Every bank financing a home at Pinery Residences applies the same MAS rules: one ties the loan to income, one to the price, and the tenure decides which price limit applies.
Total Debt Servicing Ratio for Pinery Residences
The total debt servicing ratio, or TDSR, limits all monthly debt repayments to 55% of gross monthly income. Car loans, other property loans, personal loans and credit card balances all count towards that 55%.
For private property the loan is assessed at a medium-term interest rate of at least 4% a year, or the market rate if higher. This keeps a margin in the loan size should rates rise.
| Rule | Applies to | Limit |
|---|---|---|
| TDSR | All monthly debt repayments | 55% of gross monthly income |
| Interest rate floor | The rate used to assess the loan | 4% a year for private property |
| Loan-to-value, first loan | The loan as a share of the price | 75%, or 55% on a longer tenure |
Source: MAS residential property loan rules (TDSR, the 4% medium-term interest rate floor for private property, LTV limits and the minimum cash downpayment); checked 13 November 2026. Banks apply their own credit assessment within these limits.
Loan-to-Value Limits for Pinery Residences
Loan-to-value (LTV) sets the most a bank may lend against the price. It is 75% for a borrower with no outstanding home loan, 45% with one and 35% with two or more.
Where the tenure exceeds 30 years or extends beyond age 65, those limits fall to 55%, 25% and 15%. The minimum cash downpayment is 5% in the 75% band, 10% in the 55% band and 25% for any second or later loan.
| Home loans outstanding | LTV limit | Minimum cash | If tenure exceeds 30 years or age 65 |
|---|---|---|---|
| None | 75% | 5% | 55%, with 10% cash |
| One | 45% | 25% | 25%, with 25% cash |
| Two or more | 35% | 25% | 15%, with 25% cash |
Source: MAS residential property loan rules (TDSR, the 4% medium-term interest rate floor for private property, LTV limits and the minimum cash downpayment); checked 13 November 2026. Banks apply their own credit assessment within these limits.
Pinery Residences LTV Limits on an Illustrative Price
On an illustrative S$2,000,000, a round figure that is not a Pinery Residences price, each limit gives the following maximum loan. The balance comes from cash and CPF, subject to the cash minimum.
| LTV limit | Maximum loan | Minimum cash |
|---|---|---|
| 75% | S$1,500,000 | S$100,000 |
| 55% | S$1,100,000 | S$200,000 |
| 45% | S$900,000 | S$500,000 |
| 35% | S$700,000 | S$500,000 |
| 25% | S$500,000 | S$500,000 |
| 15% | S$300,000 | S$500,000 |
Illustration on S$2,000,000. MAS residential property loan rules (TDSR, the 4% medium-term interest rate floor for private property, LTV limits and the minimum cash downpayment); checked 13 November 2026. Banks apply their own credit assessment within these limits.
The smaller loan applies.
Banks compare the TDSR result with the LTV limit and lend the lower amount.
For a household with few other debts, the LTV limit usually sets the loan on a first purchase. Where existing commitments already use much of the 55%, the TDSR sets it instead.
Drawing the Pinery Residences Loan During Construction
For a home bought before completion, the loan is drawn in stages that follow the progressive payment scheme and is fully drawn only at the Certificate of Statutory Completion. The payment scheme page lists each stage.
The TDSR calculator tests a loan against income and the LTV limit together, and the stamp duty calculator adds the duties.
Register for Pinery Residences
Pinery Residences is open for sale. Register with the Sales Concierge to receive the price list, the e-brochure and the current unit availability, and to arrange a showflat viewing at a time that suits you.
What the Sales Concierge sends you
- The current price list and the units open for selection on the balance units chart.
- The e-brochure and the floor plans for the home types you are weighing.
- A showflat appointment on a day and time of your choosing.
- Your first loan estimate from the TDSR calculator, set beside the stamp duty on your purchase.
Enquire About Pinery Residences
Every enquiry receives a personal reply from the Sales Concierge.
Prefer to talk? Call or WhatsApp the Sales Concierge on 6200 6220.