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Hi, I am Brendan!

Based on what you had mentioned, yes most likely you will only be able to purchase a 3rm resale HDB.
You may also want to factor in the renovation and furniture costs after purchasing a flat.

Alternatively, are you both able to stay with your parents for the time being while both of you work and save up more along the way?

I had provided many advice for clients of different scenarios, if you will like to know more about asset progression and have an understanding, feel free to reach out to me for a casual chat!

Pls contact me at 9754 5207  or wa.me/6597545207.

Thank you!
Brendan Bay, ERA Read More

Hi DT KS,

Thank you for your question here. I'll highly recommend you to look into doing up your HLE once your partner has obtained her LTVP so you are able to determine the financial plans before moving into the actual purchase in order not to over commit.

Given that resale HDB prices are still rising and we have no idea how much more will the price hike, it is unwise to wait further as the cool down maybe insignificant to the price growth. In addition, your age will be older and therefore in terms of loan, your loan quantum available maybe affected.

I will rather you look into this as soon as your partner is ready.

Hope the above is helpful and do click on the upvote button for this reply if it is helpful.

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
I am Tricia from Propnex.
I would love to assist you. You may reach me via 91442664  for a detail discussion on your buying procedure.
Best Regards,
Tricia Tan
 91442664 
Propnex Realty Pte Ltd

Lets stay Connected:
https://www.facebook.com/tricia.tan.169
Facebook: Tricia Tan Real Estate Read More

Hi
Based on the information you provided, you might be able to enjoy singles grant of $25k and EHG (Singles) grant of estimated $12.5K (can be $30k if your wife is not working at point of application. You are also expected to obtain HDB maximum loan of around $150k. With your CPF OA and cash add on of $100k, an estimated budget will be around $330k. With the current market situation, I understand this budget is quite low although not impossible for you to get a 3 room resale. To advise further, do contact me at 93375051  for a free and non obligatory discussion on this. I am well versed in HDB transactions and have assisted various first timers including those purchasing under foreign spouse scheme like yourself in securing a house. Do contact me at 93375051  for a free and non obligatory discussion on this.

Regards
Taufik Hussein
Marketing Director
ERA Realty Network Pte Ltd
CEA Reg No: R061607B
Contact No: 93375051  Read More