Month: November 2022

  • Tengah Plantation Loop EC Near to Bukit Batok West MRT Station

    Purchasing a condo unit in Tengah Plantation Loop EC near to Bukit Batok West MRT Station is a great option for those looking for a quiet and comfortable community living. The location is also within close proximity to many other amenities. The area has easy access to amenities such as supermarkets, restaurants, cafes, and shops. There are also a number of recreational facilities available.

    Located along Tampines Street 62, the Tampines EC is an exciting new development in Tampines. It is a 99-year leasehold development. It is in District 18 and is expected to be completed in 2020.

    The EC is located near major shopping centers, commercial areas, and public amenities. It is also close to Tampines MRT station and Pasir Ris MRT station. The neighbourhood has several parks and recreational areas.

    There are several schools within the vicinity. This is a major advantage for parents. They can save time …

  • The Difference Between Mortgage Service Ratio and TDSR

    Total Debt Servicing Ratio

    The Total Debt Servicing Ratio (TDSR) is a financial ratio that compares a business’ net income to its debt service. When it is greater than 1, a company is better positioned to pay off its debt obligations. If it is lower than 1, the company has a difficult time fulfilling its obligations.

    The TDS ratio is a key factor in getting a mortgage. Lenders will often hesitate to offer you a mortgage if they see a high TDS ratio. This ratio measures your total debt service as a percentage of your gross annual income, which is your income before taxes.

    A TDSR must not exceed 30 percent of your gross monthly income. However, a ratio of up to 25% is acceptable, and a ratio below 30% will increase your chances of getting a loan. As long as you are able to make your monthly payments, you …