Singaporean Property & PLoan
Singaporean Property & PLoan Financing Kuala Lumpur (KL), Malaysia, Selangor, Negeri Sembilan, Wangsa Maju, Seremban Services | Mag Management Services

Singaporean Property & PLoan

ONLY FOR SINGAPOREAN BUY SINGAPORE PROPERTY / MALAYSIA PROPERTY / PERSONAL LOAN

 

v  Completed Application Form (as attached)

v  Declaration Form (as attached)

v  Copy of NRIC or Passport

v  Income Documents

   Salaried

–  1 month Computerized Payslip AND

–  Latest 1 year Notice of Assessment (www.iras.gov.sg Login using Singpass View Correspondences/Notices (under E-services) Letters/Notices) AND

–  Last 12 months CPF contribution statement

   Self-employed

–  Latest 2 years Notice of Assessments AND

–  Last 12 months CPF contribution statement

v  Sales & Purchase Agreement or Reservation Form

v  HDB no outstanding loan proof (www.hdb.gov.sg)

 

FOR BUYING MALAYSIA PROPERTY

Financing Areas: Johor Bahru (including Nusajaya), Klang Valley (including KL), Penang (including Butterworth)

Loan Currency: SGD (Singapore Dollar) Loans

 

Interest Rates

Residential Property

Year 1 – 5 : 3M SIBOR + 2.5%

Thereafter : 3M SIBOR + 3.0%

Commercial Property

Year 1 : 3M SIBOR + 3.0%

Year 2 : 3M SIBOR + 3.5%

Thereafter: 3M SIBOR + 4.0%

 

Financing Quantum: Up to 70% of the purchase price or valuation, whichever is lower

 

Loan Quantum : Minimum Loan SGD 100,000

 

Loan Tenor

Residential Property

_ Minimum 5 yrs

_ Maximum 35 yrs

Commercial Property

_ Minimum 5 yrs

_ Maximum 30 yrs

 

Processing Fees: SGD 200

 

Partial Prepayment Penalty: Nil

Full Redemption Penalty: Nil

 

Cancellation: 1.50% on the amount cancelled


Expenses

All expenses including legal fees, valuation fees, annual review charges,

taxes, duties, remittance charges and fire insurance premium shall be

payable by borrower(s)


Please leave your enquiry here, we will reply as soon as possible.

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