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Evening Mr. Tan,

If you managed to clear off the mortgage loan for your current HDB unit, it's likely that bank will grant you max of 80% loan for the upcoming purchase.

The estimated pricing for 2 bedroom unit in the East area ranges from $750k to $2.2 mil, depending on location, size and facing.

FYI
Mike Lim
 96929209 
ERA Read More

Hi Mr Tan,

Based on current MAS rulings, you will be able to loan up to 80% if you dont have any outstanding housing loan. But hopefully this ruling doesnt change in 2014.

As for budget wise, its best to talk to bankers to advise you on your approval in principle (AIP) when time comes.

As in the condo pricings in the East might change by the time you are able to purchase in 2014, thus i feel its still too early to comment on it. Its best you leave it towards the end of 2013 and judge.

Cheers!

Warmest Regards,
YT TAN
District Manager
R043025D
(M): 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W1): www.yttan.com
(W2): yttan.stproperty.com.sg/
ECG Property Pte Ltd Read More