8 Answers

Hi Investor,

Please email to dfsr2010@gmail.com with your budget, investment target and available fund so that I can advise on the financial commitment and expected costs.

Thank you.
David Read More
0
Morning Anam,

May I know if you are looking at resale unit or BUC projects?
As foreign buyer, you will be liable for ABSD of 15% in cash. Maximum loan amount is at 80%, subjected to your credit record, income status and age.
Assuming that we are looking at property of $700k, we are looking at around $300k cash with mortgage loan of $560k.

Do feel free to contact me should you require additional assistance.

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

Subjective to your loan eligibility, assuming 1st residential property, you can loan up to 80% of the valuation or purchase price whichever is lower. You will also be subjected to Additional Buyer's Stamp Duty as a foreigner of 15% as well as normal buyer's stamp duty of 3%. All in all, your minimum cash outlay will be in the range of around 40% of the purchase price inclusive of administrative costs like conveyancing.

I do have a property on hand with immediate gross rental return of above 3.2% at Suites @ Topaz for your considerations. 377sqf 1 bedroom unit looking in the range of $650k.

Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.

Claim your free home report today at http://bit.ly/ClaimFreeReport.

Visit and Like my facebook page at https://www.facebook.com/propertyblogshop/

New Singapore Expatriates on facebook is up and running. Come join us at https://www.facebook.com/groups/newsgexpats/

My self introductory video on https://youtu.be/6UfrCOCB6Mg

Regards,

Geryl LIM
Associate Marketing Director
Global Alliance Property (L3010679B) - Century 21
CEA Reg R014783H
Mobile: +65-81577565  /+65-92787772
Email: geryl7772@gmail.com

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Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now! Read More
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Hi Ms Anam,

Thanks for your interest in investing in Singapore properties. For loan financing, you are able to apply up to 80% quantum (subject to bank approval). So you need to take care of the Initial downpayment which is 20% plus the stamping fee.
The Buyer stamp fee is 3% (3% - $5400) and there will be a additional buyer stamp duty (ABSD) of 15% as you are a foreigner.

Do let me know how we can discuss this further, would be able to provide you suitable recommendation based on your list of criteria.

Hear from you soon.

Regards,

Kelvin Chen
ERA Branch Division Director
 +65 84282282 
kelvinchen.era@gmail.com Read More
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Hi Ms Anam

The rest of the agents have sufficiently answer to your question on the initial investment.

The next question is where?

You may want to write to gavin.ng@orangetee.com and I will explain to you the various consideration in the property selection.

Regards

Gavin Read More
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Hi,

The initial cash outlay :
20% Cash (5% Cash & 15% CPF)
80% Maximum Loan
3% Buyer Stamp Duty
15% ABSD
Legal Misc Fess
NO agent fees

Perhaps you could furnish me with your exact requirements and finances on hands to conduct the financial cash calculations/ progressive payments to reaffirm and shortlist the residences units you could otherwise consider. At the same time, I will take the opportunity to run through the key financial loan approval process, share some market insights/ provide you with recent sales transaction caveats and explain the entire procedural framework involved.

As mentioned earlier, there is no agent fees involved, hence my service and consultation comes at no cost ; and you are assured of being walked by step by step on the entire procedural framework - from technical matters to financial, legal matters and beyond.

D Kumar
 +65 96659926 
ERA Associate Division Director
www.kumarrai.com ( Recent Awards and Testimonials)

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

ERA 2015 Q1 Top Achievers (Top1% of ERA)
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Hi Aman,

You will be able to loan up to 80% of the valuation of the property. However, please note that foreigners are subjected to an Additional Buyer Stamp Duty of 15% on top of the normal stamp duty of 3%.

For studio or 1 bedroom unit, my opinion is to buy ONLY in town as the demand for smaller units are stronger in these areas. For small units in other locations, rental demand may not be as strong and you may face challenges renting them out.

I have shortlisted some projects for my investors to consider when investing in studio/1 bedroom unit. Please feel free to contact me so that I can understand your needs and share with you further!

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
(W) www.nick-tan.com

Testimonial from Satisfied Clients (2015/2016)
“Nick is a responsible, efficient and excellent salesperson. He has very good knowledge of the real estate market and I benefitted 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) Read More
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Robbie Chen Chee Howe
Hi Ms Anam,

I would say it is a wise choice of you to invest in Singapore.

However, please do not just buy anywhere in Singapore. This is a very high risk thing to do. For investment, you should look at only those locations that has better upside over the rest, and only developments that are priced right.

The initial cash outlay needed will be as follows:
20% Cash downpayment (Up to a maximum loan of 80%)
3% Buyer Stamp Duty of purchase price
15% Additional Buyer Stamp Duty of purchase price
Legal Fee (approx $2,500)

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 in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More
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