Harmony @ 1a Home Loan and Financing Guide

Securing a home loan for Harmony @ 1a on Lim Ah Pin Road requires understanding Singapore's current rates, ABSD rules, and CPF options to ensure affordability. This guide provides actionable steps for buyers eyeing this freehold D19 condo, helping you calculate payments and maximize financing safely through Homejourney's verified tools.

Homejourney prioritizes your safety by verifying lender rates and offering transparent calculators, connecting this cluster to our pillar on Singapore condo financing strategies. Focus here on Harmony @ 1a Home Loan and Financing Guide specifics for Serangoon-Hougang buyers.

Harmony @ 1a Overview for Buyers

Harmony @ 1a is a boutique freehold condo completed in 2007 at 1A Lim Ah Pin Road, District 19, with just 12 units across 1-3 bedroom layouts (484-1,238 sqft).[3] Developed by V Chandra Seharan, it offers low-density living with a pool, playground, garden, and 24-hour security in a green, family-friendly area near Kovan and Hougang MRTs.[3]

Ideal for first-timers, upgraders, or investors seeking Singapore condo for sale in Serangoon, units appeal due to rarity and proximity to schools and amenities. Recent rentals indicate strong demand: 1-bed at $2,500-$2,800 (400-600 sqft, $4.67-$6.25 psf), 3-bed at $3,700-$4,200 (1,200-1,300 sqft).[1] View all units for sale at Harmony @ 1a on Homejourney.

Current Home Loan Rates for Harmony @ 1a Buyers (2026)

In January 2026, Singapore's lowest fixed rates start at 1.35% for loans over $500k (2-year lock-in), with floating at 1M SORA + 0.25% (~1.36%).[4] Banks like DBS, OCBC, UOB offer packages with $2,000-$2,800 rebates for refinancing, but new buyers get competitive first-year rates from 1.35%-1.78%.[4]

For a typical Harmony @ 1a for sale unit (e.g., 2-bed ~900 sqft at ~$1,500 psf or $1.35M total, per D19 benchmarks[7]), expect monthly payments of $5,500-$6,500 at 1.5% over 25 years (80% LTV).[4] Use Homejourney's mortgage calculator for precise quotes—our platform verifies rates daily for trust and accuracy.

Financing Breakdown: Down Payments and CPF Usage

Singapore buyers need 25% down payment for second property (75% LTV), reducible to 5-10% for first-timers via bank loans.[4] At Harmony @ 1a, for a $1.35M unit:

First-time: 5% ($67.5k) cash/CPF + 5% ($67.5k) in 12 months.
Second property: 25% ($337.5k) upfront.

CPF Ordinary Account funds cover up to LTV limits; use up to 100% for first homes, with accrued interest. ABSD applies: 0% for first-timers (Sing citizens), 17% for second homes, 60% for foreigners on condos.[3] Homejourney's tools factor ABSD automatically—safer than manual calcs.

Estimated Monthly Payments for Available Units

Available units at Harmony @ 1a are rare; check Homejourney for live listings (1-3 beds, ~$1.2M-$1.8M range based on D19 freeholds).[2][3] Sample payments at 1.5% fixed (25 years, 80% LTV):

Unit Type	Size (sqft)	Price (~$1,500 psf)	Loan ($1.08M)	Monthly (~)
1-Bed	500-700	$750k-$1.05M	$600k-$840k	$2,900-$4,000
2-Bed	893-969	$1.34M-$1.45M	$1.07M-$1.16M	$5,200-$5,600
3-Bed	1,227-1,238	$1.84M-$1.86M	$1.47M-$1.49M	$7,100-$7,200

*Estimates; actuals vary by credit/profile. Disclaimers: Rates fluctuate; consult banks. Link to detailed Harmony @ 1a project analysis for transactions.

Step-by-Step Buying Process with Financing

Assess Affordability: Use Homejourney mortgage rates tool; aim for payments <30% income.
Search Units: Browse Harmony @ 1a listings.
Apply Loan: Submit IPA with bank (2-month process); lock rate early.
Exercise Option: Pay 1-5% option fee; secure with HDB/URA approval if needed.
Complete: 8-12 weeks; use CPF for stamps. Total costs: 4-5% extras.

Timeline: 2-3 months. Homejourney verifies agents via schedule a viewing.

Location Boosts Investment Value

In D19 (Serangoon/Hougang), Harmony @ 1a is 520m (7-min walk) to Kovan MRT (NEL), 1km to Hougang MRT, near Serangoon MRT (2.2km).[3] Schools: CHIJ Our Lady of Good Counsel (1km primary), Holy Innocents' High (1.5km). Amenities: Heartland Mall, Kovan Market, Chomp Chomp hawker (10-min drive).[3]

Investment edge: Freehold rarity yields 3-4% rentals ($4-5 psf).[1] Appreciation strong in D19; check price trends. Read our Harmony @ 1a Price Trends for data.

Why Finance Harmony @ 1a Now?

Low-density (12 units) ensures privacy; freehold tenure preserves value amid D19 growth (future Kallang-Paya Lebar upgrades).[3] Strong tenant demand from expats/families near amenities. With rates at historic lows (1.35%), 2026 is prime for buy condo here—limited available units move fast.