Financing a house at Belgravia Ace follows the standard Singapore rules for private residential property: a loan-to-value cap set by MAS, a Total Debt Servicing Ratio ceiling, and a stress-test interest rate applied to your affordability. Figures below are current as at August 2026.
| Outstanding housing loans | LTV — tenure ≤30 yrs and age ≤65 | LTV — tenure >30 yrs or past age 65 | Minimum cash |
|---|---|---|---|
| None (first housing loan) | 75% | 55% | 5% |
| One outstanding | 45% | 25% | 25% |
| Two or more outstanding | 35% | 15% | 25% |
MAS loan-to-value limits for housing loans from financial institutions. The balance beyond the minimum cash component may be paid in cash or CPF Ordinary Account savings. Banks are not obliged to grant the maximum LTV. Confirm with MAS guidance and your bank.
| Rule | What applies |
|---|---|
| Total Debt Servicing Ratio | Total monthly debt obligations capped at 55% of gross monthly income |
| Stress-test rate | 4% per annum medium-term floor for residential property; many banks assess higher |
| Maximum loan tenure | 35 years for private property; beyond 30 years, or past age 65, the LTV cap drops |
| Variable income | Bonuses, commissions and rental income are haircut by 30% before counting |
| Existing obligations | Car loans, personal loans, renovation loans and 3% of outstanding credit card balances all count |
| Mortgage Servicing Ratio | Does not apply — MSR is for HDB flats and ECs bought from developers, not private landed property |
MAS rules as at August 2026. Indicative only — confirm with MAS and your bank before commitment.
At the indicative Type C starting price of S$5.30 million, a buyer with no outstanding housing loan and a tenure within 30 years faces a 75% LTV cap of about S$3.975 million, leaving roughly S$1.325 million in cash and CPF, of which at least S$265,000 must be cash. Add BSD of about S$258,600 on that price, plus any ABSD.
Whether that loan is actually available depends on TDSR. At the 4% stress rate over a 30-year tenure, servicing a S$3.975 million loan requires roughly S$19,000 a month of debt capacity, which at the 55% cap implies gross monthly income in the region of S$34,500 with no other obligations. Two things follow: TDSR usually binds before LTV at this price point, and existing car or property loans matter a great deal.
Illustrations use the MAS stress-test floor and are arithmetic examples, not an offer of credit or a statement of what any bank will lend you.
CPF Ordinary Account savings may be used towards a private residential purchase, subject to the Valuation Limit and the applicable withdrawal limits, and subject to the minimum cash component being met separately. Because Belgravia Ace is freehold, the CPF usage restrictions that bite on properties with short remaining lease do not apply here — a practical advantage of perpetual tenure that is easy to overlook.
Read the payment timing on the payment scheme page and the duty on the stamp duty page, then see what is available on the balance units chart.
Important. Every figure on this page is a standard Singapore rate, indicative only, and subject to change. Confirm with MAS, your bank and your financial adviser before commitment. Nothing here is financial advice or an offer of credit.
We can walk you through the LTV, TDSR and cash position for a specific house before you visit, so the viewing is spent on options you can actually take up.