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Hi Gurus. Need some advise. I sold my 5 room flat in March and have 100k plus in cash and about 150000k in cpf. I have not been living in Singapore for the past 11 yrs but someday hope to return home. What should i do as I have limited knowledge of property investment. Thanks a lot.
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2 Answers

Mike Lim
Replied
Afternoon,

Being away for 11 years, I would assume that you are SC and have being making good progress in HK. With the amount the monies you have at hand, you can purchase 3 room HDB unit with $100k plus loan or purchase 1 bedroom condo with additional loan of around $450k. Hence we need to work on your loan ability, repayment period and employment situation.

Do feel free to contact me for further discussion.

Regards
Mike Lim
 96929209 
CEA Reg No: R026708F
Email add: m52i@yahoo.com
ERA Read More
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Geryl Lim
Replied
Dear sir/madam,

The cash and CPF outlay upfront is pretty healthy, however, key issue as Mike has mentioned is how much funds do you intend to put into this purchase. We need to understand if you do have any intention to move into this property that you have intention to purchase.

Regards,
Geryl LIM
Real Estate Consultant/District Manager
CEA Reg R014783H
Mobile: +65-81577565 
Email: lim.geryl@yahoo.com.sg Read More
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