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Evening J,

Firstly, you need to set aside the required CPF minimum sum of $71k, inclusive of SA. You also need to check with CPF board on how much CPF are available to you for the purchase as your OA and SA should have being converted into RA. You need to work on your spouse CPF status too, if she have also reached retirement age.

With this settled, you need to check with bank on how much loan are both of your eligible to and if the repayment table is within your comfort level. If all are good, you would also need to consider on the size of unit which both of you prefer before you start the sales and purchase procedure.

Do feel free to contact me if you require further assistance.

Regards
Mike Lim
 96929209 
CEA Reg No: R026708F
Email add: m52i@yahoo.com
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Meet and Discuss.. www.catherinepang.com Read More

Hi Sir,
Which area is your 3room located at? Chong pang area? or Blk 200 plus series?
May I meet up with you so I can share with you the financial breakdown and cash profit you will be getting if you are intending to buy a 4 room flat in yishun or woodlands.
Look forward to hear from you.
Tricia Tan
 92700867 
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