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Why Mortgage Service Ratio Tends To Result in Lower Loan Amount

When a borrower has a higher loan-to-value ratio (LTV), it is riskier for the lender to lend money to them. Lower LTVs, on the other hand, are better for borrowers. LTV ratios are calculated by comparing a borrower’s financial assets to the amount of money the borrower can afford to repay the loan.

Liquid reserves are financial assets that are available to a borrower after a loan transaction closes

Liquid reserves are financial assets that a borrower can tap into if needed to meet monthly mortgage payments. They are the funds remaining in a borrower’s account after paying off a down payment, closing fees, and signing documents. While some lenders will allow borrowers to supplement their liquid reserves with cash from other sources, others will not.

A borrower may need liquid reserves if they have low credit scores or have a low down payment. In such cases, lenders will prefer …

Bukit Batok EC by Qingjian Realty is expected to attract a strong buying interest

Located near the Bukit Batok MRT station, Bukit Batok EC is well-connected to many parts of Singapore. The area is also conveniently close to schools and other amenities. If you’re looking for an investment property with ample rental potential, Bukit Batok EC is a good choice.

This executive condominium development is set to be a 10 minute walk from the Bukit Batok MRT station, making it convenient for commuters to get to work. The site has an estimated land area of 12,449.3 square meters, with a maximum gross floor area of 37,348 square meters. The project will also The Myst be located near Bukit Hillside Park, as well as future high-rise residential developments.

Despite the limited number of private housing units in Bukit Batok, developers have a large land bank that can accommodate a variety of price ranges. One mid-sized parcel can fetch between $650 per square foot, allowing developers …

Upcoming Kensington Park Serangoon Condo Enbloc

If you are looking for a new home, you might be wondering how to get one of the enbloc units at Kensington Park Condominium. Here’s what you need to know about this upcoming enbloc sale. First of all, you need to know how Lumina Grand EC much it will cost you to purchase a unit. You’ll need to know how much the Reserve price will be, as well as the Land rate.

The sale of units at Kensington Park condominium, in Serangoon, is underway. The property has been put up for collective sale with a guide price of S$1.28 billion. This price is inclusive of the land betterment charge of S$209.8 million. The development charge of $232.1 million is also included in the guide price.

The project is located in the Serangoon Gardens landed estate, which has a good supply of land for future development. This area is suitable …

New Jurong East Condo to Launch After J Gateway Condo

New Jurong East Condo to Launch After J Gateway Condo

There’s a buzz in the Jurong East property market right now, as the new J Gateway condo is about to launch. It will be the first new condominium development in Jurong East in 10 years, and prices have been set high. The launch price of $1,650 per square foot (psf) for a four-bedder will set a new record for this part of the city. And it’s not just the low price that’s drawing buyers – the condo’s proximity to Jurong East MRT station will also draw buyers to the development. One agent said that she had received over 100 enquiries from potential buyers in the past three weeks.

Hillion Residences

One of the main drawcards for buyers is the prime location. The new development is just a few blocks from Jurong East MRT station, which has seen over 100 buyer …

Young Couples Prefer to Living in Tengah EC Which Features New Town

The Tengah EC is a luxury residential area with freehold houses and midwood condos. It is surrounded by nature in all directions and will have over 4,000 units when finished. Currently, it is divided into two phases, Phase I and Phase II.

Senja Residences EC offers two-bedroom units, attached bathrooms, and a kitchen. It is located near the Bukit Panjang MRT station and several bus services. Its prime location makes it convenient for easy access to the central business district of Singapore. Several childcare centres are nearby.

The property is also near the Pan-I expressway and the upcoming Senja Road MRT station. It offers easy access to a range of shops, restaurants, and country clubs. Construction is expected to be completed by 2022 and it is expected to cost approximately S$1,400 per square foot.

The property is located close to the future car-free town centre. This is a rare opportunity …

Bukit Panjang MRT Station Near to New EC Launching in Blossoms Area

The Bukit Panjang MRT Station is an elevated station connected to the Bukit Panjang LRT station by a bridge. It has three ground-level exits and was formerly a terminus station on the Downtown Line. There are no more cash top-up machines at the station. The station is also the first elevated one in Singapore without a paid link. This article will discuss some of the station’s interesting facts. The condo Senja Residences is a new development that is launching soon. It is a new EC that is launching after Blossom Residences.

Located in Bukit Panjang, the Bukit Panjang LRT station is an interchange between the LRT and MRT. The station is located at the intersection of Upper Bukit Timah Road and Petir Road. The LRT station connects to the MRT station via a bridge. The station is accessible via both MRT and LRT, and is located near Petir Hill.

The …

Marina Gardens Lane Condo Near to Prime Residential and Business Address

Marina Gardens Lane Condo Near to Prime Residential and Business Address

The real estate project known as Marina Gardens Lane Condo is a mixed development that will feature two Grade-A office buildings, 1042 luxury residences, and retail space. Its design complements the long-term transformation of Marina Bay, and it will become part of a bustling metropolitan culture, providing luxury, convenience, and prestige. To read more about this award-winning development, read on. This article will provide you with the inside scoop on its amenities, location, and PSF.

If you’re looking for a prime real estate investment in a central location, look no further than the Marina Gardens Lane Condo. This multi-stage regional township in Singapore’s CBD is located just minutes from major business districts and entertainment hubs. In addition to its prime location, the Marina Gardens Lane Condo also benefits from a huge pool of top quality tenants. These attributes make this prime residential and business address an excellent choice for investors …

Tampines EC at Tampines Street 62 Near to White Sands Shopping Mall

Tampines EC at Tampines Street 62 Near to White Sands Shopping Mall

The Tampines EC is a mixed-use development situated near the Tampines MRT station. The development has a population of around 200,000 and is home to many retail stores and entertainment facilities. The development is expected to have a GFA of about 47,964 square meters upon completion. The town centre is within walking distance and residents can schedule a walking time to get to school. There are also many facilities for the whole family at the Tampines EC, including a shopping mall and a park. Tampines EC is located in the exciting town of Tampines which during the past few years, Singapore has seen its share of development booms, with Tampines’ growth spurt the latest one. In the past few years, the redevelopment of the Tampines Bus Interchange has also been completed, bringing with it better bus services, bicycle parking facilities, and amenities. In addition, the new developments at the interchange …

Review of Tampines EC Near to Schools and Public Transport

Review of Tampines EC Near to Schools and Public Transport

One of the key advantages of living in Tampines EC is the proximity to good schools. The International School of Singapore is one of the top schools in the country. Having a good school close to your home is great because it will give your kids plenty of time for budgeting their time. The construction of the new Tampines EC is expected to be completed by April 2021. Other features of Tampines EC include great shopping and dining options.

This neighbourhood also includes new neighbourhood parks. The master plan aims to build more green spaces for residents and to reduce the urban heat. The new development will also feature new hawker centres and retail outlets. This new district will offer the most complete residential and commercial district in Singapore. Its proximity to Tampines North Primary and Secondary Schools makes it ideal for young families. In addition, the area will be …

New Home Buying Process Affecting The Real Estate Industry Amid Covid 19

Before the new coronavirus, there has been calls for workers to work from home in an effort to promote work life balance. These calls have been muted because bosses do not trust their workers when working from home. However, the new Covid-19 has forced company management to implement work from home policies. Many industries are affected by this but the real estate industry is particularly affected. The real estate industry is adapting quickly to the outbreak of coronavirus. Many real estate agents, brokerages, and even mortgage companies have shifted their business virtually. Different states and localities have employed various restrictions and revisions to real estate transactions in case they are allowed to continue. Above all, technology is making it possible for many people to continue their home buying journey even while following stay-at-home and social distancing orders.

Here’s a thorough guide into the real estate process in the time …