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Hi there, i'm currently staying in a 4A flat in Tampines. Am looking at upgrading to bigger flat like EM or EA.
The CPF amount, including interest, we used is abt $300k.

Please advise, after selling our house, what will be the likely cash that we will be left with?

From the ad in Property Guru, seems like most owners are asking 100k-200k COV!!

We are looking at buying a house without touching the little savings that we have since we still have to buy furniture, pay commission and maybe do some reno!!
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2 Answers

Afternoon,

Firstly, I would need to know which particular block you are staying in. This would allow me to work on how much your unit can be marketed for.

Then, we would need to know how much loan the bank can disperse to you for the purchase and how much you need for the purchase.

Lastly, based on your financial status, work on which cluster is more viable for your needs and move ahead accordingly.

I agree that there are many EM and EA asking for high COV but there are also in it's with reasonable asking price, based on which area you are looking at.

Do feel free to contact me for further discussion,

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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Angela Chua 蔡斯琪
Hi Ms Angush,

It will be better if we can discuss it over the phone.

Thank you.

Angela Chua
OrangeTee.com Pte Ltd
CEA Reg No: R007702C
H/P: 9323 3333  0 Read More
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