Farrer Park Arena
Project Name | Farrer Park Arena |
|---|---|
TOP date | 1 Oct 2027 |
Tenure | 99 YEARS |
Number of Units | 569 |
Room type | 2-Room, 3-Room |
Sale Launch | May 2023 BTOView |
Floors | 24 |
Property type | HDB |
Developer | HDB |
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Location of Farrer Park Arena
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Amenities nearby Farrer Park Arena
Schools | Distance |
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No schools found nearby | Not available |
MRT Stations | Distance |
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No MRT stations found nearby | Not available |
Supermarkets | Distance |
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No supermarkets found nearby | Not available |
Parks | Distance |
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No parks found nearby | Not available |
Site plans and elevation charts for Farrer Park Arena
FAQs about Farrer Park Arena
General FAQs
What is the Built Year of Farrer Park Arena?
The Built Year of Farrer Park Arena is 2027.
Investment & Finance FAQs
What is the current Loan-to-Value (LTV) cap for bank-financed resale HDB?
First-loan buyers can borrow up to 75% of the purchase price/valuation. The remaining 25% is the minimum down-payment.
What is the Total Debt Servicing Ratio (TDSR) and why does it matter?
Banks will only grant a home loan if your total monthly debt obligations—including the new mortgage—stay within 25% of your gross monthly income.
Can I use CPF to pay for the purchase and monthly instalments?
Yes. CPF Ordinary Account savings can be used for: (i) part of the 25% down-payment above the mandatory 5% cash, (ii) Buyer/Seller stamp duties, and (iii) monthly mortgage repayments, subject to CPF usage limits depending on the remaining lease. (No ABSD can be paid with CPF.) Source: CPF housing rules.
What property-tax rates apply if I rent out my unit?
Non-owner-occupied residential property is taxed on a progressive scale of 12%–36% of Annual Value (AV) from 2026. Owner-occupiers enjoy lower 0%–32% rates.
How long does the resale HDB completion take?
A standard resale HDB sale completes in 8 to 12 weeks after the Option to Purchase is exercised.
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