Land & Construction Loan

We finance up to 80% of project costs for a land and construction loan. The exact quantum depends on the project's feasibility and the borrower's track record and credit profile. Financing limits are subject to credit assessment and the applicable terms.

Yes. SingFinance offers interest servicing until TOP, so during construction you pay interest only on the amount drawn, with no principal repayments until the project receives its Temporary Occupation Permit. This is available for SME and corporate customers and is subject to credit assessment.

Funds are released in stages tied to construction progress rather than in a lump sum, and the loan tenure runs up to 36 months. Your Relationship Manager structures the drawdown schedule around your project milestones, so the financing tracks the status of the construction project.

We finance landed homes, apartments and condominiums, hospitality and hotel developments, and industrial or factory projects. Both residential and commercial construction projects qualify, subject to feasibility and credit assessment.

Yes. Our business construction loan supports developers of all scales, from boutique residential developments to larger commercial schemes. Developers new to development may still be considered, subject to credit assessment assessed mainly on project feasibility, financial strength and credit profile.

You will need the OTP for the site if available, details of the development, ACRA and management details of the borrowing company, a completed application form, directors' and guarantors' recent income tax assessments and net worth statements, NRIC copies, and a listing of your past development track record. Your Relationship Manager will advise on any requirements specific to your project.

There is no penalty for early repayment where it results from the sale of the development. For other early-repayment scenarios, terms and conditions apply. Speak to your Relationship Manager for details specific to your facility.