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Hi there,

Please feel free to contact me at 96659926  for a non obligatory discussion for me to better understand your requirements and specifications to be in a better position to advise you further in the most detailed and thorough manner for your investment plan (assisting in planning your finances etc)

Briefly, for loan up to 80% of purchase price for your investment property, cash needed will be 20%. Of which:
15% payable by CPF
5% Cash

I will walk you through the entire process- assisting you all the way from finding the perfect property to negotiating for the best price to post deal paperwork, to establishing financial calculations and ascertaining risks.

To value add your understanding, I will provide you with a comprehensive sales report of properties in the desired location, make available to you recent live sales transactions caveats for your understanding,share on financial calculations/ loan related matters and make available rental yield projections, if needed as well as future capital appreciation stakes. As the transaction of a property involves matters of finances and legality, I have my partners whom I work closely with to assist you immediately on all queries pertaining to the relevant field, which makes it hassle free! Furthermore, since you are not liable to pay my any agent fees, why not let me shoulder the stress of the technical aspects of your purchase while you savor the process!

Visit my website to view my testimonials & recent awards to gather more information on me: www.kumarrai.com

Look forward to hearing from you!

D Kumar
 +65 96659926 
ERA Associate Division Director
www.kumarrai.com
www.singapore-newproperties.com.
contactdkumarrai@gmail.com

About Me-

ERA Top Achievers 2013/14
ERA Multi-Million Dollar Club Award
2014 ERA Asia-Pacific Business Conference Elite Award

P Group-
2014 December ERA Top Achievers
2014 3rd Quarter ERA Top Achievers
2014 August ERA Top Achievers
2014 September ERA Top Achievers Read More

Morning Elaine,

Firstly, I would need to know if you have any property in hand, financial status, and age group before I can provide you with the possible estimates.

Do feel free to contact me for further discussion.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More

Good morning Elaine,

Great to hear from you!

If you have no outstanding housing loan, you will be able to loan up to 80% bank loan (still subject to TDSR) for your second property purchase. Thus 20% downpayment will be 5% cash and 15% CPF/ cash downpayment.

Other costs will be:
1) estimated 3% buyer's stamp duty
2) 7% additional buyer's stamp duty as Singaporean
3) misc fees like legal fees, valuation fee, stamp duty for mortgage etc.

You will need around 30% of purchase price as initial outlay of your second property purchase. You will need around $240k in CPF/ cash for a $800k property purchase.

But do take note that you have to keep a minimum sum of $77.5k each in your CPF OA + SA if you have utilised CPF OA funds in your current property.

Hope my explanation helps! If you need any advice or assistance in your property investment, feel free to contact me. Cheers!

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES

(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com Read More

Good day madam Elaine Yip

If your family credit standing permits , your family can consider de-coupling to save on ABSD when buying additional residential property , de-coupling is NOT divorced , kindly contact me for more details .

Joanne chia
Hp 8333 3327  Read More

Dear Elaine,

If you are seriously considering to invest in a 2nd property in Singapore due to the current low pricing and expect rental returns to be attractive, I would say give it another thought and recollect your data because like transaction prices for sales and purchase, rental prices have been hit badly by the available supply of properties for rent in the market. If indeed investments is what you are looking at, you may wish to look offshore which gives you sound exit strategies and guaranteed rental returns for solutions. I do have several options for your considerations if you are keen.

Visit and Like my facebook page at https://www.facebook.com/propertyblogshop/

New Singapore Expatriates on facebook is up and running. Come join us at https://www.facebook.com/groups/newsgexpats/

Regards,

Geryl LIM
Real Estate Director
Masters Of Real Estate
M.O.R.E Property Pte Ltd (L3010548F)
CEA Reg R014783H
Mobile: +65-81577565  /+65-92787772
Email: geryl7772@gmail.com

M.O.R.E Landed Dynamic Alliance
Home of *7772 Hotline
Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now! Read More

Hi, if you are looking to invest a small 2nd property, I have a freehold 1 bed room unit for sale at below 600K. Easy to rent out is one of the consideration point. Pls feel free to contact myself for more details.

CK Ang
 9046 3808 
res.ckang@gmail.com Read More