My Own Dream Home Singapore HDB  
main menu left Home About Us Services Videos News Articles Careers Contact 中文 main menu right
Body Top Back
Buying Property Enquiry   Selling Property Enquiry   Renting Property Enquiry   Investing Property Enquiry

Real Estate Enquiry Form

Buying Real Estate Enquiry
Selling Real Estate Enquiry
Renting Real Estate Enquiry
Investing Real Estate Enquiry
Mortgage Finance / Refinancing

HDB Featured Properties

HDB Flats For Sale
HDB Flats For Rent

Private Featured Properties

Condo Apartment For Sale
Condo Apartment For Rent
Landed House For Sale
Landed House For Rent
Commercial / Industrial For Sale
Commercial / Industrial For Rent
Private Residential Property Search
International Property Search

Singapore HDB Information

HDB Flats Home Seekers
HDB Flats Home Owner

Free Valuation

FREE Sale Valuation
FREE Rental Valuation
Property Management
Commercial Advisory
Project Sales and Marketing
Preferred Finance
Listing And Buying Presentation
Singapore District Guide
Useful Resources In Singapore
Singapore Property Consultants
More Others Property Information
Useful Resources Links

Newsletter Signup

Subscribe Now To Get Latest News
Visit this group

Mortgage Finance Refinancing

Finance and mortgage for your home in Singapore comes from a slightly different source than the conventional. The Central Provident Fund (CPF) is what mainly Finances and mortgages your living and since it is already a mandatory savings scheme there is no further relevant burden on one's pocket. CPF originated on 1 July 1955 as the government funded pension program by the Colonial British Government. CPF allowed property purchase during the 1970-80 decade for both public and private housing schemes. And people are rapidly taking advantage of this Finance and mortgage offer to buy up more properties. There is no doubt that this scheme is what is responsibly today for 92% Singaporeans having a home and has promoted house ownership manifold.

Although there are private housing schemes in Singapore, the majority (up to 80%) of housing is provided by the public sector of Singapore, but CPF Finance and mortgage is available for both types of projects.


The public housing society is under HDB (short for Housing and Development board). One of the world’s finest public sector organizations and as the name suggests responsible for facilitating a group of clientele that was once the lower classmen of Singapore but is now catering all the different classes of Singapore but its diversified types of projects. I have written detailed articles on HDB.

The public sector has executive sections, new constructions and resale sections, while the new constructions are sold at subsidized rates, to facilitate new house owners.


The private sector isn’t regulated as well as the public sector and receives lesser subsidies, hence the game is largely in the favor of HDB, and it has units in the entire prime and less known locations too.

How to get Finance and mortgage In Singapore?

There are two main sources of Finance and mortgage in Singapore, the HDB public finance sector and the commercial finance sector, you have to see which sector you would choose, spending on what you expect from a mortgage and the price and markup you are ready to bear.

You can even get a subsidy on your Finance and mortgage if you qualify for that. It’s easy if you are going to own a house for the first time or if you are upgrading to a better and spacious unit. Those who do not qualify for this, generally have to take the option of going to the commercial or private sector for Finance and mortgage.

Interest rates on finance and mortgage in Singapore range from 1.6%1 to 3.75% for the fixed rate mortgage and 1.59% to 3.4% for the flexible rate mortgage, with the highest tenure is 35 years, providing an excellent loan to value ratio of 80%.

The above estimate is an average of the Finance and mortgage rates offered by HSBC, Hong Leong Singapore Finance, NTUC, OCBC, DBS, May Bank and United Overseas Bank .


Mortgage Finance Refinancing
3 Room 4 Room 5 Room 6 Room
Private Condonimium Others
Pls specify
Location 1 Location 2
Location 3 Others
Budget Floor Area (opt.)
Sex Male Female
Tel (office) Tel (home)
Fax Mobile




Buy Sell Rent Invest Singapore Property


Billy Chen 曾庆义


CEA Registration Number : R029372I


Tel: (+65) 88689999

Fax: (+65) 64021826 ( email me )




Singapore HDB Saleperson
Why Select Us
About Us
Our Philosophy
Exclusive Buyer Agent
Exclusive Seller Agent
Corporate Property Consultants
Common Mistakes Seller Make
Common Mistakes Buyer Make
Common Mistakes Investor Make
Social Networking

Buying Real Estate Tips

Rent Property or Buy Property ?
Buying Process Selling Process
Foreigners To Purchase
Hire Your Own Buyer Agent
Buyers Service Pledge
Purchase Planning
Get A Mortgage Loan
Property Searching For Property
Ready to Make an Offer ?
Real Estate Inspection

Selling Real Estate Tips

When To Sell Your Property ?
Right Price Sell House Faster
Commission Information
Latest Transacted Price
Hire Your Own Selling Agent
Full Time Vs Discount Agent
Owner Service Pledge
Fixing The Price Of The Property
Showing Your Property
Negotiating Negotiation
Closing The Sale

Guides for Expatriate

Migrate Relocate To Singapore
Renting Leasing Process
Type Of Housing In Singapore
Frequently Asked Questions
Body Bottom Back
Copyright © 2010 All rights reserved Disclaimer | Privacy |