Hi Mrs Selvam,
As an initial cash outlay:
(1) Assuming 80% loan approved
(2) Cash payable 20% -
5% Cash, 15% CPF
(3) 3% Buyer Stamp Duty
(4) 5% ABSD
(5) $3k legal fees and misc
There are a couple of studio units on sale, with the cheapest one going for $3xx k! However I believe more in the property engaging your portfolio ; in terms of meeting your objectives and requirements and at the same reap capital upswing.
The first step to go about will be in getting a loan/ IPA done. I can link you up to my network of bankers at ease who will assist you in the loan amount and furnish you with the different bank rates to choose from. Following that, I will conduct a financial cash calculations and progressive payments with timeline , taking into consideration what exactly you are looking out for , and propose some units and developments you can consider to value add.
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. It's a weak market now and its best to leverage on it to get the best deal. The question is- how to leverage and whom to work with to ensure your interests are met!
D Kumar
+65 96659926
ERA Associate Division Director
www.kumarrai.com
#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
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