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Dear SPR buyer,

It is advisable to work with a banker to determine your financial standings to find out what are the unit types you are eligible for. A minimum of 5% cash outlay of the purchase price is required, not to forget the miscellaneous fees (e.g. legal fees).

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Hi buyer,

Most importantly you need to consider the cash reserves that you have at the moment.

Besides the 5% downpayment (could be more if your 80k in CPF OA is insufficient), there's about 8% you need to fork out for stamp duties and legal fees.

Feel free to contact me at your convenience, and I'd get my banker to do an assessment on your loan eligibility, before you proceed to make any commitments.

Thanks and regards,
Teck Chuan, Ng
BBA (Finance), NUS
ERA Realty Network Pte Ltd
Mobile: 9137 4602  Read More

Hi,

It depends on the cash you have on hand and the loan you are eligible for. Typical breakdown for SPR 1st residential purchase as follows:

Cash 5%
CPF 15%
Total Stamp Duties and Legal Approx 8%
Max Bank Loan 80%

There are some value buys 1 bedders at around 600k thereabouts. May I understand your requirements further so to value-add better to your plans? Thanks and hope to hear from you again.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

Email: Ivanng10@gmail.com
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Hi

First, check the amount of saving that can be put aside for buying a condo.

Second, check the OA account in the CPF for the amount to use ie $80K

Third, speak to a banker for an IPA (In-principle-approval) on the loan quantum. Should you need me to refer to bankers, SMS 9620 0827  .

Fourth, once you have done the above call 9620 0827  or email gavin.ng@orangetee.com. We will do a financial simulation on your purchase.

Buying a home can be simple.

Cheers!

Gavin Read More

Good evening buyer,

I will love to assist you in being a property owner.

But first and foremost, kindly share more information with me. May I know how much cash do you have on hand?

Minimum 5% cash outlay (of purchase price) have to be made in a purchase.

Hope to hear from you soon!

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Vice President (Agency)
R043025D
Property Avenue Pte Ltd
Estate Agent no. L3010650D
Blk 420 North Bridge Road #03-30 North Bridge Centre S188727

(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W):www.yttan.com Read More

Hi,
I assume you are looking for condo to move in immediately.

To purchase a condo at the price of 600k, the min initial down payment is around 170k. The break down cost are
- 5% , cash
- 15%, cash or bank loan
- 3% stamp duty, cash or CPF
- 5% ABSD, cash or CPF

It will be good to compute the estimated bank loan amount so to work around your budget.

To assist and advise you more in details, kindly drop me an email for me to share.

I am contactable at my mobile or email.

CK Ang
 9046 3808 
res.ckang@gmail.com Read More