Housing Loan Information

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 Downpayment 5% 10% 10% 25% 25% 25% 25% 25% 25%
Gaurantors / 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 55%
Stress Test Interest Rate 4%

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    Thank you for considering Emerald of Katong as your future home, you will soon be able to explore and download the condo’s floor plan and e-brochure. The gallery is also available for your consideration on the latest perspectives of the development. Please also see the latest video of the fly-through as well as more info on the project. We will also update the balance unit chart as soon as it is available to provide the latest unit available. Please see more info on developer details and track record as well.

    The latest site plan and floor plan is available here together with the pricing and elevation chart. There are many different layout types for your consideration. Please see the location of the project as well as the showflat location. Kindly register before coming to the showflat to ensure that there is an appointed sales person at the showflat for the viewing.

    The housing loan information provided for Emerald of Katong is intended for general informational purposes only and should not be considered as financial advice, an endorsement of any financial product, or a guarantee of loan approval. The developer, its agents, and affiliates make no representations or warranties, express or implied, regarding the accuracy, reliability, or completeness of this information. Terms and conditions of housing loans, including interest rates and eligibility criteria, are subject to change at the discretion of lending institutions based on prevailing market conditions and individual borrower profiles.

    Prospective buyers are strongly encouraged to conduct their own research and consult directly with banks or financial advisors to obtain current, detailed, and personalized housing loan information. This direct engagement will provide an opportunity to explore various loan options, understand specific requirements, and secure terms that best suit their financial situation.

    The information provided herein is not intended to influence the decision-making process of potential buyers regarding the selection of a loan provider or specific loan product. By accessing or using the housing loan information for Emerald of Katong, individuals acknowledge that they are responsible for their own financial decisions and that any reliance on this information is at their own risk.

    This disclaimer serves to inform potential buyers about the general nature of the provided housing loan information and emphasizes the importance of obtaining professional financial advice and conducting thorough due diligence before making any commitments. The developer is not liable for any errors or omissions in the information provided, nor for any actions taken based on reliance on this information, nor for the outcomes of any loan applications made by prospective buyers.

    Prospective buyers should note that this information is subject to change without notice, and it is advisable to confirm the most current loan terms and conditions with the respective financial institutions before proceeding with any property purchase in Emerald of Katong.