2 Answers

Sunny Tham (Ms)
Hi Russell,

Thank you for posting your question.

Your question is the most important one for any real estate deals: Affordability. It is important for you be comfortable in paying your monthly home loan.

To answer your question, other factors must be considered, age, other loans, credit history.. etc.

I would like to introduce my banker to you and she can give you a credit assessment without obligation, and let you know which private condos is within your budget.

Do call/sms me and I wil have my banker contact you promptly.

Have a great day!!

~Sunny Tham
Mobile: (65) 9669-8312
Email: sunnytham@ymail.com
Sunny Tham (Ms)
Hi Russel,

Thank you for replying.

With a 600K budget, I have the following 2-bedroom units that I think you will be interested.
(year in parentheses is the completion date)

1. Parc Vista (2000) [Jurong] (1055 sq ft)
2. Guilin View (2000) [BUkit Batok] (861 sq ft)
3. Regent Grove (2000)[Choa Chu Kang] (926 sq ft)
4. Regent Heights (1999) [Bukit Batok] (1023 sq ft)
5. Casablanca (2006) [Woodlands] (~950 sq ft)

For monthly loan payment for a ~600k condo unit
=> 80% loan approved @2.65% for 30 year term, monthly payment = approx $2000
=> 90% loan approved @2.65% for 30 year term, monthly payment = approx $2200

Other fees to consider:
(a) Stamp Duty (3% of purchase price - 5400)
(b) Legal fees: around 3k

Feel free to call/sms me to set up appointments to view the above units. Let me know if you prefer other areas.

Have a great day!!

~Sunny Tham
Mobile: (65) 9669-8312
Email: sunnytham@ymail.com