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Am a Singaporean single looking to buy a studio/2-bedroom condo/apt for investment (preferably TOP 2015/2016/2017). What is the initial cash outlay? Income SGD 8000 per month. Budget max. 700K. Happy to explore areas like Serangoon, Balestier, Guillemard and Bartley.
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3 Answers

YT Tan (陈永达)
Good morning! If you don't have any outstanding loan and manage to obtain 80% loan, it will be 5% cash downpayment and 15% CPF or cash downpayment. If you have outstanding loan and able to obtain 50% loan, it will be 25% cash downpayment and 25% CPF or cash downpayment. So do you own a property and still have existing loan? How much cash and CPF OA funds do you have? And i will introduce my panel of bankers to advise you on your in principle approval so you can gauge how much loan you can obtain. Hope to hear from you soon! Cheers! Warmest Regards, YT TAN 陈永达 | ACCA Graduate, RES Senior District Manager R043025D ECG Property Pte Ltd (A Wholly Owned Subsidiary of ECG Group of Companies) Estate Agent no. L3009759F Blk 190 Lorong 6 Toa Payoh #05-508 S (310190) (M): +65 9111 5171  (E): yt.lovelyhomes@gmail.com (W): www.yttan.com (W): yttan.stproperty.com.sg/ (W) www.lovelyhomes.com.sg (W) www.ecgproperty.com Read More
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Hi Ms Tan, It is best to speak to a financial professional over the financial outlay as they are the ones who can provide you with the right solutions based on your financial profiles. Most salespersons have contacts to a panel of bankers across the different banks. Let me know if you require any assistance here. Regards, Geryl LIM Real Estate Director Masters Of Real Estate (L3010548F) CEA Reg R014783H Mobile: +65-81577565  /+65-92787772 Email: geryl7772@gmail.com https://www.facebook.com/propertyblogshop https://www.facebook.com/media/set/?set=a.297043923770884.1073741832.284747148333895&type=1&l=90fca1674e M.O.R.E Landed Dynamic Alliance - www.DAG.com.sg Home of *7772 Hotline Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now! **Aspiring to be your preferred partner in real estate** ARE YOU FREE on 8/9 February for the launch of Wak Hassan Brand New Semi Detached For Sale? 8 units available for sale at an attractive price. Showflat ready for viewing. Register your interest today! The next edition of Landed Homes Sales Exhibition is back this February. Bookmark your calendar for 22nd or 23rd of February! We will be showcasing more than 150 units of landed homes for sale in a single location. Various star buy units for sale! Register your interest today! Read More
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Hi Ms Tan, An exciting project with excellent gain potential as well as rental awaits. Queue has already started to form for this project before the opening of showflat. Let me know if you wish to find out more. Regards, Geryl LIM Real Estate Director Masters Of Real Estate (L3010548F) CEA Reg R014783H Mobile: +65-81577565  /+65-92787772 Email: geryl7772@gmail.com https://www.facebook.com/propertyblogshop https://www.facebook.com/media/set/?set=a.297043923770884.1073741832.284747148333895&type=1&l=90fca1674e M.O.R.E Landed Dynamic Alliance - www.DAG.com.sg Home of *7772 Hotline Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now! **Aspiring to be your preferred partner in real estate** We have successfully concluded our Landed Homes Sales Exhibition on 22/23 February 2014. Huge thanks to our clients, we managed 3 transactions and 5 listings, registering more than 100 guests for the event. If you are looking to buy a landed home or looking for a landed home buyer, we have the solutions for you. Royal Wharf, London. A new prime waterfront township in central London awaits your attention. An excellent opportunity for investment in an ideal location on the River Thames in central London. Register your interest as soon as possible for your exclusive invitation to our exclusive event. https://www.facebook.com/media/set/?set=a.372619176213358.1073741861.284747148333895&type=1 Interested in other international projects? We have MORE opportunities for you. From neighbouring Malaysia to Philippines, Australia, France and US, we have these great opportunities for your investment. Call us to find out MORE! Read More
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