Holland Plain Financing & Home Loan Guide

Financing a Holland Plain home begins with your own budget, as Sim Lian has not announced prices.

What buyers should know

Banks lend against the price or valuation, so the analysts' S$3,000 to S$3,100 psf is only a rough guide for planning your loan and down payment.

The price list, bank packages and payment dates have not been released.

Ask your bank for an in-principle approval, and contact Davis Ng to update your figures when Sim Lian releases prices.

Financing mechanics

Loan-to-Value (LTV) — up to 75%. On a first housing loan a bank can finance up to 75% of the price or valuation. You provide the rest, with at least 5% in cash at booking.
TDSR — 55%. Your total monthly debt repayments (home loan, car, personal loans) must not exceed 55% of gross monthly income. Banks size the loan using a 4% medium-term stress rate.

Preparation sequence

Get an Approval-in-Principle (AIP/IPA) from a bank so you know your budget before launch day.
Pay the 5% booking fee on the Option to Purchase, then exercise the Option and pay the balance down-payment.
Loan disburses progressively as construction hits each milestone — your instalments step up over time.

Estimate your numbers with the mortgage calculator and the progressive payment calculator, then see the full payment schedule and stamp duty due.

This is general information, not financial advice. Loan eligibility, rates and rules are set by the banks and MAS and can change — confirm current figures with a licensed mortgage banker.

Holland Plain Financing — FAQ

Does Sim Lian offer Holland Plain financing yet?

No financing terms have been announced. Your bank will set your loan based on your income and the final price.

Why separate the 280-home estimate from my budget?

The unit count says nothing about price, so build your budget from your own funds and the price list.

Get a Tailored Holland Plain Loan Assessment

Get the latest price list, available units and floor plans for Holland Plain — no obligation.