2 Answers

Peng Robert
hi Chene,

I'd like to answer all your questions. Could you kindly drop me a mail?

Best Regards,
Robert Peng
Huttons Asia Pte Ltd
CEA Reg No: R042525J
Mobile: +65 9800 1968
Email:Robertpeng001@gmail.com Read More


Soh Huan Yao (Stanley)
Hi Chene,

I assume this is your first house so which means you are able to get a max 80% loan subject to bank approval.
The 20% will be broken down to 5% cash and 15% cpf and/or cash.
The 15% most likely you would need to top up cash as you only have contributed for 2 yrs.
As this is your first property, you can utilise all your cpf.
The other cash portion would be stamp duty (paid within 2 weeks of signing OTP), legal fees (usually bank would subsidise it).
I would advise to plan out your finacial flow:
1) How much cash/cpf on hand?
2) what is the loan quantum you can get?
3) from the above 2, work out a comfortable budget and search for your new home.

Most people would be needing to plan out the cash portion.

Let me know if i am ale to assist you.

Stanley Soh
Email: stanley.sohhy@gmail.com Read More