AskGuru Q&A Community

Hi Zack;

As a single now,you are not not eligible to purchase HDB yet(unless if you are above 35yrs old).You can purchase a unit by yourself and later on,your future wife can purchase one under her own name.In this instance,both are not subjected to the Additional Buyer Stamp Duty(assuming that both of you are Singaporean) and also will be eligible for max 80% loan(subjected to bank's approval).Yes,generally buyers go for 1 or 2bedrooms units for investment purposes as the quantum is affordable.I have a few new launches that are great for investments or even own stay.Mere 2 mins walk to the MRT,city fringe living with convenience at your doorstep ! Affordable pricing with early bird discounts up to 22%.Please feel free to contact me for more info.Thanks

Regards;
Lyna ERA
Developer's sales team
 9623 8442 
lynasong@hotmail.com Read More

Hi Zack

With your current income, buying of 1 or 2 bedroom condo is not an issue for you. I have a 2 bedroom unit at Lakepoint condo with an area of 1001 sqft. It is only 7 mins walk from Lakeside mrt and the asking is 800k. Cheers!

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Hi Zack

As a single above 35 years of age, u r able to purchase a hdb flat, however bear in mind that minimum occupation period is 5 years, which means if u get married within 5 years, your wife in the meantime is not eligible to purchase a private residential property as well.

Assuming your wife does not own any property, she is eligible to apply for a 80% loan from the bank.

Based on the information u have provided, assuming 60k income, 30 years loan term and 1.5% interest, you can roughly get $450k loan from the bank.

If u like to pay more per month, u can option for a shorter loan period. Alternatively, prepayment is also allowed after certain loan period.

U can contact me at 94500377  should u need further assistance.

Regards
Angela neo Read More