Housing Loan Information

Residential Home Loan Regulations (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 Down-Payment 5% 10% 10% 25% 25% 25% 25% 25% 25%
Guarantors / 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 60%
Stress Test Interest Rate 3.5%
  • This field is for validation purposes and should be left unchanged.
error:
All viewing during the preview period will strictly be on appointment basis. More info.
+ +
Chat Now!
1
Welcome to Penrose!
Hello! Thanks for visiting
Penrose!

🚀 PENROSE LAUNCHING SOON! 🚀
Target Launch Date: Q3 2020

A Sought-after RCR Development At D14, A New Regeneration District Closest To The City!

♻️The much anticipated Sims Drive GLS Site bidded by renowned developers, Hong Leong Holdings' Intrepid Investments and City Developments Ltd for $732psf per plot ratio !

🏡5 blocks of 18-storey
🏘️566 units
🏞️174,648 sq ft of estimated land size
👨‍👩‍👧‍👦 Child Care Centre

Unit Mix & Estimated Sizes
• 1-Bedroom (57 units) 474 - 517 sq ft
• 1-Bedroom (with Study) (2 units) 560 - 571 sq ft
• 2-Bedroom (69 units) 646 sq ft
• 2-Bedroom Premium (68 units) 700- 710 sq ft
• 2-Bedroom (with Study) (34 units) 797 - 807 sq ft
• 3-Bedroom (105 units) 936 - 980 sq ft
• 3-Bedroom Premium (123 units) 1044 - 1098 sq ft
• 3-Bedroom (with Study) (54 units) 1173 - 1184 sq ft
• 4-Bedroom (54 units) 1389 - 1399 sq ft

Excellent Connectivity
✅ CBD & Orchard Road
✅Shopping Malls
✅Business Hubs

🚊 Only about 500m to Aljunied MRT
✓ 1 stop to Paya Lebar (EW/CC)
✓ 3 stops to Bugis (EW/ DT)
✓ 4 stops to City Hall (NS/EW) & Promenade (DT/CC)
✓ 5 stops to Raffles Place (NS/EW) & Dhoby Ghaut (NS NE CC)

🚗 Only 15 minutes drive to CBD and Orchard Road!

Elite Schools Within 1km
🎓Geylang Methodist Pri/Sec School &
Canossa Catholic Primary School

♐Park Place Residences has achieved sellout at record prices and Parc Esta has already sold more than 1,100 units within 1.5 year of launch!

Following the sell-out of Park Place Residences and Parc Esta, now Penrose offers you another great opportunity to enjoy preview prices at hot District 14! Register your interest now to gain access to VVIP preview, floor plans, latest price lists and E-brochure!

Announcement:
**********************
As the capacity for visitors to Penrose Sales Gallery is limited due to Safe Management Measures (SMM) hence viewing is strictly by appointment only.

For tracing & preventive purposes, only clients who have registered successfully for the appointment time slot will be allowed entry into the showflat, subject to ID verification & temperature checks.

Some hardcopy documents will be required to be submitted to secure a viewing slot. Please check with us for the details.

Limited time slots per day.
**********************

Viewing is by Appointment Only.
Chat with us Now to find out more!
Powered by