Two MAS rules decide how much a bank can lend for a home at Faber Residence: the loan-to-value (LTV) limit, which caps the loan against the price, and the Total Debt Servicing Ratio (TDSR), which caps total monthly debt repayments against income. The figures below are those in force on 6 October 2026.
Faber Residence Loan-to-Value Limits
The limit depends on how many housing loans the borrower already has. Each level has a standard and a lower figure, and a minimum share of the price that must be paid in cash.
| Outstanding housing loans | Standard LTV | Lower LTV | Minimum cash |
|---|---|---|---|
| None | 75% | 55% | 5% (10% in the lower band) |
| One | 45% | 25% | 25% |
| Two or more | 35% | 15% | 25% |
Source: MAS, checked 6 October 2026. Limits can change; check with MAS and your bank before you sign.
The Lower Band for a Faber Residence Loan
A loan moves into the lower band if either test is met:
- the tenure is longer than 30 years; or
- the loan would run beyond the borrower’s 65th birthday, using the income-weighted average age for joint borrowers.
For example, a 32-year-old on a 33-year loan finishes at 65 but exceeds 30 years, so the lower band applies; a 42-year-old on a 25-year loan stays within 30 years but runs to 67, so it applies again. Keeping inside both limits keeps the standard figure. Private property loans run to a maximum of 35 years.
The TDSR Test for Faber Residence Buyers
All monthly debt repayments, the new loan included, must stay within 55% of gross monthly income. The new loan is tested at a medium-term rate, not the bank’s offer, which builds in room for rates to rise.
| Rule | As at October 2026 |
|---|---|
| TDSR limit | 55% of gross monthly income |
| Interest rate used for the test | 4%, or the loan’s own rate if higher |
| Variable income (bonus, commission) and rental income | Counted at 70% after a 30% haircut |
| Longest tenure for private property | 35 years |
| Joint borrowers | Income-weighted average age |
Source: MAS, checked 6 October 2026. Limits can change; check with MAS and your bank before you sign.
Fixed salary counts in full. Credit card minimums, car loans and other property loans are deducted before the remaining capacity is turned into a loan figure. The TDSR calculator applies all of this, for one borrower or two.
In-Principle Approval Before Booking at Faber Residence
Many buyers ask a bank for an in-principle approval (IPA) before booking. An IPA states how much the bank is prepared to lend on the details given, subject to its final approval and valuation, and gives a firm number around which to plan the stamp duty, the booking fee and the cash share. Each bank sets its own terms and validity.
Once the buyer’s own share is paid, the loan is released stage by stage under the payment scheme. The progressive payment calculator shows the split between own funds and loan at each stage.
Register Your Interest in Faber Residence
The Sales Concierge sends the e-brochure, the full set of floor plans and the current price list for Faber Residence, and arranges a private viewing of the three show units at a time that suits you.
What the Sales Concierge sends
- The Faber Residence e-brochure and the full project details.
- All 23 floor plan types, from the 646 sq ft 2-bedroom to the 1,485 sq ft 5-bedroom.
- The current price list and the balance units chart by block and stack.
- A private showflat appointment and the site plan with all 18 courtyards.
Register Your Interest
No obligation. The Sales Concierge responds personally to every enquiry.
To talk it through instead, call +65 6200 6220 or send a WhatsApp message to the same number.