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Hi,

There are 2 ways to interpret your question:
(a) Money; mainly refer to cash
(b) Money inclusive of cash + CPF

(1) A straight forward answer to (a), is to apply for BTO. As you might not be aware that almost everything can be pay using CPF.
10% downpayment + 90% loan, all can be pay using CPF, inclusive of the option fee paid in cash earlier can be refund if there are sufficient CPF in your OA.

(2) Straight answer to (b) would be a smaller flat + non-mature estate.

The 4 estates listed, Tampines is a mature estate, thus the flats over there are more expensive compare to others.

Tanah Merah area, majority are old flats; more than 35 yrs old except for a few blocks at and about 13 yrs old. However the selling price there are very high.
Both Simei & Pasir Ris have more of what you are looking for, lower selling quantum, 4-rm flat, corner unit, near MRT. If balcony is higher priority in your selection, then more flats in Pasir Ris has such feature.

With your current financial status, I would suggest you to select something around $350k, where you only need to loan $280k, 25 yrs loan repayment, monthly installment of $1,270 shuld be quite comfortable.
Your combined CPF contribution is $1,020 + cash $250 is manageable. You also have a better chance of early repayment with this approach.

Hope the above answer to your main concerns, but if there are more queries, 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
 90110636 
ling.ck7@gmail.com

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Hi Mdm,

Based on your cash of $10k, your options will probably be limited to HDB flats, as private condo requires you to put down minimum 5% cash.

From your criteria, I may have a unit that is suitable for you. Unit is renovated 3RM HDB located within walking distance to Tampines and Simei MRT stations. Do let me know if you're keen to explore.

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

Hi,

Thank you for your query!
As this is your first time purchase, it is apt to have yourself guided and walked step by step to ensure you do not overpay in the process of unfamiliarity and shortchange yourself on a good deal and paperwork conditions etc. As a realtor with years of experience and awards, it is my duty to assist you on leveraging on the weak market to pick out a unit as per your requirements and conduct negotiation. You can easily asses my proven track record and recent coveted awards & testimonial on my website to ascertain the commitment, dedication and integrity I uphold in representing my client's welfare and interest to get them the best possible deal.

Let's speak further at 96659926  to discuss more comprehensively on the crux of your requirements & expectations- to enable me to deliver a more accurate financial projection and breakdown of cash flow for your purchase after understanding your finances succinctly, so as to explore the possible options accordingly at no obligation. I will walk you through the entire purchase- from shortlisting, to negotiation, to establishing loan matters and working out finances (cash/cpf/progressive payment), paperwork, sorting legal matters, providing you with recent up to date transaction caveats for benchmark pricing as well as furnish you with a customized sales report & indicative valuations.

If you are comfortable with my working style, I am more than glad and confident to work for your interest to to guide to you to your ideal property. Visit my website for my recent accolades, awards and testimonials@ www.kumarrai.com.

D Kumar
 +65 96659926 
ERA Associate Division Director

#1 team of ERA in Singapore, Asia Pacific International for 2014/5/6/7

ERA 2015 Q1 Top Achievers (Top1%)
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ERA Multi-Million Dollar Club Award
2014 ERA Asia-Pacific Business Conference Elite Award

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