3 Answers

Ivan Ng

If this is your 2nd loan for pte property, the max loan will be 50% of purchase price, with 25% cash and 25% cpf as downpayment. There will also be relevant stamp duties (10% if SC). Perhaps we can discuss further to see if we can structure an investment solution for your Objectives. Thanks and hope to discuss further.

Warm regards
Ivan ERA
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YT Tan (陈永达)
Good afternoon buyer,

As you have an outstanding loan, you can only obtain up to 50% bank loan. Thus your initial outlay will be 60% of the purchase price if you are a Singaporean.

60% initial outlay:
1) 25% cash downpayment
2) 25% CPF downpayment
3) estimated 3% buyer's stamp duty
4) 7% additional buyer's stamp duty as SC
5) other costs like valuation fee, legal fee, stamp duty for mortgage etc.

Hope my explanation helps!

Probably you can share more information so I will be in a better position to advise you how to purchase a second property.

Hear from you soon!

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Vice President (Agency)
Property Avenue Pte Ltd
Estate Agent no. L3010650D
Blk 420 North Bridge Road #03-30 North Bridge Centre S188727

(M): +65 9111 5171
(E): yt.lovelyhomes@gmail.com
(W): www.yttan.com
(W): www.propertyavenue.com.sg Read More


D. Kumar

As you have outstanding loan, you can obtain a 50% loan.
25% cash and 25% CPF.

You will be liable for 3% BSD + 7% ABSD + misc legal fees.

Do contact me at 96659926 for us discuss further on your requirements comprehensively to understand the crux of your expectations, to enable me to deliver a more accurate financial projection and breakdown of cash flow for your purchase as well as to explore the possible options accordingly at no obligation. In purchase of private property, this is no agent fees involved.

These documents will also be tailored made for your consideration:

-Comprehensive customized sales and rental report
-Price analysis of chosen and surrounding properties
-Rental yield of surrounding properties and projected yield of project

Visit my website to view all my recent accolades - esteemed awards and testimonials to gather more information on me: www.kumarrai.com

D Kumar
+65 96659926
ERA Associate Division Director

#1 team of ERA in Singapore, Asia Pacific International for 2014.

About Me-
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2014 ERA Asia-Pacific Business Conference Elite Award

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