Artist’s impressionBorrowing for The Sen in One Line
Two rules set by the Monetary Authority of Singapore decide how much a bank can lend on a home at The Sen: the loan-to-value limit, measured against the price, and the Total Debt Servicing Ratio, measured against income. A buyer with no other housing loan can borrow up to 75% of the price, provided every monthly debt repayment, the new loan included, fits within 55% of gross monthly income.
The figures below are those MAS applied as at October 2026.
Loan-to-Value Limits at The Sen
| Outstanding housing loans | Standard limit | Lower limit | Minimum cash |
|---|---|---|---|
| None | 75% | 55% | 5% (10% in the lower band) |
| One | 45% | 25% | 25% |
| Two or more | 35% | 15% | 25% |
Source: MAS, checked 20 October 2026. Limits can change; confirm with MAS or your bank before signing.
The rest of the buyer’s own share, above the minimum cash, may come from cash or CPF Ordinary Account savings within CPF limits.
When the Lower Band Applies at The Sen
The lower limit applies when the loan tenure is longer than 30 years, or when the loan would run beyond the borrower’s 65th birthday. Where two people borrow together, MAS uses the average of their ages weighted by income.
A 31-year-old choosing a 35-year loan would finish at 66 and also exceed 30 years, so the lower band applies; a 45-year-old on a 25-year loan stays within 30 years but finishes at 70, so it applies too. Loans on private homes such as those at The Sen can run for up to 35 years.
The TDSR Test for The Sen Buyers
Every monthly debt repayment, the new loan included, must fit within 55% of gross monthly income. The new loan is tested at a medium-term interest rate of 4%, or the loan’s own rate if higher, rather than the bank’s quoted rate, so that a later rise in rates remains affordable. Fixed salary counts in full; variable and rental income count at 70%.
Car loans, other property loans and minimum card repayments are taken off first, and what is left is converted into a loan amount at the test rate over the chosen tenure.
How TDSR Is Worked Out for The Sen
The method has four steps. Add up the gross fixed monthly income, with variable income counted at 70%. Take 55% of the total. Subtract the monthly repayments on every other debt, which leaves the amount available for the new loan. Then convert that amount into the largest loan it supports at the test rate over the tenure chosen.
Nothing in that sequence depends on the price of a home, which is why the working can be done before a home is chosen. The TDSR calculator runs the same method for one or two borrowers, and a bank’s own assessment decides what it will lend.
Joint Borrowers at The Sen
Where two people borrow together, their incomes are added and their debts are added, and the 55% test is applied to the total. For the age test, the income-weighted average age means a younger, higher-earning borrower can keep the standard limit for a longer tenure than the older borrower could alone.
A buyer who still holds a housing loan, for example on a home being kept, faces loan limits of 45% or 35% (25% or 15% in the lower band) and a minimum cash share of 25%, so the order of selling and buying deserves a word with the bank first.
In-Principle Approval Before Choosing at The Sen
Many buyers obtain a bank’s in-principle approval before they view. It states how much the bank is willing to lend on the information given, subject to final approval and a valuation, and turns the stamp duty, booking fee and cash share into firm numbers. Each bank sets its own terms and validity period.
The housing loan page sets out the rules in full.
Choosing a Loan Tenure at The Sen
Tenure changes both the monthly repayment and the limit. A longer loan lowers each repayment, which leaves more room under the 55% test, but a tenure beyond 30 years, or one that runs past age 65, moves the loan into the lower band of 55% for a first housing loan, with at least 10% of the price in cash.
A buyer who keeps the tenure within 30 years and within age 65 keeps the standard 75% limit, and the TDSR calculator shows the effect of each tenure on the loan an income supports.
From Loan to Payment Schedule at The Sen
Once the buyer’s own share has been paid, the loan is drawn stage by stage as the building is certified, and interest is charged only on what has been drawn. The progressive payment calculator shows the split at every stage for a price you enter, and the Sales Concierge sends the current price list on request.
MAS sets the rules, and each bank makes its own assessment. Showflat viewings are arranged by appointment through the Sales Concierge.
This article is general information as at the date shown and is not financial, legal or tax advice. Statutory figures are from IRAS, MAS and MOE where stated; particulars of The Sen are from the developer’s brochure, factsheet, FAQs and plans, and distances from OneMap. Sources: MAS (loan-to-value limits, TDSR and the medium-term interest rate floor, checked 20 October 2026).
Talk to The Sen Sales Concierge
The Sales Concierge sends the price list on request, the homes still available and the e-brochure for The Sen. Showflat viewings are arranged by appointment through the Sales Concierge.