7 Answers

Daniel Tan
Hello!

Good day to you!
I’m Daniel Tan from Huttons.

Based on your estimated sum, I believe you can have a good selection of units that you can choose from; be it new projects or resale.

Yes! based on current regulation, you can rent out the private unit once you take possession, as private property do not need to be owner occupied or the need to fulfil MOP(minimum occupation period).

I have a few great projects that I would love to share with you. Please contact me to find out more on what are the choices available for you in the market now.

Any other queries?
Please always feel free to contact me for a non-obligated discussion on how I can assist you with your real estate needs.

Have a great day ahead.

Best Regards

Daniel Tan
Huttons Asia Pte Ltd
(+65) 94775100
daniel.tck@outlook.com Read More

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Ivan Ng
Hi,

Are you an owner in your parent's HDB unit? If so, you have to meet the MOP before you can invest in condo. If you have met MOP or this condo is your 1st property purchase, sure with 7.5k gross monthly income and without other debt obligations, the loan you can qualify for + the 160K downpayment you have, will give you various 1BR and 2BR options. Will be glad to share with you some of the value-buys near MRTs.

Regarding the 2nd enquiry, may we discuss over email as I need more details to share more? Thanks and hope to understand your investment requirements further before value-adding.

Warm regards,
Ivan ERA
97432395
Ivanng10@gmail.com Read More

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YT Tan (陈永达)
Good morning buyer!

Maybe you can share more information so I will be in a better position to advise you?

1) Are you a Singaporean or SPR? (ABSD might be involved)

2) As you mentioned this purchase will be your first property, I will assume you have no financial obligation or ownership in your parents' current property.

You can continue to stay with them and rent out the purchase as a investment property.

Btw have you consult any banker on in principle approval?

It will be best to have a valid IPA before house hunting. Why not let my banker advise you on it and we are good to go from there.

Hope to hear from you soon!

Enjoy your sunday!

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

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Tan Han Wei Leonard
Good day to you,

I understand that you are looking to purchase a property for investment and passive income. May I understand what are your requirements in greater detail so that I will be able to better advise you accordingly?

Look forward to hearing from you to better address your needs.

Best Regards,

Tan Han Wei Leonard
ERA Realty Network Pte Ltd
BSc Management (UOL)
www.leonardtan-property.com
Leonardtanhw@gmail.com
9150 1162 Read More

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Vincent Ong
Hi, I have a unit $750K, 2 bedrooms and around 700 sq.ft. suit your budget. Text me your email address and I will forward you the details and images. Of course, you can rent out this condo and stay with your parent. Nice unit. Thank you, Regards Vincent Ong DTZ, mobile: 97959813, email: agentsworld2014@gmail.com. CEA reg: R052784C Read More

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CK Ang
Hi, with your cash and CPF, the other component is the TDSR. I can recommend a good banker to assist you on the loan capacity.
I am reachable at my mobile.

CK Ang
9046 3808
PropNex Read More

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Geryl Lim
Dear buyer,

The numbers you have provided definitely looks promising in your aspiration to purchase a private residential property to kickstart the whole investment process being your 1st property. As long as you are able to secure the housing loan for financing this property, you are able to purchase and rent out your private home while staying on with your parents in the HDB still. The only consideration perhaps will be in future when you plan to settle down and start your family, you may not be eligible to purchase a brand new HDB directly from the HDB due to your ownership of a private property and you will need to sell your private property should you decide to purchase a resale HDB based on the current regulations.

Give it a good thought and let me know how I may assist you further. Perhaps the very first step is to do a financial assessment on your loan eligibility before moving ahead. Get in touch with me soon.

Visit and Like my facebook page at https://www.facebook.com/propertyblogshop

Regards,

Geryl LIM
Real Estate Director
Masters Of Real Estate
M.O.R.E Property Pte Ltd (L3010548F)
CEA Reg R014783H
Mobile: +65-81577565/+65-92787772
Email: geryl7772@gmail.com

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