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Hi Guru,

I'm currently 26 years old Singaporean, Looking for private condo range ($350,000 ~ $450,000)
Planning to get it in 3 - 5 years time.

Monthly Income $3500 (include CPF, Exclude AWS & bonus)
Savings 30k CASH + 20k CPF - Target to have total 100k ~ 120k by the time.

My Requirement:
Similar to High Park Residences Condo
350k - 450k - Studio / 1 BED / ( 2 Bed if Possible )
Hopefully Loan 350k for 25 Years (65 - 70%)
Currently No Debt, Car & Loan.

Your Advice is needed for the next upcoming Property, Bank Loan, Location and future plans.
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2 Answers

GAN ENG JOO ONASSIS
Hi,

Re: Our Preferred Experienced SG Realtor

Punggol BTO HDB now close to 500K, the private condo will be much higher. When you ready to purchase, you can contact me anytimes or go to SGhouses.com my personal website to see my profile.

Call us now, we can explore further in detail.

We are contactable at 92222389  or onassis@sgrealtor.com.

In all Areas of Singapore. Sale/Buy/Lease/Rent, Please call and/or drop me an email me. I’m always at your Services.

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YT Tan (陈永达)
Good evening buyer,

Usually these are the expenses that you need to fork out for a property purchase provided you are able to obtain a 80% bank loan (still subject to total debt servicing ratio):

1) 5% cash downpayment
2) 15% CPF OA or cash downpayment
3) estimated 3% buyer's stamp duty
4) $2.5k legal fees
5) $500 stamp duty for mortgage
6) other misc fees

For instance, a property costs $600k. You will require at least $138k (23% of purchase).

Hope my explanation helps! Cheers

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Vice President (Agency)
R043025D
Property Avenue Pte Ltd
Estate Agent no. L3010650D
Blk 420 North Bridge Road #03-30 North Bridge Centre S188727

(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W): www.yttan.com
(W): www.propertyavenue.com.sg Read More
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