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Hi,

In generally, "Yes", you are entitled to 80% loan amount. However, whether or not the bank provide such loan, also looking at your TDSR assessment.

Do note if you intend to utilize CPF for servicing the mortgage, you have to keep BRS before utilizing the rest for the mortgage.

Hope the above answer to your main concerns, but if there are more queries, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com

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Good evening,

If you have good credit record and income status, you should be eligible for 80% loan since you have cleared your first mortgage.
However, ABSD will be payable. If you have utilized CPF OA for your first property, you will also need to set aside the Retirement Sum before you are eligible to utilize the balance.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA

Looking for an experienced agent with knowledge on sales and purchase of residential property in Singapore?
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Good evening buyer,

you will be eligible for up to 80% max loan since you dont have any outstanding housing loan. But do take note that it will still be subject to total debt servicing ratio and will reduce to 60% if you wish to take up a longer loan tenure that you should be entitled to.

By the way, do take note of these cooling measures as well.

1) 7% additional buyer's stamp duty as Singaporean
2) need to set aside $85.5k in your CPF OA + SA first before you can use the excess CPF OA funds in this purchase.

Hope my sharing is informative and value adding towards your property purchase.

May I know how can I value add in your property needs?

Perhaps we can meet up over a cup of coffee to discuss and explore your options after i share more with you on current market. I will always want the numbers to make sense to my clients first before they commit into a purchase. And if I am able to help you in tax savings and ability to use all the CPF OA funds, why not?

Hear from you soon!

"Your Freehold Ally, Leasehold Tactician"

YT TAN 陈永达 | ACCA Graduate, RES
Associate Group Director
R043025D
Propnex Realty Pte Ltd
Blk 480 Lorong 6 Toa Payoh, #11-95 HDB Hub East Wing, Singapore 310480

(M): +65 9111 5171 
(E): yt.tan91115171@gmail.com
(W):www.yttan.com
(FB): www.facebook.com/yttanassetprogessor

Accolades:

Platinum achiever (Clock $100k commission within 1 month) August 2017(Propnex)
Top Individual Achiever August 2017(Powerful Negotiators Group)
Top Private Property Transactors January 2017 (Propnex)

Find out your property value for FREE on a monthly basis. Simply sign up by clicking the link below:

http://bit.ly/yt_proptrack Read More

Good evening buyer,

you will be eligible for up to 80% max loan since you dont have any outstanding housing loan. But do take note that it will still be subject to total debt servicing ratio and will reduce to 60% if you wish to take up a longer loan tenure that you should be entitled to.

By the way, do take note of these cooling measures as well.

1) 7% additional buyer's stamp duty as Singaporean
2) need to set aside $85.5k in your CPF OA + SA first before you can use the excess CPF OA funds in this purchase.

Hope my sharing is informative and value adding towards your property purchase.

May I know how can I value add in your property needs?

Perhaps we can meet up over a cup of coffee to discuss and explore your options after i share more with you on current market. I will always want the numbers to make sense to my clients first before they commit into a purchase. And if I am able to help you in tax savings and ability to use all the CPF OA funds, why not?

Hear from you soon!

"Your Freehold Ally, Leasehold Tactician"

YT TAN 陈永达 | ACCA Graduate, RES
Associate Group Director
R043025D
Propnex Realty Pte Ltd
Blk 480 Lorong 6 Toa Payoh, #11-95 HDB Hub East Wing, Singapore 310480

(M): +65 9111 5171 
(E): yt.tan91115171@gmail.com
(W):www.yttan.com
(FB): www.facebook.com/yttanassetprogessor

Accolades:

Platinum achiever (Clock $100k commission within 1 month) August 2017(Propnex)
Top Individual Achiever August 2017(Powerful Negotiators Group)
Top Private Property Transactors January 2017 (Propnex)

Find out your property value for FREE on a monthly basis. Simply sign up by clicking the link below:

http://bit.ly/yt_proptrack Read More

Hi there,
Thank your for your reply.
Assuming good credit stats, you will be eligible for up to 80% max loan without any outstanding housing loan.

However pointers to take note of :
-Total debt servicing ratio
-7% additional buyer's stamp duty as Singaporean
-Setting aside $85.5k in your CPF OA + SA first before you can use the excess CPF OA funds in this purchase.

Perhaps you could share more on your requirements, preferences and finances on hand (cash/ cpf OA sum) for me to be in a better position to advise further. With that in mind, I will be able to conduct a comprehensive financial cash calculations and progressive payments w timeline to asses which residence option will best suit your interest and property portfolio. Best, to take this step by step, with a long term perspective ; % scope of appreciation and capital gains in mind.

Furthermore, it will be apt for me to map out the live transaction caveats and illustrate the price analysis ( capital gain / rental & sales report ) to explain in depth more on the procedural framework involved. You can also take this opportunity to clear your enquiries allow me share more insights to the market & suggest alternatives to leverage on the weak market accordingly! To reiterate, there is no agent fees involved ; so my consultation and service will come at no cost and you are walked step by step throughout the process. Do visit my website for my high level of awards and testimonials! Look forward to your reply!

D Kumar
 +65 96659926 
ERA Associate Division Director

#1 team of ERA in Singapore, Asia Pacific International for 2014/5/6/7

ERA 2015 Q1 Top Achievers (Top1%)
ERA Top Achievers 2013-2017
ERA Multi-Million Dollar Club Award
2014 ERA Asia-Pacific Business Conference Elite Award

P Group
Overall Top 100 achievers 2014-2016 Read More

Dear Sir/Mdm,

Congrats! You will be able to leverage fully and take a 80% loan for your next property purchase. However, my colleagues have shared that you will need to include the Additional Buyer Stamp Duty (ABSD) and the CPF usage restrictions in your financial plan.

There are plenty of options that are available in the market currently and it is important to purchase a project which is able to generate a steady stream of passive rental income easily and has good potential of capital appreciation.

Please feel free to contact me so that I can understand your needs and objectives better and also share with you further on the outlook of our property market.

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
(W) www.nicktan.com.sg

Featured on Council for Estate Agencies (CEA) Newsletter:
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Mr and Mrs Chan (Sold and Bought a property through Nick) Read More

Hi,
You are eligible for 80% loan since your 1st property already fully paid. Kindly drop me an email for me to assist you to compute the loan quantum.

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

Hi Yes you are, provided there are no other outstanding loans. Do contact me at 97970200  to discuss more

Mark, your RIGHT choice
MCG Read More

Hi,

Congrats to you for your fully paid condo!

If you're planning for a second property purchase, you can borrow up to a maximum of 80% loan, subjected to TDSR requirements.

Do take note that ABSD for second property is applicable.

Should you need any further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you and your partner in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More

Whatsapp to 8279 8327 

Our charges are 1% commission for sales ..

Owners / landlords need property agent in sg ( agt ) to rent out or sale of your property
please contact handphone whatspp text to 8279 8327 

Xu zhen feng
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