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hi, I'reaching 52yrs and still have a morgaged loan with stanchart of $130k, need to sell my current 4A(Blk 465,Upp Serangoon rd)and intent to look for a unit in elsewhere to full settle.Need to refund abt 310k back to CPF.
Pls advise!
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3 Answers

Joanne Chia 谢诗琳
Hello isa ,

May i serve your housing needs ? I can help you to sell your hdb n buy a smaller / cheaper hdb full settle as you wish .

I am happy / grateful for your business at 1% commission charge.

Chia_joanne@yahoo.com.sg
Joanne chia
Hp 8333 3327 
Huttons real estate Read More
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Afternoon,

There is currently no similar unit on sales in your area. The last transacted price in Jan 2012 is at $465k. Hence the estimated valuation should be around $430k. The asking COV should be around $60k.

Based on this estimation, after clearing the outstanding loan and CPF, your cash profit should be around $50k. As for the purchase, you have $310k CPF refund excluding current CPF monies. You should have enough to purchase 3 or 4 room flat.

Do feel free to contact me for further discussion.

Regards
Mike Lim
 96929209 
CEA Reg No: R026708F
Email add: m52i@yahoo.com
ERA Read More
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Johnny Goh Mui Huat
Dear Isa,

As what my fellow colleagues had mentioned, the latest transaction there is $465k in Jan.

Due to excellent location, you should not have any problem selling your unit at a premium. Therefore, you should be able to sell higher than $465k.

Let assume that you sold $480k, and your break even is $440k, you will be able to get back $40k cash before deducting misc and agent fees.

Based on what you have in your refunded CPF, you should be able to buy a full settle 3 room flat in Hougang.

Hope that I had answered your question.

Feel free to contact me if you need a salesperson to assist you.

Thanks and Regards
Johnny Goh
R018297H
Senior Group Director
DWG Ace Division
Dennis Wee Realty Pte Ltd
Mobile: 90906267 
Email: johnnygoh.dw@gmail.com
Website: johnnygohproperty.com Read More
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