1 Answer

Afternoon Ramesh,

For "self-employed" housing buyer, it's likely that bank will provide you with a loan of around 70%, instead of 80%. This would also depend on your credit record, pricing of purchase and your age. Both of you also need to be holding PR status for more than 3 years. You will be required to pay 5% cash and balance 25% in CPF/Cash. You will also be liable for 5% ABSD.

Do feel free to contact me for further discussion.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
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