November 29, 2022 8:47 am

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 and avoid long traffic jams when transporting their kids to school. It also gives parents peace of mind, since they know that their kids will be attending well-established schools.

In addition to the convenience of accessing the city, the Tampines EC is also located close to several public schools. This is important for families who plan to bring their kids to school. Since the schools are within close proximity, parents can schedule time to walk their kids to school. This saves time, and parents can spend more time with their children.

Located in the Bukit Batok West area, Tengah Plantation Loop EC will soon be launched. The development is expected to bring 375 units to the area. It is the first EC in the Bukit Batok West area in almost twenty years. It will also be the first private housing development in the area. This development will be an excellent choice for people who want to settle down.

It is also close to the Bukit Batok MRT station. This means that it will be easy for residents to travel to work. It is also located near some shopping centres and schools. This development could be a good investment for HDB upgraders or first-time home buyers.

The EC will also be located near the Jurong Region Line. This line will stretch along Bukit Batok Road and will run on an elevated track. It will also have more than 100 hectares of green spaces, which will be ideal for outdoor recreational activities.

Located in Bukit Batok, the EC is close to Bukit Batok MRT station and other public transport routes. The development is near to prime commercial properties, schools and public amenities. ECs in Bukit Batok have limited supply, but they could be a good investment for HDB upgraders. It’s also an ideal spot for families and couples looking to invest in a long-term residence.

ECs in Bukit Batok are a perfect investment because they’re located in an upscale neighbourhood, providing luxury living within the heart of the city. There are a number of retail stores, restaurants and health care facilities within a short walking distance. The area also has several bus stops. The new MRT station is planned for the area by 2030.

ECs in Bukit Batok offer luxury living in the heart of the city, and they’re perfect for families and couples looking to invest in resale property. They’re also a good investment for HDB upgraders because of the close proximity to schools. The neighbourhood is also home to hawker centres, shopping malls and other retail facilities.

Located in Tengah Town, Tengah Garden Walk EC is an executive condominium. It is the first EC in this district since 2017. Tengah Garden Walk EC is a joint venture between City Developments Limited and MCL Land. The company paid $400,318,000 for a 99-year leasehold land parcel. The land parcel has a gross floor area of 61,659 square meters.

Tengah Garden Walk EC is set to be a BCA Green Mark GoldPLUS development. The development has numerous green features including 100-metre forest corridor, community farm park, a water conservancy centre, and water features. Moreover, it has a centralised energy software system which learns from the data collected. This helps the town to improve its energy management.

Tengah Garden Walk consists of 12 blocks with a maximum of fourteen storeys. The development has a total of 620 residential units. There are also retail shops and restaurants. These features make Tengah Garden Walk EC a popular green walk in the town.

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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 should be able to pay your debts.

A higher TDS ratio will mean higher monthly debt obligations and less ability to pay them. Lenders prefer borrowers with a TDS below 36%, and those with a TDS over 43% are unlikely to get approved for a mortgage. However, the TDS ratio is not the only factor a lender considers. A lender will look at your debt to income ratio to determine if you are able to afford the debts you have.

Experts believe that a good TDSR should be between 25 and 35 percent. However, this figure can be difficult to achieve. For example, you might have to make an additional $1,000 monthly payment to reach this level, which would result in a TDSR of 55 percent. Ideally, you want to be below 60 percent, as this indicates a high likelihood of getting approval for a loan. Debt reduction plans include debt consolidation or acquiring secured loans. In both cases, you can use your property as collateral.

Mortgage Servicing Ratio

The Mortgage Servicing Ratio or TDSR is a loan ratio that lenders calculate when determining whether a borrower is eligible to refinance a home loan. This ratio is used to measure the borrower’s ability to repay a loan, and it applies to residential, commercial, and industrial loans. Owner-occupiers are exempt from these rules, and lenders have the discretion to determine if an applicant qualifies for an exemption. In addition, investment property owners can avoid the TDSR requirement if they can come up with a plan that includes repaying at least 3 percent of the balance within three years, and they must also meet the lender’s credit assessment.

Borrowers can also reduce their TDSR by deferring principal to a later date. The maximum debt service ratio for a borrower is 60% of their income. If borrowers are concerned that they will reach their TDSR limit, they can try to reduce their loan obligations by pledging to borrow a higher loan amount. However, borrowers must remember that the TDSR and MSR were introduced to protect homeowners from over-leveraging.

Before applying for a home loan, it is important to consider the largest debt obligation. If you can afford it, avoid taking out a second mortgage or new credit lines. You should clear any outstanding car loans one month prior to applying for a home loan. Refinancing existing home loans can also help reduce your monthly repayments and free up TDSR.

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