Coastal Cabana Housing Loan Information

Two ceilings apply at once to a loan on a home at Coastal Cabana. As an executive condominium bought from the developer, it is tested against the mortgage servicing ratio (MSR) of 30% of income as well as the total debt servicing ratio (TDSR) of 55%, and the lower of the two decides the loan. On top of the bank’s tests, HDB’s eligibility conditions decide who may buy.

Coastal Cabana and the Two Ceilings: MSR and TDSR

The MSR caps the monthly repayment on property loans at 30% of gross monthly income; the TDSR caps all monthly debt repayments, the new loan included, at 55%. For most households the MSR binds first. Other debts only start to matter once they exceed a quarter of income, because 55% less those debts falls below 30% only when the debts are more than 25% of income; so clearing a car loan rarely changes how much an EC buyer can borrow.

Rule	As at October 2026
Mortgage servicing ratio (MSR)	30% of gross monthly income, property loans only
Total debt servicing ratio (TDSR)	55% of gross monthly income, all debts
Interest rate used for both tests	The higher of a 4% floor or the loan’s thereafter rate
Variable and rental income	Counted at 70%, after a 30% haircut
Joint borrowers	Income-weighted average age

Source: MAS (mortgage servicing ratio, media release of 11 January 2013; 4% medium-term interest rate floor, media release of 29 September 2022, for options granted on or after 30 September 2022); checked 22 October 2026. Limits can change; confirm with MAS or your bank before signing.

Who Can Buy a Coastal Cabana Home: HDB’s EC Conditions

A new executive condominium is sold under eligibility conditions that HDB sets and checks. They are summarised below; the EC affordability calculator applies the income test and the grant tiers to a household’s figures.

Family nucleusApplicant a Singapore Citizen, with at least one other Singapore Citizen or Permanent Resident (spouse or fiancée, children, parents or orphaned siblings); two or more singles applying together must all be Citizens aged 35 or over

AgeAt least 21

Household income ceilingTotal monthly household income of all persons on the application not above $16,000

Private propertyNo applicant or occupier may own or have an interest in local or overseas private residential property, or have disposed of any in the 30 months before applying

Non-residential propertyFor EC land sales launched on or after 9 May 2023, which includes this site, the household may own not more than one non-residential property

HDB flatAny HDB flat owned must be disposed of within 6 months of completing the EC purchase

Second-timersA household that has taken one housing subsidy is a second-timer; anyone who has taken two may not apply

Source: HDB, Executive Condominium eligibility conditions, conditions after buying an EC and resale pages; MND media release of 10 September 2019 (income ceiling for ECs bought from developers); checked 22 October 2026. HDB determines eligibility.

After the purchase

Minimum occupation period5 years from the Temporary Occupation Permit; the whole unit may not be rented out during it

Resale after the MOPTo Singapore Citizens and Permanent Residents while the EC is within 10 years of its TOP; no citizenship requirement after that

Resale levy$55,000 where an EC bought with a CPF Housing Grant, or from a project launched from 2015, is sold and the household then buys a second subsidised flat or EC

Citizen Top-UpSC/SPR households may apply for a $10,000 Citizen Top-Up under certain conditions

Source: HDB, conditions after buying an EC and resale of an EC; checked 22 October 2026.

The CPF Housing Grant for Coastal Cabana Buyers

Eligible households buying a new executive condominium may receive a CPF Housing Grant for ECs, credited to their CPF Ordinary Accounts. It depends on average gross monthly household income, on citizenship and on whether the household is buying with a housing subsidy for the first time.

Average monthly household income	First-timer SC/SC	First-timer SC/SPR	First-timer and second-timer SC/SC
$10,000 or less	$30,000	$20,000	$15,000
$10,001 to $11,000	$20,000	$10,000	$10,000
$11,001 to $12,000	$10,000	Nil	$5,000
$12,001 to $16,000	Nil	Nil	Nil

Source: HDB, CPF Housing Grant for executive condominiums (tiers as checked in September 2026). Grant amounts are decided by HDB; confirm the amount for your household with HDB. Second-timer households receive no grant.

Note the gap between the two figures that matter: the grant tapers to nothing at $12,000 a month, while the income ceiling for buying is $16,000. A household can be comfortably eligible to buy at Coastal Cabana and receive no grant at all, so it is worth checking both before a viewing.

Coastal Cabana Loan-to-Value Limits

Alongside the income tests, the loan may not exceed a share of the price that depends on how many housing loans the borrower already has, with a lower limit when the tenure exceeds 30 years or the loan runs past age 65 on the income-weighted average age.

Outstanding housing loans	Standard LTV	Lower LTV	Minimum cash
None	75%	55%	5% (10% in the lower band)
One	45%	25%	25%
Two or more	35%	15%	25%

Source: MAS loan-to-value limits. Limits can change; confirm with MAS or your bank before signing.

Lower band

Over 30 years, or past age 65.

The loan limit drops and minimum cash on a first loan rises to 10%; the EC calculator keeps the tenure within 30 years and age 65.

Tenure over 30 yearsLower band

Loan past age 65Lower band

Joint borrowersIncome-weighted average age

Loan typeBank loan; no HDB loan for an EC

In-Principle Approval Before a Coastal Cabana Viewing

Many buyers ask a bank for an in-principle approval before a viewing, sized under the MSR rather than the TDSR. It states how much the bank is prepared to lend on the information supplied, subject to final approval and a valuation, and turns the stamp duty, the booking fee and the cash share into firm figures. Each bank sets its own terms and validity period.

Once the buyer’s own share has been paid, the loan is drawn stage by stage under the payment scheme, and the progressive payment calculator shows the split at every stage.

Now selling

Request the Coastal Cabana Price List

Coastal Cabana is open for sale. The Sales Concierge replies with the developer’s current price list and the homes still open for selection. Showflat viewings are arranged by appointment through the Sales Concierge.