21/04/2026
How much do you need to earn to buy a 3-bedroom at The Orie?
The Orie is a 99-year condo located in Toa Payoh and the 3-bedroom unit we're looking at here is 1,130sqft and prices start from $3,024,000, which roughly works out to $2,700 per square foot.
Assuming the best case scenario,
you'll be able to borrow up to $2,270,000 and your stress tested monthly instalment works out to about $10,800 a month and in order to calculate how much you need to earn to qualify for this loan,
we take your stress-tested monthly mortgage of $10,800 and divide it by 0.55 because of TDSR and the minimum qualifying salary works out to be $19,700 a month and we move to the next step which is to calculate your downpayment.
Because we took a 75% loan, the remaining 25% downpayment works out to $760,000 and taking into account your stamp duties, your total upfront cost comes to about $880,000,
at today's mortgage rate of about 1.35%, your actual monthly instalment for a brand-new 3-bedroom at The Orie would only be around $7,700 a month.
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