Asked by Anonymous
Dear Champions,
We are 2nd year Singapore PR couple. Understand with completion of 3rd year of PR, we will be eligible to buy HDB resale. Private property like condo will be beyond my affordability for next 2 - 5 years.
Any expert suggestion on my generic questions will be highly appreciated:-
1. Does it make sense to buy a resale HDB property with first opportunity? The other options will be like -
a) Wait for 1 - 2 year, build little higher corpus to buy a better HDB (Higher lease or Floor Area or Proximity to CBD/Business Hub)
b) Wait for few more years, go for a private property directly.
c) Wait for Citizenship to ensure HDB buy price (BTO or Resale) is aligned to mass market.
2. Understand maximum loan from bank will be 75%. Can anyone point/share a calculator of our contribution (Cash or/and CPF) including other charges like stamp duty, admin charges, agent commission etc)
We are 2nd year Singapore PR couple. Understand with completion of 3rd year of PR, we will be eligible to buy HDB resale. Private property like condo will be beyond my affordability for next 2 - 5 years.
Any expert suggestion on my generic questions will be highly appreciated:-
1. Does it make sense to buy a resale HDB property with first opportunity? The other options will be like -
a) Wait for 1 - 2 year, build little higher corpus to buy a better HDB (Higher lease or Floor Area or Proximity to CBD/Business Hub)
b) Wait for few more years, go for a private property directly.
c) Wait for Citizenship to ensure HDB buy price (BTO or Resale) is aligned to mass market.
2. Understand maximum loan from bank will be 75%. Can anyone point/share a calculator of our contribution (Cash or/and CPF) including other charges like stamp duty, admin charges, agent commission etc)
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