ICBC(Thai) Foreigner Housing Loan2016
Loan Currency | SGD |
Eligible Customer | Non-resident customers Age between 21 – 65 years and not exceeding 65 years at the end of the loan tenor With stable income and good credit No requirement for work permit |
Property Type | Condominium which is completed and located in Bangkok abd its vicinity, Pattaya, Phuket, chiangmai and Hua-Hin. |
Interest Rate | 1st year: 5.25% 2nd year: 5.75% 3rd year and onwards: SIBOR+6.0% |
Loan Tenor | 3-10 years, allowing for prepayment after 3 years with penalty. |
Loan Quantum | Normally 50% purchase price or valuation price (whichever is lower), minimum amount is 1 million baht. |