Housing Loan Information

Residential Housing Loan Regulation (MAS)

First Loan Second Loan Third Loan
Loan Tenure Up to 30 years 31-35 years Up to 30 years 31-35 years Up to 30 years 31-35 years
Age Age used to calculate loan tenure, will be based on income-weighted
Up to 65 Up to 70-75 Up to 70-75 Up to 65 Up to 70-75 Up to 70-75 Up to 65 Up to 70-75 Up to 70-75
Maximum LTV Limit 75% 55% 55% 45% 25% 25% 35% 15% 15%
20% (non-individuals)
Minimum Cash Downpayment 5% 10% 10% 25% 25% 25% 25% 25% 25%
Gaurantors / Co-borrowers All Co-borrowers must be mortgagors.
Guarantors must be co-borrowers if the latter did not pass the TDSR criteria
Mortgage Servicing Ratio N/A
Total Debt Servicing Ratio 55%
Stress Test Interest Rate 4%

    Register Interest Here

    Thank you for considering The Residences at W as your future home, you will soon be able to explore and download the condo’s floor plan and e-brochure. The gallery is also available for your consideration on the latest perspectives of the development. Please also see the latest video of the fly-through as well as more info on the project. We will also update the balance unit chart as soon as it is available to provide the latest unit available. Please see more info on developer details and track record as well.

    The latest site plan and floor plan is available here together with the pricing and elevation chart. There are many different layout types for your consideration. Please see the location of the project as well as the showflat location. Kindly register before coming to the showflat to ensure that there is an appointed sales person at the showflat for the viewing.

    The housing loan information provided in connection with this condo launch is for general informational purposes only and should not be considered as financial advice, nor does it constitute an offer of credit by any financial institution. The developer, its agents, and affiliates do not guarantee the accuracy, completeness, or applicability of any information related to housing loans, including but not limited to interest rates, loan terms, and eligibility criteria. Such information is subject to change based on financial institutions’ policies and the prevailing economic environment without prior notice.

    Prospective buyers are encouraged to conduct their own research and consult directly with financial advisors and banking institutions to obtain up-to-date and personalized housing loan information. The eligibility for a housing loan and the terms of financing will vary significantly between individuals based on their financial status, credit history, and lender policies.

    The developer is not responsible for any decisions made based on the housing loan information provided in this context. By accessing or using this information, individuals acknowledge that it is their responsibility to verify the accuracy and relevance of the information for their own financial situations. The developer, its agents, and affiliates will not be liable for any errors in this information, nor for any actions taken in reliance thereon.

    This disclaimer serves to remind interested parties that financial conditions, regulatory requirements, and market circumstances can change, potentially impacting the availability and terms of housing loans. As such, prospective buyers should ensure they are making informed decisions based on the most current and comprehensive financial advice available.