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Dear sir/mdm,

May I know if you are a Singaporean? And if you are looking to finance your purchase with HDB loan? For HDB loan matters, you can refer to https://www.hdb.gov.sg/residential/buying-a-flat/financing-a-flat-purchase/housing-loan-options/housing-loan-from-hdb for more details. In summary, you will need to have 20% of funds ready for down payment, of which it can be made up from CPF funds (OA Account). Cash up front will be the Option Money and Option Exercise Fees (total up for $5000 maximum).

For housing grant matters, please refer to https://www.hdb.gov.sg/residential/buying-a-flat/flat-and-grant-eligibility for more details as it depends on the household income.

Are you intending to purchase soon?

I have been in the real estate business since 2009, with more than 13 years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.

We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!

Warmest regards,
Geryl Lim
Associate Group Director
Salesperson Registration No. R014783H
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
[main] +65 6471 8888  [mob] +65 81577565  [LDA] +65 92787772 
www.geryllim.com

My self introductory video on https://www.youtube.com/watch?v=S_2NydENfx0

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Hi

You may want to text 9620 0827  for a casual chat. We can share with you the transaction process, timeline and an estimated financial for your reference.

Warmest regards

Gavin Read More

Hi, which area are you looking at ?
Is one of you is a Singaporean ?
Looking forward to assist you anytime at 96964398  or email stewartlim96964398@gmail.com

Cheers
Stewart-PropNex Read More

Hi,

1) First of all I would have to assume you are an SC (Singapore Citizen).
2) You have to fulfill a gross household income not exceeding $14k in order to be eligible for any grants.
3) Once your fiancee received her SPR, you will be entitled to the following family grants:
(a) $40k for 2~4-rm resale flat
(b) $30k for 5-rm or bigger
The above is for 1st-timer SC/SPR only.
4) EHG of up to $80k if household income at or below $1.5k, and range till maximum of household income of $8.5k~$9k for a $5k grant.
You may refer to this table to find where your grants fall: https://www.hdb.gov.sg/-/media/doc/EAPG/EHG-amount-Couples-and-Families.ashx
5) PHG of $20k to live within 4km of your parent's house.

6) If your household income does not exceed $14k, then you will also be entitled to the HDB loan of up to 80% LTV.
7) 20% down payment can be all CPF, but in a resale transaction, you will still need to prepare cash of around $6k~$7k, to pay for the OTP option, OTP exercise fees, and other miscellaneous such as caveat, micro-film, etc.
8) You can also utilize funds from the CPF for the legal fees ($1,400) and buyer stamp duty of ~3%.
9) It is advisable to consult an agent if you are unsure of the fees and charges involved before committing any OTP.
10) Since it is quite common to have COV in today's flat purchases. I strongly urge you to engage an agent in your purchase to ensure it is a smooth journey.

Please give me a thumbs-up if the answer provided is relevant to your main concern. Thanks!!!

Hope the above answer your main concerns, but if there are more queries, 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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