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Hello, I'm Single Singapore, 36 yrs old.
Month income is around $3000 per month. I have cash $50k and OA CPF $30k. First-time buyer.
Please advise if I buy an HDB resale house amount of $430k. May I apply the balance of $350k from the HDB loan?
Thank you.
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2 Answers

Hi,

1) According to MSR assessment, your loan amount should properly around $179k.
2) Therefore with your current financial status $430k is beyond your reach at the moment.

Hope the above answer to your main concerns, but if there are more query, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
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YT Tan (陈永达)
Good evening w,

Your HLE estimated around $198k. If you have the finances on hand along with first timer singles grants (CPF housing, EHG and proximity grants), maybe can stretch around $320k.

Hope my sharing helps in aiding in your enquiry. May I know how can I value add further in your property needs?

Best regards,

YT Tan
Property Kaki
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