Bank Loans — Private Property
Market-linked packages with fixed or floating options (e.g., SORA or board rate). Mix stability with flexibility to suit your risk appetite.
Wide package rangeFixed / FloatingRepricing options
Property Loans
Property Loans in Singapore
Secure the right home loan with clear guidance and careful comparison. We cover private residential, HDB, Executive Condominium and refinancing—so you can decide with confidence.
Types of Property Loans
HDB & Executive Condominium
HDB buyers may take an HDB loan (subject to eligibility) or a bank loan. EC buyers use bank loans and are subject to MSR.
HDB loan eligibilityMSR appliesBank alternatives
Fixed vs Floating
Fixed Rate
- Stable monthly instalments during fixed period—easy budgeting.
- Good for families needing payment certainty.
- Resets after fixed period—review early.
Floating Rate
- Moves with SORA/board rate—benefit when rates ease.
- Often lower starting rates than fixed.
- Payments can rise when rates increase.
Eligibility & Key Limits
TDSR — share of income to all debts (guide) MSR — applies to HDB & EC (from developers) LTV — based on loan count, tenure & profile Tenure rules — age & property type caps
Upfront & Recurring Costs
Stamp Duties
BSD and ABSD where applicable. See our ABSD page.
Legal & Valuation
Payable at completion; some banks allow subsidies or add-on to loan (terms apply).
Insurance
Fire insurance and, where required/desired, mortgage protection (MRTA/term).
Package Fees
Look out for annual/admin or conversion fees when repricing/refinancing.
Lock-In, Clawback & Penalties
Many packages include a lock-in. Full redemption or sale within this period may incur fees. Subsidies can be clawed back if you refinance/redeem during lock-in. Always review your Letter of Offer.
Repricing vs Refinancing
Repricing (Same Bank)
Lighter paperwork; often lower/waived legal fees—quick way to trim repayments.
Refinancing (New Bank)
Move to a sharper package. Legal/valuation apply; incentives may offset. Compare true net savings.
Steps to Apply
1
Plan
Speak with us to map budget, objectives and timelines.
2
Approval in Principle
Secure AIP so you can act decisively on a unit.
3
Select Package
Choose fixed/floating; sign Letter of Offer.
4
Legal & Valuation
Appoint law firm; complete valuation and documents.
5
Disbursement
Drawdown at completion or on refinancing date.
Documents Checklist
Identity & Income
- NRIC/Passport & latest Credit Bureau report
- Payslips/NOA & CPF contribution history
- Tenancy agreement (if counting rental)
Property & Loans
- Existing loan statements (if any)
- Option/S&P or property particulars
- Other debt statements (cards, car, etc.)