| Location | Orchard Road, Singapore |
| Market Value | S$ 9,000,000 |
| Loan Amount | S$ 6,300,000 |
| Loan-to-Value | 70% |
| Duration of Loan | 12 Months |
| Payment Schedule | Monthly Interest Payments |
| Asset Type | Condominium |
| Completion Time | 7 Days |
Problem
- The property investor had purchased an apartment in Orchard Road through an auction.
- The property was for sale at a price that was well below the market value.
- The individual needed an urgent bridge loan to complete the purchase of the property while waiting for a bank loan to be approved.
Solution
- Rikvin Capital provided a $6,300,000 bridge loan within 7 days.
- The loan allowed the property investor to successfully complete the transaction and acquire a prime property at a significant discount.
Need to apply for a bridge loan?
Rikvin Capital has specialists who can advise you on your loan needs and answer any queries that you might have.
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