Illustrative imageTwo MAS rules decide the size of the loan on a home at Chencharu Central Residences: the loan-to-value (LTV) limit, which caps the loan against the price, and the Total Debt Servicing Ratio (TDSR), which caps all monthly debt repayments against income. The figures below were in force on 11 October 2026.
Chencharu Central Residences Loan-to-Value Limits
The limit depends on how many housing loans the borrower already has. Each tier has a standard limit, a lower limit 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 11 October 2026. Limits can change; confirm with MAS or your bank before signing.
When the Lower Band Applies at Chencharu Central Residences
A loan moves to the lower band if either of these is true:
- the tenure is longer than 30 years; or
- the loan would run past the borrower’s 65th birthday, using the income-weighted average age where two people borrow together.
So a 30-year-old taking a 35-year loan finishes at 65 but exceeds 30 years of tenure, and the lower band applies; a 45-year-old taking a 25-year loan stays within 30 years but finishes at 70, and it applies too. Loans on private property run for up to 35 years.
The TDSR Test for Chencharu Central Residences 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 rather than the bank’s offered rate, so that the borrower can absorb a rise in interest rates.
| 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 and rental income | Counted at 70%, after a 30% haircut |
| Longest tenure, private property | 35 years |
| Joint borrowers | Income-weighted average age |
Source: MAS, checked 11 October 2026. Limits can change; confirm with MAS or your bank before signing.
Fixed salary counts in full. Minimum credit card payments, car loans and other property loans are deducted first, and what remains is turned into a loan amount. The Chencharu Central Residences TDSR calculator applies these rules for one or two borrowers.
In-Principle Approval for a Chencharu Central Residences Purchase
Many buyers obtain a bank’s in-principle approval before the preview. It states the amount the bank is prepared to lend on the details given, subject to final approval and a valuation, and gives a firm figure for planning the stamp duty, the booking fee and the cash share. Each bank sets its own terms and validity period.
Once the buyer’s own share is paid, the loan is drawn stage by stage under the payment scheme, and the progressive payment calculator shows the split at each stage.
Register for the Chencharu Central Residences Preview
Registration places you on the preview list for Chencharu Central Residences. The Sales Concierge sends each release as the developer issues it and arranges a private viewing when the showflat opens.
What registrants receive first
- The e-brochure and the full project details on release.
- The floor plans and the site plan of the residential blocks and podium.
- The price list and the balance units chart by block and level.
- An invitation to a private showflat appointment when the sales gallery opens.
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.