Overseas Property Loan

Expand your property portfolio overseas

Why you will love this

Finance the purchase of your overseas properties or refinance your existing overseas property loan

Enjoy the convenience of managing your loan in Singapore

Choose to borrow in SGD or in the currency of the property location

Who can apply

Singaporean, Singapore PR or foreigner employed and residing in Singapore

Those who have taken up a minimum loan of S$300,000 or $200,000 (in the relevant foreign currency), depending on their property's location

Only properties in selected locations are eligible for the loan

Secure financing for properties across major cities in Australia, Japan, Malaysia, the UK and the US.

benefits

Secure financing for an overseas property

Obtain a loan amount of up to 70% of the current market value of your overseas property.

Borrow in your preferred currency

Enjoy the flexibility of financing your property in SGD or in the currency of the property location.

Loan Details

Learn more about location-specific overseas loan details.

Australia

Finance the purchase of your property in Melbourne, Perth and Sydney, obtain an equity loan or refinance your existing property loan.

  In SGD In AUD
Rates info 3M SIBOR + 2.50% 3M AUD COF + 2.75% if LTV is up to 50% and 3M AUD COF + 3.25% if
LTV is above 50%
Minimum loan amount S$300,000 AU$200,000
Maximum loan amount Up to 55% Up to 60%
  In SGD In AUD
Rates info 3M SIBOR + 2.50% 3M AUD COF + 2.75% if LTV is up to 50% and 3M AUD COF + 3.25% if
LTV is above 50%
Minimum loan amount S$300,000 AU$200,000
Maximum loan amount Up to 55% Up to 60%

United Kingdom

Finance the purchase of your property in London, obtain an equity loan or refinance your existing property loan.

  In SGD In GBP
Rates info 3M SIBOR + 2.50% 3M GBP COF + 2.75% if LTV is up to 50% and 3M GBP COF + 3.25% if LTV is above 50%
Minimum loan amount S$300,000 £200,000
Maximum loan amount Up to 55% Up to 60%
  In SGD In GBP
Rates info 3M SIBOR + 2.50% 3M GBP COF + 2.75% if LTV is up to 50% and 3M GBP COF + 3.25% if LTV is above 50%
Minimum loan amount S$300,000 £200,000
Maximum loan amount Up to 55% Up to 60%

Japan

Finance the purchase of your property in Tokyo.

  In SGD In JPY
Rates info 3M SIBOR + 2.75% 3M JPY COF + 3.50%
Minimum loan amount S$200,000 ¥‎25,000,000
Maximum loan amount Up to 60% Up to 70%
  In SGD In JPY
Rates info 3M SIBOR + 2.75% 3M JPY COF + 3.50%
Minimum loan amount S$200,000 ¥‎25,000,000
Maximum loan amount Up to 60% Up to 70%

Malaysia

Finance the purchase of your property in Kuala Lumpur or Johor Bahru.

  In SGD In RM
Rates info 3M SIBOR + 2.50% Not applicable
Minimum loan amount S$200,000 Not applicable
Maximum loan amount Up to 60% Not applicable
  In SGD In RM
Rates info 3M SIBOR + 2.50% Not applicable
Minimum loan amount S$200,000 Not applicable
Maximum loan amount Up to 60% Not applicable

USA

Finance the purchase of your property in New York.

  In SGD In USD
Rates info 3M SIBOR + 2.75% 3M USD COF + 3.50%
Minimum loan amount S$300,000 US$200,000
Maximum loan amount Up to 70% Not applicable
  In SGD In USD
Rates info 3M SIBOR + 2.75% 3M USD COF + 3.50%
Minimum loan amount S$300,000 US$200,000
Maximum loan amount Up to 70% Not applicable
Process
Loan process to apply for an Overseas Property Loan.

Step 1

Prepare your documents

You will need to submit the following documents:
  • NRIC / passport
  • Latest Notice of Assessment
  • Payslips for the last 3 months, if employed
  • For property purchase: Reservation Form / Booking Form / Contract For Sale
  • For loan refinancing: Latest loan statement loan outstanding, and insurance policy on your property. If your existing loan is with not with a bank in Singapore, submit 12 months account repayment history
We will contact you for more documents if required.
Read more

Step 2

Apply for a loan and accept your loan offer

Get us to contact you to help you apply for your overseas property loan. We will contact you when your loan is approved.

Step 3

Accept your loan offer

After your accept the Letter of Offer, you can expect the following:

  1. We will appoint our panel law firm overseas to handle the legal conveyancing. You will bear the legal cost.
  2. You will be contacted by the value regarding inspection of your property before loan disbursement.
  3. You will receive our letter advising disbursement. Monthly instalments will also commence.
before you apply

Eligibility requirements

Minimum age

18 years old

Nationality

Singaporeans, Singapore PRs and foreigners employed and residing in Singapore

Minimum loan amount

S$300,000 or 200,000 in foreign currency for Australia, United Kingdom, USA

S$200,000 or JPY25,000,000 for Japan

S$200,000 for Malaysia



Additional information

ABS Guide: The Association of Banks in Singapore and MoneySENSE guide, "What You Should Know About Housing Loans - Key Questions to Ask The Bank Taking a Housing Loan" is available and you are encouraged to read it before committing to a residential property loan.


WAYS TO APPLY

Apply for an OCBC Overseas Property Loan today