Hi,
My suggestions would be as follow:
1) Check your eligibility, see whether any of the eligible criteria fits your current situation:
https://services2.hdb.gov.sg/webapp/BP13EligCheck/BP13SHome?strSystem=CHECK
2) Once confirm you fit the criteria, look into your financial status and decide which can provide you a comfortable financial plan:
(a) HDB Loan: min 10% down payment, max 90% LTV: https://homes.hdb.gov.sg/home/calculator/payment-plan
(b) Private Bank loan, min 25% down payment, max 75% LTV: Check with the bank you preferred and ask for IPA assessment.
Apply your HLE (HDB loan) here:
https://services2.hdb.gov.sg/webapp/BP27AWHLEApplication/BP27SHome
3) Based on your needs and wants, select an estate or a few estates and flat types that best meet your situation. You may browse through all property websites to understand the market.
Or use the following link to see what are the median price of various estates:
https://www.hdb.gov.sg/cs/infoweb/-/media/doc/CCG/23042021---Public-Housing-Data/23042021-Annex-C.pdf
4) Once you are ready. Make sure you did the following before stepping out to start your viewing:
(a) Register Intent to Buy (valid for 12 mths)
(b) Received your HLE or IPA
(c) Check the past transactions before heading out to negotiation
Hope the above answer to your main concerns, but if there are more query, 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
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer
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