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Hi gurus, I'm a 33 year-old SPR who is exploring a resale condo, preferably 2-room type. My annual income is circa $100K without any other financial commitments, whilst holding $100K of combined cash + cpf. Please advise if any available units which offer higher evaluation price that could offset the upfront cash deficit, many thanks.
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Hi Shawn,

Have you checked with a banker as to what is the maximum loan amount and tenure that you are eligible to? As a SPR, you will also be liable for the Additional Buyer Stamp Duties of 5% on top of the normal stamp duties.

For your income level, you should be able to buy a 2bedroom condo unit in various locations. Feel free to contact me so that I can discuss further and share with you some of the areas that have redevelopment and upside potential.

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nicktan@propertyavenue.com.sg
(W) www.nick-tan.com / www.propertyavenue.com.sg

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