Oct 24 2025, 12:33 AM
QUOTE(DoomCognition @ Oct 23 2025, 06:43 PM)
Hi sifus,
Would like to know what is the normal LTV offered to residential land? Will it differ for subsale and auction purchases?
Also, I asked about construction loan, seems like not all banks are offering this now?
For CIMB it’s 70% loan - I got this in 2021, not sure now. CIMB also provides construction loan. Land & construction can be combined as residential loan. Would like to know what is the normal LTV offered to residential land? Will it differ for subsale and auction purchases?
Also, I asked about construction loan, seems like not all banks are offering this now?
You can try Maybank but back then in 2021 was 60% LTV with 20 years duration.
Auction I believe is still 70% LTV. Subsales u can negotiate to mark-up your SPA based on market price, so u pay lesser downpayment.
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