Every bank financing a home at North Park Central 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 North Park Central
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 11 November 2026. Banks apply their own credit assessment within these limits.
North Park Central Loan-to-Value Limits
The loan-to-value limit, or LTV, caps the loan as a share of 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 11 November 2026. Banks apply their own credit assessment within these limits.
North Park Central LTV Limits on an Illustrative Price
On an illustrative S$2,000,000, a round figure that is not a North Park Central 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 11 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 a North Park Central 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 North Park Central
North Park Central brings about 110 new homes to the heart of Yishun. Registrants receive each release from the developer as it is issued, together with the preview schedule and first choice of showflat appointments.
Released to registrants first
- Preview dates, with a showflat appointment held for you once viewings open.
- The e-brochure, the floor plans and the price list, each on its release day.
- A loan estimate from the TDSR calculator, set beside the stamp duty for your buyer profile.
- Clear answers on home financing and the progressive payment stages.
Register for North Park Central
Every registration receives a personal reply from the Sales Concierge.
Prefer to talk? Call or WhatsApp the Sales Concierge on +65 6200 6220.