A bank loan for a Draycott 8 residence is capped twice over by MAS: once by the loan-to-value (LTV) ceiling on the price, and once by the Total Debt Servicing Ratio (TDSR) on income. The figures below were read from MAS on 8 November 2026.
Draycott 8 Loan-to-Value Limits
MAS sets three tiers by the number of housing loans a buyer is already servicing; for each there is a standard ceiling, a reduced ceiling and a share of the price that has to come from cash.
| Housing loans already outstanding | Standard LTV | Lower LTV | Minimum cash |
|---|---|---|---|
| None | 75% | 55% | 5% (10% at the lower limit) |
| One | 45% | 25% | 25% |
| Two or more | 35% | 15% | 25% |
Source: Read on the MAS website, 8 November 2026; your bank confirms the limits that apply to you.
When the Lower LTV Limit Applies to a Draycott 8 Loan
The reduced ceiling takes over in two situations:
- a loan set for more than 30 years; or
- a loan still running after the borrower turns 65 (two borrowers are judged on their income-weighted average age).
A borrower of 40 on a 30-year loan, say, would be 70 at the end, which brings in the reduced ceiling despite the 30-year term. Private-property loans may last as long as 35 years.
Beyond 30 years or age 65.
Ceilings drop to 55, 25 or 15 per cent, and a first loan then needs 10 per cent in cash.
The TDSR Test on a Draycott 8 Purchase
Under TDSR, every monthly debt repayment, the new mortgage among them, has to fit within 55% of gross monthly income, and the mortgage is tested at a medium-term rate instead of the bank’s quoted rate, as a buffer against rising rates.
| Rule | As at November 2026 |
|---|---|
| TDSR limit | 55% of gross monthly income |
| Rate used for the test | The higher of 4% or the loan’s rate after any lock-in |
| Variable and rental income | Counted at 70% |
| Longest tenure, private property | 35 years |
| Two borrowers | Income-weighted average age |
Source: Read on the MAS website, 8 November 2026; your bank confirms the limits that apply to you.
Salary is counted whole and bonuses or rent at 70%. Existing commitments such as a car loan, another mortgage or the minimum on a credit card are deducted before the remainder is turned into a loan. The Draycott 8 TDSR calculator applies these rules for one or two borrowers.
CPF Savings and the Draycott 8 Lease
Draycott 8 stands on a 99-year lease from 1997, so about 70 years of the lease remain in 2026. Where the remaining lease would carry the youngest buyer to age 95, CPF savings can be used to the normal limits; where it falls short, CPF Board pro-rates the amount, so long as at least 20 years of lease are left.
With about 70 years left, the lease reaches age 95 for a youngest buyer of about 26 or older. For a younger buyer, CPF use is pro-rated by CPF Board’s formula. Within CPF Board’s limits, the savings can pay the down payment beyond the cash minimum, the stamp duty and the monthly instalments.
About 70 years.
Enough to cover a youngest buyer of about 26 or older to age 95 under CPF Board’s rule.
Source: CPF Board (rule page updated 6 July 2026), checked 8 November 2026. Confirm your own limit with CPF Board.
In-Principle Approval for a Draycott 8 Purchase
An in-principle approval is a bank’s indication of the loan it would offer you, pending its full assessment and a valuation of the residence. With it, the cash part of the price, the stamp duty and the loan become firm figures before the option is signed.
With a finished residence, the bank releases the full loan on legal completion and the first instalment follows a month later. The TDSR calculator page sets out the steps from the option to completion.
Enquire About Draycott 8
Draycott 8 is open for sale, with four-bedroom residences ready for their next owners. Tell the Sales Concierge which residences interest you and a viewing time that suits.
Sent with every reply
- The current price list and the residences open for selection.
- The floor plans of the Tower Simplex, the Garden Simplex and the Penthouse.
- Times for a private viewing, plus the virtual tours to look through first.
- Your stamp duty, worked out for your buyer profile, and a loan figure from the TDSR calculator.
Arrange a Viewing Appointment
The Sales Concierge replies personally to every enquiry, usually the same day.
Telephone and WhatsApp: +65 6200 6220, answered by the Sales Concierge.
Each reply carries the current price list, the plans of the residences you mention and the viewing times on offer at Draycott Park.