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  3. UOB BizProperty

UOB BizProperty

  • Give your business more room to grow

    Fast processing and approval | Up to 25 years tenure | High loan quantum

    Apply Now

Overview

Plan Your Business Expansion with UOB Business Banking’s Asset Financing Solution.
BizProperty is developed to assist you in the purchase of new property or refinancing of existing ones.

  • Available for business premises includes commercial, industrial or residential units
  • High Loan quantum of up to 95% of property’s purchase price with legal fee and insurance financing
  • Competitive interest rates and faster processing to get your business moving forward
  • Ease of mind with better financing quantum of up to 25 years & flexible financing options (available in term loan and Overdraft)

Buy vs Rent Calculator

Calculate to find out which option provides you more savings for your property

Rental information
 
Monthly rent 
 

Includes the sum paid as rent or hire for the use of furniture where premises are let furnished or where premises are let and the furniture therein is hired by the landlord to the tenant.

(100 - 999,999,999)
Please enter a valid value.
 
Intended period of stay 
 

The period in which you intend to use or hold the property for your business or investment needs.

(1 year to 30 years)
Please enter a valid value.
Property loan information
 
Purchase price 
 

The purchase price should less off any discounts, rebates, or other benefits offered by the developer or any other party.

(1,000 - 999,999,999)
Please enter a valid value.
 
Mortgage rate 
 

The interest rate that the bank charges on the property loan.

(0.01 - 99.99)
Please enter a valid value.
 
Mortgage tenure 
 

The tenure of the property loan, capped at 30 years.

(1 year to 30 years)
Please enter a valid value.
Calculate
Market forecast 
Property price growth 1.00% per annum
Rental growth1.00% per annum
opportunity cost of investment0.05% per annum
Purchase/Sale fees 
GST payableyes
Agent fees 0.15% of property value
Legal fees2,500
Other rental costs 
Agent fee2 months rent
Security deposit2 months rent
Maintenance fees 
Initial fit outyes
Annual maintenance costs0.15% of property value
Monthly facilities fees300
Savings summary

Please enter your Rental and Property Loan information to continue.

Renting is the better option

Buying is the better option

There would be savings of9,628,859over 15 years if you RENT a Property

Find out how a business loan can help finance your property rental needs.

To find out how you can finance your property, request for a callback from us now.

Request callback
There would be no difference in cost between buying and renting a property for X years. Nevertheless, talk to us today to find out how to finance your ownership of the property that would be worth Y.
Cost after 15 yearsRentBuy
Set up costs8,000102,053
Downpayment/Deposit4,00034,851
Agent fees4,000261
Legal fees 2,500
Mortgage duty 500
Buyer stamp duty 1,743
GST 12,198
Initial renovation 50,000
Running Costs4,000371,958
Rent Payments965,813.73 
Mortgage Payments-789,064
Property Tax 90,000
Maintenance Costs 12,000
Facilities Fees 54,000
Opportunity Costs4,0005,701
Set Up1512,174
Running Costs3,4475,926.69
Net Proceeds 164,024
Proceeds from sale412,14810,000
Seller Stamp Duty  
Agent Fees 1,393
Legal Fees 2,500
Total Cost16,000315,687

Mortgage Calculator

Mortgage Calculator

 
Property value (100,000 - 999,999,999)
Please enter a valid value.
 
Loan amount (80,000 - 99,999,999)
Please enter a valid value.
 
Loan tenure (5-30 years)
Please enter a valid value.
 
Interest rate (1-5)
Please enter a valid value.
Calculate
Repayment summary

Please enter the mortgage information to continue.

The estimated repayment amount would be:

4,553

How to Apply

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