Hi Alex,
CPF OA sum can be used for BSD, however, ABSD has to be in cash. May I ask if you have a specific project in mind?
There are currently many projects with ongoing discounts and firesales as high as 18-30%! Perfect time to leverage on the weak market before some reviewal of measures are considered. Having said that, these properties must nonetheless compliment the investment objective you have in mind, as that's priority. To give a property as an example, located in the city centre, mins walk to MRT and Marina Bay, with massive area redevelopment going at huge price cuts- 2BR below $1.5m with projected yield of 4.8%-5.3%! Such yield and PSF are unmatched in vicinity! This is just a rough guide.
Furthermore, there is NO agent fees involved! So you can take this opportunity to discuss more on your preferences & for me to give an entire overview and share more insights to the market, chart out the market price analysis and recent sales transaction caveats, work out comprehensive financial cash projections and provide you with up to date information to the procedural steps and its associated wings- financial (loan) , legal matters etc.
D Kumar
+65 96659926
ERA Associate Division Director
www.kumarrai.com ( Recent Awards and Testimonials)
#1 team of ERA in Singapore, Asia Pacific International for 2014.
ERA 2015 Q1 Top Achievers (Top1% of ERA)
ERA Top Achievers 2013/14
ERA Multi-Million Dollar Club Award
2014 ERA Asia-Pacific Business Conference Elite Award
P Group
2015 Feb/ April/May ERA Top Achievers
2014 Aug/Sept/3rd quarter/Dec/ Overall 2014 ERA Top Achievers
Read More
