According to the relevant regulations of purchasing houses in Singapore, China people can apply for housing loans, and the interest rate of housing loans in Singapore is low. The interest rate of housing loan in Singapore is about 1.2% in the first year of housing purchase, which has great advantages compared with the domestic interest rate of about 6%. Usually, when banks apply for loans, they will comprehensively inspect the income, assets, length of service and credit records of buyers.

The application steps are usually:

(1). Contact the bank loan specialist.

② Submit the required evaluation materials.

The loan application was approved.

④ Sign a loan agreement.

The loan interest rate in Singapore is usually divided into fixed interest rate and floating interest rate. Banks will have different supporting schemes when lending, regardless of fixed interest rate or floating interest rate. Just choose what suits you according to your own situation.