The Allamanda Grove Home Loan and Financing Guide helps you estimate your buying budget, monthly repayments, and total upfront costs before you commit to any Allamanda Grove for sale listing in District 10 (Tanglin / Holland). Homejourney’s focus on safety and verified data allows you to plan confidently, whether you are buying your first landed home, upgrading, or investing for rental income.
This financing guide is a tactical companion to our main pillar article, Allamanda Grove For Sale in D10: Ultimate Buyer’s Guide by Homejourney Allamanda Grove For Sale in D10: Ultimate Buyer’s Guide by Homejourney . Here we go deep into loan amounts, down payment, ABSD, CPF usage, and what these numbers could mean for actual units at Allamanda Grove.
Allamanda Grove at a Glance: Price & Buyer Profile
Allamanda Grove is a freehold landed terrace cluster in District 10, located around 26 Allamanda Grove, within the prime Tanglin / Holland / Bukit Timah planning area.[1][8] The enclave is low-density and quiet, tucked off the main Farrer Road / Holland Road stretch, yet close enough that you can walk to Holland Village in around 10–12 minutes if you are a brisk walker familiar with the back routes via Chip Bee and Holland Avenue.
According to 2025–2026 market data on Homejourney’s project page for Allamanda Grove, recent landed terrace transactions in this pocket of D10 commonly fall in the $1,900–$2,400 psf (land) range, with total quantum for typical Allamanda Grove terraces estimated around $5.5M–$7.5M, depending on land size, built-up, and renovation condition.[1] Exact prices will vary by unit; always confirm the latest figures on the Allamanda Grove project analysis page Projects Directory and URA Realis.[1]
Common buyer profiles here include:
- Upgraders moving from central condos to a bigger landed home, often with children in nearby schools.
- Investors seeking a freehold D10 landed home with long-term capital preservation and prestige appeal.
- Expat families who want landed space but also quick access to Holland Village, Dempsey, and Orchard.
Typical Allamanda Grove Price & Loan Scenarios (2026)
Based on 2026 D10 landed trends and URA caveats in the Allamanda Grove vicinity, Homejourney’s research suggests the following illustrative purchase price brackets for buyers planning their financing:[1][8]
- Smaller terraced units (land area ~1,700–1,900 sqft): indicative range around $5.5M–$6.3M.
- Larger terraces / corner units (land area ~2,000–2,400+ sqft): indicative range around $6.5M–$7.5M+.
Disclaimer: These are broad estimates based on area-wide D10 landed data and Homejourney project analysis as of 2026.[1] They are not offers and should not be taken as formal valuations or financial advice. Always verify latest prices and consult a licensed banker or financial adviser.
To see current asking prices for specific units, use Homejourney’s live search:
- View all units for sale at Allamanda Grove – Property Search
- See detailed price trends and transaction history – Projects Directory (Allamanda Grove project page)
How Much Can You Borrow for an Allamanda Grove Purchase?
In Singapore, the main constraints on your Allamanda Grove home loan are the Loan-to-Value (LTV) limit and the Total Debt Servicing Ratio (TDSR), regulated by MAS.
Key Rules to Know (Private / Landed Property)
- Maximum LTV up to 75% for a bank loan on your first housing loan, assuming a loan tenure ≤ 30 years and borrower’s age + tenure ≤ 65.Business Times Property
- Further reduced LTV (45% or 35%) if this is your second or subsequent housing loan.Business Times Property
- TDSR cap at 55% of gross monthly income for all private property loans combined (MAS requirement).Business Times Property
For an indicative Allamanda Grove purchase of $6.0M as your first property:
- Maximum loan (75%): about $4.5M.
- Minimum down payment (25%): about $1.5M.
- At least 5% of the price (i.e., $300,000) must be in cash; the remaining 20% can be paid using cash and/or CPF Ordinary Account (OA) funds, subject to CPF rules.
Use the Homejourney mortgage calculator to refine these numbers to your profile:
- Check your buying power with our mortgage calculator – Bank Rates
Estimated Monthly Repayments for Allamanda Grove
Monthly repayments will depend on the loan amount, tenure, and interest rate. To keep scenarios practical, we assume:
- Bank loan interest: 3.3% p.a. (typical fixed/floating range in early 2026 – always check the latest via Homejourney’s bank rate page Bank Rates ).
- Tenure: 25 years.
Scenario A – $5.5M Purchase (Smaller Terrace)
- Assumed purchase price: $5.5M.
- Loan (75%): $4.125M.
- Estimated monthly repayment over 25 years at 3.3%: roughly $20,100–$20,800.
Scenario B – $6.8M Purchase (Larger / Corner Unit)
- Assumed purchase price: $6.8M.
- Loan (75%): $5.1M.
- Estimated monthly repayment over 25 years at 3.3%: roughly $24,800–$25,700.
Note: Figures are approximations meant for initial budgeting and should not replace a formal loan illustration from a bank. Always verify current rates and packages on Homejourney’s Bank Rates page or with a licensed banker.
Down Payment, Cash, CPF & Buyer Profiles
For an Allamanda Grove landed purchase, your minimum down payment structure for a bank loan typically looks like this (if it is your first housing loan):
- 5% in cash (mandatory).
- 20% in cash and/or CPF OA.
- 75% via bank loan (if you qualify under LTV limits).
If you already have one outstanding housing loan, your down payment percentage will increase and your maximum LTV will drop. This is where many D10 buyers, especially investors holding another condo, need tailored calculations.
For an indicative $6.0M purchase as your first property:
- 5% cash: $300,000.
- 20% cash/CPF: $1.2M.
- Loan: $4.5M.
Most buyers in District 10 combine:
- CPF OA balances from both spouses.
- Proceeds from sale of a previous HDB/condo.
- Cash savings or vested investment portfolios.
Do remember that CPF also has withdrawal limits and valuation limits for private property, so you may not be able to fund everything with CPF. It is important to check your usable CPF amounts via the CPF Board portal and run a scenario using Homejourney’s calculators before committing.
ABSD Considerations for Allamanda Grove Buyers
The Additional Buyer’s Stamp Duty (ABSD) As a broad guide (subject to change by the government; always verify with IRAS): For a $6.0M Allamanda Grove purchase, even a 20% ABSD would mean $1.2M of ABSD alone, payable in cash/CPF. This is why many investors restructure their portfolio – for instance, selling an earlier investment condo – before buying into a D10 landed property. Because ABSD rules and rates change periodically, always refer to IRAS directly or consult your conveyancing lawyer. Homejourney strongly encourages buyers to confirm stamp duty obligations before issuing any Option to Purchase. Buying an Allamanda Grove unit typically follows a similar sequence to other Singapore private properties, but the stakes are higher due to the larger quantum. Homejourney recommends this step-by-step process: While Allamanda Grove is primarily an owner-occupier, family-oriented address, many investors still consider it for long-term wealth preservation and legacy planning. Freehold D10 landed homes have historically shown resilient performance, especially in land-scarce central regions.[1][8] Gross rental yields for D10 landed terraces near Holland typically sit in the 2–3% range, depending on condition, furnishing, and lease terms. Landed yields may be slightly lower than mass-market condos but tend to appeal to high-income tenants such as expat families who prioritise space, proximity to international schools, and a residential feel. If you are planning to rent out your Allamanda Grove home, factor in: For a deeper framework on rental yields, you can refer to our broader investment guide for similar residential assets, such as Forest Hills Condominium Rental Yield & Investment Guide Forest Hills Condominium Rental Yield & Investment Guide | Homejourney . While the asset class differs, the yield evaluation principles still apply. Freehold landed homes in District 10 have historically benefitted from: Allamanda Grove sits near the Holland Village and Farrer Road area, which has seen rejuvenation via integrated developments and ongoing gentrification. Over a 10–15 year horizon, many buyers treat an Allamanda Grove purchase as a generational asset rather than a short-term flip, prioritising stability over speculative gains.
Buyer Journey: From Viewing to Keys at Allamanda Grove
Check your income, TDSR, CPF, and cash reserves. Use Homejourney’s mortgage tools Bank Rates and, if needed, speak with a banker for an In-Principle Approval (IPA).
Review price trends, past transactions, and typical sizes via the Allamanda Grove project analysis page Projects Directory and our dedicated pricing guide Allamanda Grove Price Trends & Market Analysis | Homejourney .
Use Homejourney search to view all units for sale at Allamanda Grove Property Search , then schedule a viewing with a property agent . Insist on seeing relevant URA floor plans and past renovation details.
Engage a lawyer early to review the title, easements, and caveats. For landed homes, many local buyers also bring a contractor or inspector to check for roofing, drainage, and structural issues before issuing an Option to Purchase.
Typically pay 1% OTP fee in cash, then another 4% upon exercise (exact terms can vary). Your lawyer will handle the exercise, coordinate loan documentation, and arrange payment timelines.
Standard completion is usually around 10–12 weeks from OTP, though it may differ for tenanted units or sale-with-vacant-possession. Plan for post-completion works like air-con servicing Aircon Services , repainting, and minor renovations before moving in.
Investment Potential: Rental & Capital Growth at Allamanda Grove
Rental Yield Considerations
Capital Appreciation Outlook
Location & Everyday Convenience: Insider Perspective
References
