4 Answers

Mark Ng S W
Hi Do contact me at 97970200 to discuss more

Mark, your RIGHT choice
Propnex
Nicholas Thang
Hi,

I can assist you in purchase of your new home in Singapore. We will first work out the financial portion so that we can zoom in to the type of housing as well as the cash amount required etc.

Drop me a message @ 8118 4108 and i will get in touch with you.

Regards,
Nicholas
Robbie Chen Chee Howe
Hi Sir,

If both you and your wife are SPR, you will be liable for an Additional Buyer Stamp Duty (ABSD) of 5% for your first residential property purchase. If you are SPR and your Wife is a Foreigner, you will be liable for ABSD of 20%.

Assuming both of you are SPRs, the breakdown in cost is as follows:
- 25% downpayment (up to max 75% loan subjected to TDSR)
- 3-4% Buyer Stamp Duty (BSD)
- 5% ABSD
- less than 1% conveyancing and other miscellaneous fee

In total, you will need to set aside approximate 34% of the property price. Based on your cash savings of S$130,000 (assuming no CPF), this will work out to be about $383,000.

Even though both your income of S$9,000 can qualify you for a higher loan of up to as high as S$1.2m, you will need to source for the funds for your downpayment (and other costs), should you be keen to purchase your first property here in Singapore.

Having said that, there may be other alternative ways which we may explore further. But I will need more information from you in order for me to give you a more appropriate recommendation.

I am experienced and well-versed in both private and HDB resale transactions. I will be able to assist you in your home purchase. Please get in touch with me for a more in-depth discussion.

Should you need require 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 in the current market.

Thank you.

Best regards,
Robbie Chen
9748 6305
PropNex Realty
Nick Tan
Dear Sir,

From the information provided, you seem to be in a good position to invest in a private property in Singapore. In terms of finances, you may wish to take note on the following:

- 5% Cash
- 20% CPF (Cash since you have got no CPF)
- ~ 3% Buyer Stamp Duty (cash)
- 5% Additional Buyer Stamp Duty (cash)

More importantly, you will need to shortlist potential projects that have got upside potential so that you are able to reap a tidy profit in the future.

Please feel free to contact me so that I can walk you through the process and assist you to own your first property.

Regards,
Nick Tan
(M) +65 9644 4854
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
Visit my website to know me better: www.nicktan.com.sg

I was featured recently on Council for Estate Agencies (CEA) Newsletter:
http://bit.ly/CEAnews

I have written a guide on buying Residential Property:
http://bit.ly/buypropertyguide
Testimonial from Satisfied Clients
“Nick is a responsible, efficient and excellent salesperson. He has very good knowledge of the real estate market and I benefited a lot from his advice and sharing. He is extremely patient when guiding me through the buying process and I am happy to secure a dream house within my budget with his assistance. A highly recommended salesperson who made my house hunting journey a breeze.”
Ms Chia (Buyer)

“Nick provides a delightful customer experience from day one when I engage him as my agent to look for a flat of my choice to the completion of the deal. He is competent, resourceful and has a pleasant manner to work with. He is the Agent of my choice in dealing with properties and I would highly recommend him to others who would appreciate an agent that takes care and can give the customer a peaceful mind.”
Susana (Buyer)

“Nick is very pro-active in helping us to resolve whatever questions and problems that we encountered. All the issues are settled even before us having to request or ask for a second time. He was very frank and transparent with all the details, limitations and advantages that we wouldn’t have known. I think this is the most important virtue to be successful in this line. I will surely recommend him to anyone who needs his service because I trust that they will be equally satisfied!!”
Mr and Mrs Chan (Sold and Bought a property through Nick)

“We are very grateful to Nick for his extensive marketing efforts. With his comprehensive marketing plan, he helped us to achieve a record selling price within 2 weeks of listing our property for sale! We highly recommend his service to anyone who is keen to sell their properties.”
Mr & Mrs Wong (Property Seller)

“Nick has conducted himself ethically and professionally when handling the sales of our property. Thanks to his patience and perseverance, we managed to secure a sales price beyond our expectations.
We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
Mr & Mrs Tan (Seller of Inter-Terrace House)