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Hi Guru, im singaporean aged 26, would like to purchase a private property, Could you advise on what kind of property i'm eligible in and how much will it cost for the downpayment before the yearly instalment etc?
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5 Answers

Mike Lim
Replied
Evening Ai Ting,

For SC, you are eligible to purchase almost all type of property. The major factor would be what sizing you prefer and your budget.

Do feel free to contact me for detailed discussion.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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Ivan Ng
Replied
Hi Ms. Ai Ting,

As a Singaporean, you are eligible to purchase most kinds of private property. It depends on your preferred price range, the locality and size. For a 1st property purchase, downpayment will take about 23% on the purchase price, payable within 8 weeks. Breakdown as follows:
5% cash (minimum)
15% CPF
3% Stamp Duties & Legal Fees
80% max bank loan.

Thanks and may I understand more of your housing requirements before value-adding further? Any project or location which may have caught your eye? Thanks!

Warm regards,
Ivan ERA
 97432395 
ivanng10@gmail.com Read More
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  • AT
    Replied
    Hi Ivan,

    Thanks for the breakdown which given me much more clearer understanding.As I making my choice now,aside for landed property, i understand EC seems to be the only choice. Am i right ?

    Thank You
Angie Cheong
Replied
Hi Ai Ting

If you don't mind, I could sit down with you and work out the math with you so you could also make a more informed decision about your purchase.

Please do not hesitate to contact me at 94778617  .

Angie Cheong
Associate Director
HSR International Realtor Pte Ltd
R046302J
 94778617  Read More
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Geryl Lim
Replied
Hi Ai Ting,

As a single, you will only be eligible to purchase a resale EC. If you are able to determine your financial positioning, I will be able to advise better what your variety is.

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/

Regards,

Geryl LIM

Real Estate Director

Masters Of Real Estate

M.O.R.E Property Pte Ltd (L3010548F)

CEA Reg R014783H

Mobile: +65-81577565  /+65-92787772

Email: geryl7772@gmail.com Read More
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Aaron Chong
Replied
Hi Ai Ting, usually for single buyer, they would go for a 1 or a 2 bedder condo unit. And if price is of a major concern to you, may I suggest a few projects like Santorini or 1suite Condo where a 1 bedder will be below 600k.

Regards
Aaron
 97308455 
aaronchong2774@yahoo.com.sg Read More
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