Asked by Dilemma
Hi,
I'm a first time property buyer and I'm currently in a dilemma as to whether I should purchase from HDB or buy a condo. My husband is a foreigner and in the process of applying for his PR status by end of the year. In the meantime, he has no CPF but I do. Our combined income is slightly above the income limit which makes the application of a housing loan from HDB possible. I'm not sure how much housing loan we can get too. The possible option for me if I would to hurry for a home, would be to buy a resale flat or to wait a little longer till he get his PR and apply for a new flat. For a first time buyer, would it be better than for us to aim small with just a flat first or should I just jumpstart on a condo anyway? We might have enough cash for the 1% but we are not sure if we have enough for the other 4% even with my CPF. Any kind agent willing to share their advice pls? Would be of great help to us honestly..:)
I'm a first time property buyer and I'm currently in a dilemma as to whether I should purchase from HDB or buy a condo. My husband is a foreigner and in the process of applying for his PR status by end of the year. In the meantime, he has no CPF but I do. Our combined income is slightly above the income limit which makes the application of a housing loan from HDB possible. I'm not sure how much housing loan we can get too. The possible option for me if I would to hurry for a home, would be to buy a resale flat or to wait a little longer till he get his PR and apply for a new flat. For a first time buyer, would it be better than for us to aim small with just a flat first or should I just jumpstart on a condo anyway? We might have enough cash for the 1% but we are not sure if we have enough for the other 4% even with my CPF. Any kind agent willing to share their advice pls? Would be of great help to us honestly..:)
1054 views
