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Hi, I’m a SPR who’s looking to buy a property for my own stay. Due to the nature of my identity, I’m only entitle to private property.

I’m currently holding 55k cash and 25k CPF. Does not have any liability. Monthly take home salary about 3k.

Looking for a cozy home for one person stay, either studio or one room. Any great recommendations?
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7 Answers

Robbie Chen Chee Howe
Hi,

For all property purchases, you will have to have a minimum of 25% downpayment, excluding all the stamp duties that you will incur. This is provided you can also qualify for max of 75% loan for the property.

Based on your current cash and CPF holdings, you could only probably purchase something that is below $300k, even though you could loan more.

Unless there an avenue where you can get in extra source of funds, I think it will be hard for you to find a private property that is under $300k in Singapore.

I am experienced and well-versed in both private and HDB resale transactions. I will be able to assist you on your property plans.

Should you need require 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 in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More
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Appreciate your sharing, base on your income at the moment. I can propose to continue to save up for the down payment for the 1 bedroom or studio unit which cost $700K above in today's market. Or likewise to get a spouse and plan for future. Welcome any question at 9696 4398  . Stewart-PropNex Read More
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Hi I may have a suitable place for you. Do contact me at 97970200  to discuss more

Mark, your RIGHT choice
Propnex Read More
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Hi there,

Thank you for your query.
To be fair and honest , any advise or computation given here would be brief , and not tailored succinctly for your proposed plans. To be able to assist more effective, perhaps you could contact me so that I can address all concerns and run you through the exact financial calculations and financial plan for your purchase to ascertain your feasibility. From there , I can narrow down your options and advise which will value add your portfolio. I have held many such cases in my career and will be glad to offer advise and insights as a form of preliminary discussion to expedite your plan. It will also be useful for me to run through transaction caveats of your property and customise and sales and purchase report for your understanding and perusal.

Please visit my website : www.kumarrai.com for all the up to date awards, testimonials and accolades. Thank you very much!

D Kumar
 +65 96659926 
ERA Associate Division Director
#1 team of ERA in Singapore, Asia Pacific International for 2014/5/6/7/8/9

ERA 2015 Q1 Top Achievers (Top1%)
ERA Top Achievers 2013-2019
ERA Multi-Million Dollar Club Award
2014-2019 ERA Asia-Pacific Business Conference Elite Award

P Group
Overall Top 100 achievers 2014-2019 Read More
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Dear sir/mdm,

Your cash and CPF portion makes up a total of $80k and considering that you have set aside additional funds for the miscellaneous fees like stamp duty, this $80k making up for the downpayment of 25% means your purchase price should be in the range of $320,000 maximum.

At the quantum price, I am afraid there is no units available to consider for a private home.

Warmest regards,
Geryl Lim
Associate Deputy Group Director
Salesperson Registration No. R014783H
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
[main] +65 6471 8888  [mob] +65 81577565  [LDA] +65 92787772 
www.geryllim.com
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OHMYHOME PTE LTD
Greetings from Ohmyhome!.

We are able to assist you on this matter.

For more information, kindly contact us at 68869009  or WhatsApp us at 97551009  .

Richmond Chia
Senior Advisor
Ohmyhome Pte Ltd Read More
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Hi Sir/Madam

I will be glad to assist
No agent fee from private property buyer

I won't be able to contact you first as I do not have your contact, appreciate if you can contact me at (65) 96608508  or Silviayang8@gmail.com
or click here https://bit.ly/WaSilvia to whatsapp me for no obligation discussion
Thank you.

Warmest regards,

Silvia Yang

PropNex Realty Pte Ltd
Mobile: (65) 9660 8508 
Email: Silviayang8@gmail.com Read More
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