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Hi, i would wish to check if i am affordable for any condo below 400K? Using for passive income purposes and what is the yield like?

- $4000 monthly salary
- CPF $53000
- Cash $70000
- No properties owned
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5 Answers

Hi,

You may want to consider a 1 or 2 bedroom, depending on the amount of financing you can get. Generally 1 bedder condo with rental potential starts from 550K onwards. Thanks and hope to discuss further.

Warm regards
Ivan ERA
 97432395 
Ivanng10@gmail.com
Website: http://www.ivanng10.com/#!reviews/c11r1
(Client's Testimonials) Read More
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Good day Mr.Wilson Yeo,

Thank you for your query.

Based on the information you have provided and as my fellow colleagues have shared earlier, you may afford up to $550k property.

The cash flow summary for $550k property for Singaporean buyer’s first property are as following:
5% Minimum Cash Required Upon Booking: $27,500
15% Cash/CPF Around 8 Weeks After Booking: $82,500
Buyer’s Stamp Duty, pay to IRAS with Cash/CPF 14days after signing S&P: $11,100
Lawyer’s Fee from $2,100 to $3,000
Total Cash and/or CPF: $123,200

Salary to qualify for 80% Loan to Value: $3,300 which you qualify

I am one of the marketing agent for the exciting new condo, High Park Residences with selective 2BR Compact 495-603sf starting from $5xxK.

Do register early with me for VIP Preview or to get the latest update.

As we do not get prompted here, kindly contact me directly at any time to your convenience.

Thank you and have a pleasant weekend.

Warm Regards,
Karrien N. Chan
CEA Reg. No.: R052532H
Mobile: +65 82250212 
Email: karrien.realty@yahoo.com

POWERFUL NEGOTIATORS
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Joanne Chia 谢诗琳
Good day mr yeo

I m marketing a new launch full facilities condo ,

It will complete or TOP in 2019.

Size range from studio to 5 bedroom .

A studio cost about 400k .

Kindly contact me if keen to view this condo showflat .

Joanne chia
Hp 8333 3327  Read More
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Johnny Goh Mui Huat
Dear Wilson,

Yes, you can!

There is a very affordable condo launching very soon. Very attractive price not to be miss.

Pls see the below videos for more information.
https://youtu.be/4yUKHMUjB-o
https://youtu.be/iSdK0m2ff08

Feel free to contact me if you need more information.

Thanks and Regards
Johnny Goh
R018297H
Team Associate Director
OrangeTee.com Pte Ltd
Mobile: 90906267 
Email: johnny.goh@orangetee.com
Website: johnny-goh.com Read More
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YT Tan (陈永达)
Good evening buyer,

May I know are you Singaporean or SPR?

If you are SC, you are able to afford a property worth up to $535k while up to $440k as SPR due to the 5% ABSD.

With this budget, it might be impossible to purchase a resale condo. But not to worry, there is a upcoming condo in Fernvale, Highpark Residences, with very competitive pricing probably you can take a look at it.

Will you be keen in it? Hope to hear from you soon!

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Vice President (Agency)
R043025D
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
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