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Hi Emily, both you and your husband salary would determine on how much loan size that you could go for, and whether is it enough to purchase a 5 room flat. You have to option to apply under HLE which is a HDB loan or loan from the bank. Pls feel free to let me know if you need any assistance.

Regards
Aaron
 97308455 
aaronchong2774@yahoo.com.sg Read More

Hi,

I will need to understand your finances more comprehensively in order to advise further. Also, you may wish to apply for the HLE which will determine your cash component and hence, the feasibility of your intentions. Do contact me and I'll link you up with my network of bankers or contacts to assist you at no cost.

Meanwhile, let's discuss further on your requirements comprehensively to understand the crux of your requirements & expectations, to enable me to deliver a more accurate financial projection and breakdown of cash flow for your purchase.

These are the steps for purchase:
With loan approved AND financial cash flow calculations well understood- I will succinctly propose units to view for your consideration.

Once you have identified your ideal unit, I will step in and help you negotiate for the best possible deal.

A transaction report will be made available to you prior offer stage, so that you can study the transaction caveats of the surrounding transacted units for a greater in depth price analysis of market to ensure you are indeed making the RIGHT offer!

Following that, post deal paperwork will be handled by myself. I will also coordinate and guide you on the legal procedures for the purchase.

As you can see, purchasing a property is an extremely organized and timely process and, it will be of huge added advantage to you if you engage a realtor with years of experience and knowledge - because that will ultimately translate to finesse and a smooth process.

If you are comfortable with working with me for your real estate needs, I will be most glad to render my services, advise and expertise accordingly.

Visit my website to view all my recent accolades - esteemed awards and testimonials to gather more information on me: www.kumarrai.com

D Kumar
 +65 96659926 
ERA Associate Division Director
www.kumarrai.com

#1 team of ERA in Singapore, Asia Pacific International for 2014.

About Me-
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2014 ERA Asia-Pacific Business Conference Elite Award

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2015 February ERA Top Achievers
2014 Overall Top Achievers
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Afternoon Emily,

You are eligible to purchase resale HDB unit with your spouse. Depending on your combined income status, you might be able to obtain HDB loan with housing grant. It is definitely to purchase 5 room flat with $500k budget but you will be limited to certain estate. You will be liable for standard stamp duty, legal fee, valuation fee, HDB admin fee and commission payable, for the purpose of buying a resale HDB unit.

Do contact me further for detail discussion.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More

Dear Emily,

Based on rough estimation, your $70,000 CPF will be sufficient to buy a $500k property. Don’t foeget that you need to top up maybe approx $6000 for agent services fees and misc fees such as valuation etc.

However, if you are taking bank, I am afraid $70,000 will not be sufficient and you have to top more cash as well.

Apart from initial payment, you need to consider your loan as well. May I suggest that you applied for HLE with HDB and AIP with bank first then I can advise further whether is it feasible or not.

Hope that I had answered your question.

Feel free to contact me if you need my assistance.

Thanks and Regards
Johnny Goh
R018297H
Team Associate Director
OrangeTee.com Pte Ltd
Mobile: 90906267 
Email: johnny.goh@orangetee.com
Website: johnny-goh.com Read More

Hi Emily,
If loan is required, the size/price of the property will be limited by the loan quantum. For me to assist and advise you the details computation, please drop me an email for me to share.

I can be contactable at my mobile or email.

CK Ang
 9046 3808 
res.ckang@gmail.com Read More