REZI 24 | Residential Home Loan Regulations

Rezi 24 is a freehold development which strategically located right at 39 Lorong 24 Geylang, district 24, Singapore. This premium condo has featured 110 exclusive homes and proudly developed by reputable developer - Development 24 Pte Ltd. Just a stone throw away to three MRT stops are Dakota MRT, Aljunied MRT Station and Mountbatten MRT Station and a huge of amenities surrounding, it is one of several exceptional recreational features that have been conceived to let you live life to the fullest. Separate life and convenient position for individual apartment clusters are specially devised, modern system transportation that afford you both privacy and a welcoming environment that says: you're home!

Tastefully situated into the geographical location, proximity to eateries and top schools, seek to attract many potential home seeker and upgraders to turn Rezi 24 Geylang into their dream home. Moreover, the important factor can persuade home buyer buy this property is that designed with direct access for selected units to the swimming pool and 5 levels of Communal Gardens, Rezi 24 is one of its kind in the vicinity. Whether it’s a home with city views, garden views or pool-facing views, it’s a home that’s designed to provide utmost privacy and tranquility for life.

Anyone who has invested so much in property would want to be relieved from any further tensions and look forward to enjoying their latest purchase. This is ideal for home buyers who are very choosy and particular about what kind of home they want. You will have the opportunity of securing Rezi 24 residences with better views which will eventually become very valuable on the open market. And we are very pleased to give you the best advice for your private ownership as well as the best purchase policy that ensure suitable with your finance. To more clearly, please take look the reference home loan table below.

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 60%
Stress Test Interest Rate 3.5%