Panduan Pembeli Asing
Peraturan pinjaman-kepada-nilai terpakai sama rata kepada orang asing dan penduduk tempatan di atas kertas. Namun dalam praktiknya, mendapatkan pembiayaan sebagai bukan pemastautin adalah lebih sukar dan lebih mahal.
On paper, the Loan-to-Value (LTV) and Total Debt Servicing Ratio (TDSR) rules treat foreigners and Singapore Citizens identically. In practice, banks apply tighter underwriting to non-resident borrowers, especially around income documentation.
For residential property bought with a bank loan (not HDB loan — those are SC/PR only):
| Property # | Max LTV — Loan tenure ≤ 30y AND borrower ≤ 65y at end of tenure | Otherwise |
|---|---|---|
| 1st outstanding | 75% | 55% |
| 2nd outstanding | 45% | 25% |
| 3rd+ outstanding | 35% | 15% |
You also have to put down a minimum cash component of 5% (for 75% LTV) or 10% (for 55% LTV). The rest of the downpayment can come from CPF — but foreigners have no CPF.
Your total monthly debt obligations (this loan + car loan + credit cards + any other servicing) cannot exceed 55% of your gross monthly income. This is the same for everyone.
The complication for foreign borrowers: banks haircut non-SG income at 30%-50% when computing TDSR. So a foreign professional earning S$20k/month equivalent might only get TDSR credit for S$10k-14k of it.
Banks vary widely on how lenient they are with overseas income. DBS, UOB, OCBC tend to be more accommodating for high-net-worth foreign applicants. HSBC and Standard Chartered also have private-banking-grade mortgage products for non-resident HNWIs.
Because foreigners cannot use CPF for downpayment, and TDSR is harder to clear on foreign income, many foreign buyers run cash-heavier than locals — often 40-50% cash, 50-60% loan, vs the local norm of 25% cash + CPF + 75% loan.
If you are buying a S$2,000,000 condo as a foreigner:
Run your numbers before falling in love with a property.
Foreigner mortgage rates are the same as local rates at most major banks — typically SORA-pegged floating + 0.5-1% spread, or 3-year fixed at competitive rates. You will not be penalised on the rate just for being foreign.
Nota editorial
Artikel ini adalah maklumat umum sahaja dan bukan nasihat undang-undang, cukai, atau kewangan. Peraturan hartanah Singapura berubah mengikut kemas kini dasar, dan situasi setiap pembeli berbeza. Rujuk ejen hartanah Singapura berdaftar CEA, penasihat cukai bertauliah, dan peguam pindah milik sebelum membuat sebarang keputusan pembelian.