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Hi Cassandra, for foreigner purchasing a property, you are still able to loan 80% from the bank but do take note that the stamp duty payable will be at 18%. I have a 1 bedroom freehold unit selling for 600k at 139 Tyrwhitt Road. Pls feel free to let me know if you would like to view.

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

Hi. Let me run you through. I have some units for you. Let me know your budget.

You may reach me via 91442664 
Tricia Tan 91442664  Read More

Hi Cassandra,

As a foreigner, assuming you don't come from the 5 countries that Singapore has a free-trade agreement with, you will need to set aside CASH of up to 38% of the condo purchase price.

Assuming you are eligible for up to 80% loan for the purchase, this 38% makes up of the Downpayment and the relevant stamp duties.

Also, there are no rules that state that you can only buy older properties. You can in fact consider new launches too.

However, my advice to you is, do not buy a property just because it's CHEAP. If you want to avoid making a loss on the property, you will need to have a clear entry and exit strategy.

Should you need any further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you and your partner in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More

Good evening Cassandra,

These are the initial outlay if you are able to obtain max 80% bank loan.

1) 20% downpayment in cash
2) estimated 18% stamp duties (unless you are qualified for the ABSD exemption)
3) $3k legal fees

Dont be mislead, you are eligible to buy new or old developments.

Do share more with me so I will be in a better position to advise you on the available options.

Hear from you soon!

"Your Freehold Ally, Leasehold Tactician"

YT TAN 陈永达 | ACCA Graduate, RES
Associate Group Director
R043025D
Propnex Realty Pte Ltd
Blk 480 Lorong 6 Toa Payoh, #11-95 HDB Hub East Wing, Singapore 310480

(M): +65 9111 5171 
(E): yt.tan91115171@gmail.com
(W):www.yttan.com
(FB): www.facebook.com/yttanassetprogessor

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