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Hi,

For the cash needed to get a 3rm or 4rm from open market very much depends on a few factors

1) Your loan eligibility
2) The purchase price of your unit (also the cov involve)

Basically if you are taking a HDB concessionary loan, you may get up to 90%

For bank loan, it would be up to 80% which 15% downpayment can be pay by cpf/cash and the remaining 5% must be paying by cash and on top of that, any cov/agent fees would be the additional cash needed.

Should you have any queries, feel free to contact me at my mobile no. I would gladly be of a service to you.

Shawn Yim
CEA Reg. No: R049796J
Propnex Realty Pte Ltd
HP: 9695 4627 
Email: sean_5832@yahoo.com Read More

Good morning,

As of the current ruling, you can buy HDB unit under single scheme. The amount of loan that you will be eligible for, the pricing of the unit that you are buying and the amount of CPF that you will be having will decide the cash component factor. Furthermore, it will be another year or so before you are eligible for the purchase and rules might change before you get there. Hence it would be more prudent to work on the situation when it's nearer.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More