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Good day Mr. W Ng,

Recent transaction shows that the cheapest condo units were sold above $570K. Those rare units of around $500K were snapped up almost instantly during recent new launches with expected TOP mid 2018 or later, while those with expected TOP end 2015 would be asking for not less than $600K now.

A recent check with different banks for my clients suggested that one has loan restriction for units in Geylang Lorong 30 and below, while another was able to provide verbal loan approval for property in Geylang Lorong 28. Hence, it is best to check with banks or loan brokers personally to get accurate and the latest update.

If you are able to stretch your budget to $579,150, I would like to recommend The Santorini at Tampines Street 86. There are very limited 1BR unit under the $600K mark still remaining here and elsewhere, this shows the popularity of such units and the potential high return. Please hurry and not miss these fast moving units.

For more information including floor plan, please visit: http://www.propertyguru.com.sg/listing/17843421/for-sale-the-santorini

May I clarify if you were considering this as your second property when you indicated that you incur 7% ABSD? Kindly contact me at anytime to your convenience for a detailed cash flow analysis and find out several other funding options offered by banks here.

Thank you and have a pleasant week ahead.

Warm Regards,
Karrien N. Chan
CEA Reg. No.: R052532H
Mobile: +65 822 50 212
Email: karrien.realty@yahoo.com

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