can anyone advise financing options for buying a house in SG

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dare2venture
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can anyone advise financing options for buying a house in SG

Post by dare2venture » Wed, 11 Aug 2010 12:46 am

hi there, i have stayed in singapore for a year now and contemplating to purchase a property here. can anyone advised on the financing options available to expat?

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Mad Scientist
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Re: can anyone advise financing options for buying a house i

Post by Mad Scientist » Wed, 11 Aug 2010 6:16 am

dare2venture wrote:hi there, i have stayed in singapore for a year now and contemplating to purchase a property here. can anyone advised on the financing options available to expat?
IF you are not SGer or a PR , you cannot purchase HDB house. Fullstop
If you are looking to purchase a private property NEW, usually the real estate agent will have a banker tagged along or recommended on that particular property. Usually is 20% + stamp fees + miscellanous.
If it is resale, best stop will be the banks. Credit criteria wil depending greatly on your salary earned and the ability to service the mortgage
Go to local bank like DBS for a start. Foreign Bank like StanChart or HSBC can be an option
The positive thinker sees the invisible, feels the intangible, and achieves the impossible.Yahoo !!!

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