If you are looking to leverage on an illiquid asset to acquire some good debt to grow your wealth....Read on.

The following article is reprinted with permission from singaporehomeloans. All information or queries are to be directed to loans@propertybuyer.com.sg directly or mobile (sms) : +65 9782 8606.
(There is no affiliation between this website (sgdividends) and singaporehomeloans website and the owners are different)
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Most banks in Singapore lend based on criteria such as debt to servicing ratio. The usual debt servicing ratio is capped at 50% to 60%.(Note: This is different from the financial planning guideline of setting the debt at 35% of monthly income.) Singapore banks who lend money based on asset based lending will assess your property valuation and lend you money based on your assets.However many banks do not engage in asset based lending as they deemed it risky. For those ......