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My brother has living abroad for more than 10 years now, but he still holds the Singapore citizenship. He is interested in investing in a condo in Singapore.

He doesn’t have any income source in Singapore as his business are overseas. Let’s assume he is servicing one bank loan for his property overseas. Can he still buy a condo in Singapore and get full 80% bank loan from a bank in Singapore?

Thank you.
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3 Answers

Ivan Ng
Replied
Hi,

May I have the opportunity to recommend some bankers you can work with? They have experience with such cases, and they will give you an indication on how much financing the banks are willing to support. Thanks and hope to speak soon.

Warm regards,
Ivan ERA
 97432395 
ivanng10@gmail.com
www.ivanng10.com Read More
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YT Tan (陈永达)
Replied
Good evening,

It will be best for my banker to advise your brother on his in principle approval first so he can gauge how much loan can he obtain before we do the house hunting.

Hope to hear from you guys soon!

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
District Director
ECG Property Pte Ltd
(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W): www.yttan.com Read More
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CK Ang
Replied
Hi, will this be the 1st property in Singapore for your brother? The quantum of the loan will be calculated base on the TDSR. Please drop me an eamil for me to share the details calculation.

I can be reachable at my mobile or email.

CK Ang
 9046 3808 
res.ckang@gmail.com Read More
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