Boathouse Residences Home Loan and Financing Guide | Homejourney

The Boathouse Residences Home Loan and Financing Guide helps Singapore buyers secure optimal financing for units at this prime D19 condominium at Upper Serangoon View. Homejourney prioritizes your safety with verified data and transparent tools to ensure confident decisions.

Boathouse Residences Overview: Prime D19 Investment

Boathouse Residences is a 99-year leasehold condominium completed in 2015, developed by Easthouse Properties Pte Ltd—a joint venture of Far East Organization, Frasers Centrepoint Homes, and Sekisui House. Located at Upper Serangoon View in District 19 (Serangoon/Hougang), it features 493 units across 7 blocks and up to 18 floors.[1][5]

This modern development offers full facilities including a swimming pool, gym, jogging track, jacuzzi, wading pool, playground, putting green, and 24-hour security—ideal for families and investors. As a peaceful, gated community with basement parking, it's perfect for those seeking convenience in the Outside Central Region (OCR).[1][2]

Recent resale prices range from S$751,000 for smaller units to S$1.98M for larger ones, with PSF between S$918–S$1,626. For detailed listings, view all units for sale at Boathouse Residences on Homejourney.[1][2]

Available Units for Sale and Price Insights

Popular unit types include 1-bedroom (624–689 sqft), 2-bedroom (710–893 sqft), 3-bedroom (915–1,238 sqft), and 4-bedroom (1,378–1,862 sqft) layouts.[1] Current resale prices average S$1,200–S$1,400 PSF, with 77 transactions in the last 3 years (latest in Jul 2025).[2]

1-Bedroom (624 sqft): ~S$751,000–S$800,000 (S$1,203–S$1,218 PSF)
2-Bedroom (710–893 sqft): ~S$813,000–S$1,102,000 (S$1,084–S$1,240 PSF)
3-Bedroom (915–1,238 sqft): ~S$1,089,000–S$1,387,000 (S$1,120–S$1,191 PSF)
4-Bedroom (1,378–1,862 sqft): ~S$1,710,000–S$1,785,000 (S$918–S$1,219 PSF)

Disclaimer: Prices are estimates based on recent URA data trends; actual prices vary. Verify on Homejourney. For trends, see detailed project analysis.[2]

Financing Your Boathouse Residences Purchase: Step-by-Step Guide

Homejourney's Boathouse Residences Home Loan and Financing Guide breaks down options for first-time buyers, upgraders, and investors. Use CPF Ordinary Account (OA) for down payments and monthly installments, subject to limits.

Down Payment and Loan-to-Value (LTV) Limits

For bank loans, LTV is 75% for first-time buyers (25% down payment) or 45% for second properties (55% down payment). At least 5% must be cash; the rest can be CPF.[1]

First-time buyer (1BR, S$800,000): 25% down = S$200,000 (S$40,000 cash + S$160,000 CPF)
Investor (3BR, S$1.3M): 55% down = S$715,000 (S$65,000 cash + CPF)

Check your eligibility with Homejourney's mortgage calculator.

ABSD Considerations for Different Buyers

Additional Buyer's Stamp Duty (ABSD) applies:

Singapore citizens (first property): 0%
Second property: 20%
Permanent Residents (first): 5%; second: 30%
Foreigners: 60% (or 30% with LTV <10%)

Example: S$1M unit for PR second home adds S$300,000 ABSD. Homejourney verifies profiles for safe transactions.

Monthly Repayment Estimates (2026 Rates)

Assuming 3.5% interest (25-year tenure):

1BR (S$600,000 loan): ~S$3,000/month
2BR (S$900,000 loan): ~S$4,500/month
3BR (S$1M loan): ~S$5,000/month
4BR (S$1.4M loan): ~S$7,000/month

Total Debt Servicing Ratio (TDSR) caps at 55% of income. Use Bank Rates for latest rates.

Location Advantages Boosting Investment Value

Steps to Buangkok or Hougang MRT (NEL): 10–15 mins walk or short bus ride. KPE/CTE access city centre in 15 mins.[3] Nearby: Hougang Mall, Serangoon Garden Village, Hougang Sports Centre, Serangoon Park Connector for jogging.

Schools: Rosyth School (primary, 1km), Zhonghua Secondary (1.5km). Parks and eateries abound, enhancing rental appeal.[1][3]

For unit sizes, see Boathouse Residences Unit Types & Size Guide. Price trends: Boathouse Residences Price Trends 2026.

Investment Potential and Rental Yields

D19's growth supports 3–4% yields (S$1,900–S$2,800/month rentals).[1] Historical appreciation: Steady resale PSF rise per 77 transactions.[2] Strong tenant demand from families near schools/MRT.

Future upside from Punggol/Hougang developments. Compare with Coastline Residences Investment.

Step-by-Step Buying Process at Boathouse Residences

Search & Shortlist: Browse on Homejourney property search.
Financing Pre-approval: Use mortgage rates tool.
Viewing: Schedule with agent.
Offer & Option Fee: 1% of price (14 days).
Sale & Purchase Agreement: 4% fee, pay stamp duties.
Completion: 8–12 weeks; lawyer handles.

Homejourney verifies agents for trust. Post-purchase, explore aircon services.

FAQ: Boathouse Residences Financing Questions

Q: What is the typical home loan tenure for Boathouse Residences?
A: Up to 30 years or age 65, capped by TDSR. Use Homejourney calculator for personalization.

Q: Can foreigners buy Boathouse Residences?
A: Yes, with 60% ABSD and LTV restrictions. Homejourney guides expats safely.

Q: How much CPF can I use for down payment?
A: Up to 95% after 5% cash minimum, from OA funds.

Q: Are there grants for Boathouse Residences buyers?
A: No Proximity Housing Grant (PHG) as private condo; check ABSD remission for eligible.

Q: What's the maintenance fee at Boathouse Residences?
A: ~S$350–S$600/month based on size; confirm with MCST.