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Good afternoon landed buyer,

If you still have an outstanding housing loan, you are only able to loan up to 50% (still subject to TDSR). Your 50% downpayment will be comprising of 25% cash and 25% CPF/ cash.

You will be subject to 7% additional buyer's stamp duty if you are a SC.

Another to take note: if you have utilized CPF OA funds in your current property, you have to set aside a minimum sum of $77.5k in your CPF OA + SA before you can use the excess to purchase the landed property.

FYI only SC are eligible to purchase landed property in Singapore. SPR and foreigners have to apply for approval from SLA's Land dealing units before they can purchase one. If not, alternative will be landed in Sentosa.

Hope my explanation helps!

If you need any assistance in your property purchase, feel free to contact me. Cheers!

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
District Director
ECG Property Pte Ltd
(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W): www.yttan.com Read More

Hi,

With an outstanding mortgage, your next property loan can only be up till max 50%. Downpayment will be 25% cash n 25% cpf. This applies for resale landed.

Landed properties (under construction) from Developer Sales follows the progressive method, a different payment structure.

If you are a SC, 7% ABSD is also applicable, and you have to set aside 77.5K in CPF before you can use any excess CPF monies for 2nd property.

For landed property, non-citizens (including SPR) have to apply for approval with LDAU at SLA before they can ink any option to purchase. Thanks and may I understand your requirements further?

Warm regards,
Ivan ERA
 97432395 
ivanng10@gmail.com
www.ivanng10.com Read More

Hi,

Please feel free to contact me, I'll be happy to assist you to find your dream home.

Rayla Shao Min
Propnex Realty Pte Ltd
Mobile: +65 8133 0696 
Email: shaomin@propnex.com Read More

Hi there,

Please feel free to contact me at 96659926  for a non obligatory discussion for me to better understand your requirements and specifications to be in a better position to advise you further on your enquiries.

Based on your budget,needs and preferences, I will come up with a customized list of units to view, which works efficiently and effectively.

My services cover you through the whole process from finding the perfect property to negotiating for the best price to post deal paperwork to establishing financial calculations and ascertaining risks. I will provide you with a comprehensive sales report of properties in the desired location, make available to you recent live transactions for your understanding,share on financial calculations,if needed and make available rental yield and capital appreciation information.

Do visit my website to view my testimonials/recent awards and gather more info on me: www.kumarrai.com.
Look forward to hearing from you! Have a great day!

D Kumar
 +65 96659926 
ERA Associate Division Director
www.kumarrai.com
www.singapore-newproperties.com
dkumar@era.com.sg

About Me-
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