AskGuru Q&A Community

Evening,

Based on your income status, you might not be eligible for HDB loan nor grant. And if you need to get bank loan, I would need to know if you have sufficient cash for the 5% down payment.

Do feel free to contact me for further discussion.

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

Hi,

In order to qualify for HDB loan for Single Scheme, your gross income must not be more than $5k per month. You can get a bank loan, but minimum 5% CASH is required for the down payment.

Feel free to contact me if you have further queries.

Thank you.

Angela Chua
Propnex Realty Pte Ltd
H/P: 9323 3330  Read More

A good day to you,

Here’s a compelling option for you and your parents to consider:

Keep the existing HDB under your parents while you maximise the potential of your current earnings, CPF and savings (minimum $60,000 cash) by investing in a resale private condominium of 2-3BR for $800,000-$900,000 which may earn you immediate rental income of $2,400-$3,300 monthly.

Your family has further options to stay together while renting out the other property or stay in individual homes while renting out the extra rooms to generate rental incomes for yourself and your parents.

Call now to find out how all this could be done smoothly with low risk and high return as many have done before. Start your journey to financial freedom today.

Warm Regards,
Karrien N. Chan
CEA Reg. No.: R052532H
Mobile: +65 822 50 212
Email: karrien.realty@yahoo.com

Powerful Negotiators
No. 1 Team in PropNex Realty Pte Ltd (L3008022J) Read More