FINANCIAL INFO for Foreigners :
* Bank Loan : Foreigners, whether it is Non-Resident or Resident in Singapore, are allowed to borrow money from Banks in Singapore for the purchase of Non-Landed Private Residential Property (Condominium/Apartment), and Commercial Property (eg. Office, Shop, Restaurant, Medical Clinic, Industrial, and Warehouse).
* Bank’s Interest Rate for Home Loan in Singapore is normally between 1.60% to 2.0% per annum.
* It is happened commonly in Singapore : Monthly Rental INCOME is HIGHER THAN the Monthly Bank Mortgage PAYOUT (Just Contact Us and we would advise you with more details about how to structure it properly).
SINGAPORE NEWSPAPER (THE STRAITS TIMES) articles :
Please feel free to Contact Us for more details info about renting, buying or selling a property in Singapore.