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Hi! No worries about being unfamiliar, it will be my honour and duty to walk you through the entire process of purchasing properties and to explain on the financial caluations along the way. Planning to purchase a property should be a joyous journey when you met the right agent. :) and yes you are right, a bank loan will be required for buyers not purchasing properties in full cash.. To further access your financial eligibility, you will require professional mortgage bankers to liaise with you to give you an in principle approval of how much loan you are eligible for. I have a few resourceful bankers working alongside with me whom I can introduce to you. Do give me a call at 92273334  or email Carelyong@gmail.com at your convenient hours for a non-obligation discussion. I would be honoured to be able to assist you to purchase your dream home. Thanks for reading. :) Carel Yong, Propnex. Assoc. Team Director. Read More

Good evening, Do share with me how much cash do you have on hand thus I can further advise you. Nowadays a reasonable priced new 1 bedder will cost around $600k. Thus you will need around $140k in cash and CPF OA for this purchase. This sum will be funded to 20% downpayment (5% cash and 15% CPF or cash if shortfall), estimated 3% buyer's stamp duty, $3k legal fees, valuation fee, stamp duty for mortgage etc. In order to gauge how much you can obtain, I will ask my banker to advise you on your in principle approval. Hope to hear from you soon! Cheers! 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