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Hi,

$600k price range is reasonable as down payment and stamp duties is approximately 28% of the purchase price. Working backwards will arrive around 600k. Loan you should be able to attain around max 610k.

Would you like to consider a condo at geylang area? I happen to have an 1BR freehold unit listed at centra loft.

May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,

Ivan Ng Realtor
ERA Senior Marketing Director
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Good afternoon Sir/ Mdm,

your IPA estimated around $614k but your finances on hand might only let you buy something around $605k.

Hope my sharing helps in aiding in your enquiry. May I know how can I value add further in your property needs?

Best regards,

YT Tan
Property Kaki
You dream. I create. We make it happen!
Association of Chartered Certified Accountants Graduate
Singapore Accredited Mortgage Planner

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Hi,

Based on the figures given, you can look to purchase a condo of around $650k to $660k range, after setting funds aside for 25% downpayment and stamp duty.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More

Hi,

1) You can get a loan of around $615k based on your salary. If cash + CPF is sufficient, you are able to buy with a budget of $820k.
2) But consider your funds on hand. You take your cash + CPF / 28%, you can only get around $607k.
3) This is to calculate the budget you should estimate based on your funds on hand. A down payment of 25%, and 3% for buyer stamp duty.
4) Therefore it is advisable to plan your budget around $600k.

Hope the above answer your main concerns, but if there are more query, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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Hi
You may be able to take up a loan of around $615k. However as the loan to value allowed for private property is only 75% , you needs to come out 5% cash on the value of the private property while another 20% needs to be paid using CPF or cash. Including stamp duty which is about 3% on the value of the property, a safe figure you can afford is around $660k range. I have recently assisted one of my client around your age in purchasing a private property of that price range. My fees for purchasing of private property is 100% free. Do contact me at 93375051  for a free and non obligatory discussion on this.

Regards
Taufik Hussein
CEA Reg No: R061607B
Contact No: 93375051 
ERA Realty Network Pte Ltd Read More