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Good morning! You should be able to obtain up to 80% loan as you currently don't have any outstanding loan. You should be able to take up loan tenure of 25years as both of you are in mid 30s. I can ask my panel of bankers to advise you on your in principle approval as it will still be based on total debt servicing ratio of 60% on your combined income. As for the minimum sum to have in OA + SA you must have before you can utilize on second property purchase, its $74k. This scheme is different from the 55 years' minimum sum, the amount applicable is $148k. Maybe you can share with me how much OA + SA do both of you respectively have so I can draft out a financial plan for you to see what will be your ideal budget. Hope to hear from you soon! Have a great weekends! Warmest Regards, YT TAN 陈永达 | ACCA Graduate, RES Senior District Manager R043025D ECG Property Pte Ltd (A Wholly Owned Subsidiary of ECG Group of Companies) Estate Agent no. L3009759F Blk 190 Lorong 6 Toa Payoh #05-508 S (310190) (M): +65 9111 5171  (E): yt.lovelyhomes@gmail.com (W): www.yttan.com (W): yttan.stproperty.com.sg/ (W) www.lovelyhomes.com.sg (W) www.ecgproperty.com Read More

Good day sir / madam .......yes ABSD payable and minimum 74k cpf to be set aside if you wish to own 2 properties.....ABSD is also payable if your family try to de-couple the HDB cos BOTH of you are not singaporean ........however no ABSD payable if you buy private after selling hdb.......no need to set aside minimum 74k Cpf if you buy private after selling hdb .......may i offer my housing services .........My charges are 1% commission for exclusive selling rights to your property..........Or 2% for open listing..........Kindly contact me for a NO OBLIGATIONS chat for your housing needs ........ Joanne chia ..........Huttons real estate ............Hp 8333 3327  ...........Chia_joanne@yahoo.com.sg Read More