Thinking of buying a luxurious condominium in Thailand?
With UOB International, you can obtain attractive financing of up to 70% of the purchase price or valuation price (whichever is lower).
What’s more, you’ll enjoy greater financial flexibility with our long repayment period of up to 20 years. For details, speak with us on your home financing today.
- Eligibility
- Singapore citizens, Singapore Permanent Residents or foreigners aged 21 years & above
- Minimum income of USD 65,000 per annum or SGD 100,000 per annum
- Type of Properties
- Freehold Condominiums
- Interest Rates
- Loan in SGD: SGD Prime Lending Rate (Currently 5.00%) + 1.00% = 6.00 % per annum
- Loan in USD: USD Prime Lending Rate ( Currently 8.25%) + 0.50% = 8.75% per annum
See also:
 Bangkok Bank Procedures
Buying a Condo in Thailand
Selling your Condominium
|
|
Terms and condition apply.
The table below and above does not constitute an offer, an invitation to offer, a solicitation or recommendation to enter into or conclude any transaction and is issued for information and discussion purposes only. Actual transactions are handled according to the actual circumstance of each case. Find terms may differ and loan approval is subject to the Bank’s final credit assessment
United Overseas Bank
United Behind you |
Note: Prime Lending Rates are subject to change at the Bank’s discretion
FINANCINGÂ Â TERMS |
DESCRIPTION
|
PURPOSE |
- Owner occupation
- Investment
|
LOAN QUANTUM |
- Up to 70% of the purchase price or valuation price, whichever is lower
- Minimum- SGD 100,000 or USD 60, 000
- Maximum- SGD 1,000,000 or USD 600,000
|
CURRENCY |
|
LOAN TENOR |
- Minimum 3 years
- Maximum 20 years (subject to age of applicant with highest income < 65 years at end of tenor)
|
LOAN REPAYMENT |
- Monthly repayment of principal and interest
- Installments will commence one month from date of loan disbursement
|
LOAN PREPAYMENT |
- Prepayment of loan is allowed, subject to a flat fee of 1.5% of the prepaid loan amount
|
IN-PRINCIPLEÂ APPROVAL FEE |
- SGD 100 or USD 100 payable upon request (Only one in-principle approval will be provided for each loan application)
|
PROCESSING FEE |
- A Processing fee of SGD 3,000 or USD 2,000 is payable upon acceptance of letter of offer
|
ADJUSTMENT FEE |
- SGD 150 or USD 100 is payable for re-processing/amendment of loan application after approval of facility
|
CANCELLATION FEE |
- 1.5 % of the approved loan amount
|
ANNUAL VALUATION FEE |
- SGD 150 or USD 100 per valuation. First valuation fee payable upon loan application
|
EXPENSES |
- All expenses including legal fees, mortgage costs, remittance charges, annual valuation fee and fire insurance premium shall be payable by borrower(s).
|
SECURITY |
- Legal mortgage of property to be financed
- Assignment of rental proceeds if property is rented out
- Personal guarantee (if applicable)
|
|
|
