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Dear Sir/Mdm!

Good day to you!
I’m Daniel Tan from Huttons.

Assuming the EC 3 bedroom unit price to be around S$900,000.

You will need a downpayment of 20% (15% CPF + 5% Cash)
Downpayment: S$135,000 (CPF) + S$45,000 (Cash)
Buyer Stamp Duties: S$21,600
Other fees, legal, misc: ~S$3,500

Loan 80%: S$720,000
Based on the income you mentioned above, you might be able to get the required loan amount.

Hope this help you with your planning.

Any other queries?
Please always feel free to contact me for a non-obligated discussion on how I can assist you with your real estate needs.

Have a great day ahead.

Best Regards

Daniel Tan
Huttons Asia Pte Ltd

(+65) 9477 5100 
daniel.tck@outlook.com
www.danieltanrealestate.com
FB@danieltanrealestate Read More

HI do contact me at 97970200  to discuss more

Mark, your RIGHT choice
MCG Read More

Hi

Based on the information, it will be a stretch to buy an EC.

Assuming the EC 3 Bedroom at $900,000, appended would be:

1) Cash (5%) $45,000 - your cash portion of $18,000 is insufficient.
2) CPF (15%) $135,000 will be sufficiently covered by your CPF fund of $210,000. In fact it can pay for your stamp duty and legal cost.
3) Loan - 80% LTV will allow you to about $238,600 financing.
4) Taking a broad assumption of the sale proceeds of HDB 3 room at $300,000, it is my considered opinion that it will be a stretch.

Perhaps you can call 9620 0827  or you can write to gavin.ng@orangetee.com, we can do a new estimation if you have other new information.

Otherwise you may consider a HDB 5 room as an alternative.

If you need assistance, you may call or text 9620 0827  .

Gavin Read More

Dear Sir/Mdm,

Buying a BTO will be a better option for you and will not be too financially stretching especially when your parents have already retired.

Please feel free to contact me if you need further assistance!

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
Visit my website to know me better: www.nicktan.com.sg

I was featured recently on Council for Estate Agencies (CEA) Newsletter:
https://www.cea.gov.sg/docs/default-source/module/newsletter/3-2017/bouquets-for-property-agents.html

Testimonial from Satisfied Clients (2016/2017)
“I would like to recommend Nick Tan from SRI. Before we engaged Nick, we were working with another agent from a very popular property agency in February 2017. We decided to terminate the contract after 5 weeks of zero viewings and no paper advertisements. Basically he was just waiting for phone calls. We engaged Nick on 20th April and by 10th of May, our unit was sold off. Why Nick? 1. He has good marketing strategies 2. He always kept us posted on what he did (communications!) 3. He made sure we understand the current market situation but he will consistently reassure us that the unit can be sold off 4. He is not greedy and trusting 5. He walks the talk”

Peter & Wendy (Property Seller)

“We are very grateful to Nick for his extensive marketing efforts. With his comprehensive marketing plan, he helped us to achieve a record selling price within 2 weeks of listing our property for sale! We highly recommend his service to anyone who is keen to sell their properties.”
Mr & Mrs Wong (Property Seller)

“Nick has conducted himself ethically and professionally when handling the sales of our property. Thanks to his patience and perseverance, we managed to secure a sales price beyond our expectations.
We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
Mr & Mrs Tan (Seller of Inter-Terrace House)

“Nick provides a delightful customer experience from day one when I engage him as my agent to look for a flat of my choice to the completion of the deal. He is competent, resourceful and has a pleasant manner to work with. He is the Agent of my choice in dealing with properties and I would highly recommend him to others who would appreciate an agent that takes care and can give the customer a peaceful mind.”
Susana (Buyer)

“Nick is very pro-active in helping us to resolve whatever questions and problems that we encountered. All the issues are settled even before us having to request or ask for a second time. He was very frank and transparent with all the details, limitations and advantages that we wouldn’t have known. I think this is the most important virtue to be successful in this line. I will surely recommend him to anyone who needs his service because I trust that they will be equally satisfied!!”

Mr and Mrs Chan (Sold and Bought a property through Nick) Read More