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Hi, our SPR 3yrs will be coming up soon and we are planning to purchase a resale flat. Currently our CPF OA abt $30k and cash $35k. Would like to ask whether is this amount enough with the help of bank loan? Appreciate to have advise on the calculation. Thank you!
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3 Answers

Dear sir & madam,

For SPR, the stamp duties applicable in your purchase adds up to about 8% and with minimum cash component of 5% to be paid for your purchase, your existing funds on hand will probably allow you to target a purchase of flat that is under $362,000, where I have not included the considerations of your loan eligibility as well as the miscellaneous fees involved in a home purchase.

I have been in the real estate business since 2009, with more than 10years 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 8,500 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my clients’ 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.

Please feel free to reach me from my website www.geryllim.com or connect with me directly on my mobile phone at 81577565  .

I look very much to hear from you soon.

Note: We value your home as much as you do! Find out the indicative value of your home at http://bit.ly/UrHomeMatters and get monthly update on your home value. Restructure your portfolio with us, speak to us! Register at bit.ly/RealDealSG today.

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Regards,

Geryl LIM
Consultant - Director
Century 21
CEA Reg R014783H
www.geryllim.com
Mobile: +65-81577565  /+65-92787772
Email: geryl7772@gmail.com

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Hi

If you would like to text 9620 0827  , we will help to prepare an estimated financial statement for your reference.

Attached is a link for your reference. https://tinyurl.com/y39sn9gp

Regards

Gavin Read More
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Hello Sir,

Congratulations for 3yr SPR anniversary!

There are a few factors to determine how much loan to borrow. We are also in the interest of buyers to ensure they get accurate financial advice.

You may contact/ whatsapp me at 9876 0987  . We can come together and work out a financial calculation plan for you.

Best regards
Karen Tan
Hp: 9876 0987 
Email: karenpropertyinfo@gmail.com Read More
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