Floating line of credit secured against property - available in Singapore? - Seedly
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Kelly Trinh

Asked on 23 Nov 2019

Floating line of credit secured against property - available in Singapore?

Product that I have seen elsewhere but not sure available here - if I have a paid up property, it is possible to pledge as collateral against a revolving line of credit (for own discretionary use).

Looking for something which doesn't have any fees unless I use it (and then of course paying the interest cost)

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Cedric Jamie Soh
Cedric Jamie Soh, Director at Seniorcare.com.sg
Level 9. God of Wisdom
Answered on 23 Nov 2019

Yes, it should be available if my memory serves me correct, you can speak to a banker or just email some of the local banks.

(not available for HDB or properties that you used CPF to paid)

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Kelly Trinh
Kelly Trinh

23 Nov 2019

Any reason not HDB?