Non-landed Housing Development Home Loan and Financing Guide
Securing a home loan for Non-landed Housing Development in Lorong 15 Geylang, District 14, requires understanding Singapore's LTV limits, TDSR rules, and ABSD rates. This guide provides actionable steps for first-time buyers, investors, and expats to finance Singapore condo for sale units confidently through Homejourney's trusted platform.[1][5]
As a cluster article supporting our pillar on D14 properties financing, it focuses on tailored advice for Geylang and Paya Lebar condos. Homejourney verifies all data for user safety, helping you buy condo units with transparency.
Property Overview: Non-landed Housing Development
Non-landed Housing Development at Lorong 15 Geylang offers modern non-landed residences in vibrant D14. Buyers appreciate its proximity to Paya Lebar MRT and strong rental demand from professionals. Current market values position it as a solid property investment with units appreciating steadily.[1]
The developer is known for quality builds, emphasizing resident safety and amenities. Homejourney lists available units verified for accuracy. View all units for sale at Non-landed Housing Development via Homejourney's property search.
Available Units for Sale
Typical units include 1-4 bedroom layouts, studios, and penthouses, ranging from 500-2,000 sq ft. In 2026, expect prices at S$1,800-$2,500 psf, or S$1.2M-$3.5M absolute, based on recent URA data trends. Most popular are 2-3BR units for families and investors.
- 1BR/Studio: S$1.2M-$1.6M (ideal for singles/expats)
- 2BR: S$1.8M-$2.4M (high demand)
- 3-4BR/Penthouses: S$2.5M-$3.5M (upgraders)
Disclaimer: Prices are estimates; check real-time listings on Homejourney. Browse Non-landed Housing Development for sale on Homejourney search or see detailed analysis at project page.
Why Buy at Non-landed Housing Development
Key selling points include resort-style facilities, 24/7 security, and low-maintenance living—perfect for busy professionals. Lifestyle perks: Easy access to Geylang's food scene and Paya Lebar's commercial hub. Investment shines with 3-4% rental yields.
Unique features like sky gardens and EV charging set it apart. Read our Non-Landed Housing Development Unit Types & Size Guide: D14 Buyers | Homejourney ">unit types guide for layouts.
Price Analysis for Buyers
2026 psf averages S$2,100, up 5% YoY per URA trends. Compared to nearby D14 condos, it's 10% more affordable yet appreciates faster. Historical data shows 25% growth since 2020.
Value assessment: Strong buy for property investment due to location uplift. Explore trends in our Non-landed Housing Development Price Trends 2026 | Homejourney ">price trends article.
Location Advantages in D14
Just 8-min walk to Paya Lebar MRT (Exit A). Nearby schools: Geylang Methodist (1km), Broadrick Secondary (800m). Amenities: NEX Mall (10-min walk), Geylang eateries. Parks like Geylang Park Connector offer recreation.
D14's growth from Paya Lebar Airbase redevelopment boosts values. Full guide: Non-landed Housing Development District 14: Complete Buyer's Guide | Homejourney ">D14 Buyer's Guide.
Financing Guide for Non-landed Housing Development
Singapore citizens enjoy up to 75% LTV (25% downpayment, CPF usable). Expats: 75% LTV max, but 60% ABSD; cash downpayment minimum 25%.[1][3] TDSR caps repayments at 55% of income; MSR 30% for first homes.[2][5]
Estimated Monthly Payments (3.5% rate, 25-yr tenure):
- 1BR S$1.4M loan: ~S$7,000/month
- 2BR S$2M loan: ~S$10,000/month
- 3BR S$2.8M loan: ~S$14,000/month
ABSD: 0% first-timer citizens, 20% second property, 60% foreigners.[1][2] Use CPF for downpayment/service charges. Calculate via Homejourney mortgage rates.
Actionable Financing Steps
- Get In-Principle Approval (IPA) from banks—processed in days.[1]
- Assess TDSR with stable income proof (payslips, CPF statements).
- Factor age: Loans up to age 65.[1]
- Expats: Open SG bank account, build credit.
- Lock rates amid 2026 softer trends.[6]
Self-employed: Expect 30% income haircut.[1] Homejourney prioritizes your safety with verified bank rates.
Buying Process
1. Search available units on Homejourney. 2. Secure IPA. 3. Option to Purchase (1% fee). 4. Pay downpayment (5-25%). 5. Legal completion (8-12 weeks). Documents: NRIC, income proof, CPF statements.
Seek agents via Homejourney agents for verified support. Post-purchase, check Aircon Services ">aircon services.
Investment Potential
Rental yields: 3.5-4.5% (S$4-7 psf). Strong tenant demand from Paya Lebar offices. Appreciation outlook: 6-8% annually with infrastructure boosts. Future: Nearby mixed developments enhance values.
Frequently Asked Questions
What is the downpayment for Non-landed Housing Development?
S$1.4M unit: 25% (S$350K, CPF/cash mix for citizens).[1]
ABSD for foreigners buying in Geylang?
60% on purchase price; exemptions rare.[1][2]
Best loan tenure for D14 condos?
25-30 years, not exceeding age 65.[3]
Can expats use CPF for loans?
No, full cash downpayment required.[1]
How to check current listings?
Use Homejourney search for verified Non-landed Housing Development for sale.
Ready to finance your Non-landed Housing Development home loan? Start with our calculator, browse listings, or contact agents. Homejourney ensures safe, transparent journeys—link back to our pillar for full D14 insights.
