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Hi Michelle,

For local single 35 and below, they can only purchase private condo. If you wish to get BTO/resale HDB, you need to apply with your parents. You may wish to consider 1 or 2 bedroom condo units. Its 5% cash+15% cpf for downpayment, and about 3% for stamp duties, provided you can loan up to 80% of the property price. Thanks and hope to assist further.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude
Email: Ivanng10@gmail.com
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Hi Michelle, for Geylang property, you could get up to 80% loan too provided it is during a new launch. And there are a few projects near to Geylang like Sims Urban Oasis and TRE Residences which is deem as a good location due to the Aljunied mrt is only 5 mins away. Pls feel free to let me know if you need any assistance.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Good Day Ms. Michelle Chen and Thank you for your query.

Based on your age and income, assuming there is no outstanding loan such as student loan, credit card loan etc. You may be able to get up to $800k loan and consider private property of up to $1 mil, provided you have around $230k in Cash and CPF of which a minimum $50k must be in Cash.

If you have lesser or more cash and CPF, it will change your property price range and may affect the 80% Loan to Value amount.

Please take note that banks require the latest 3 months payslips to provide In Principal Approval (IPA) for mortgage loan. If you are starting your new job in January 2016, you may have to wait until end of March 2016 to apply for IPA and start looking for a property as what may be available now may be sold by the time you are ready.

Kindly visit this Dropbox link for a list of new and resale condos For Sale arranged according to different district/location for your reference:
https://db.tt/pB9WrjVu

As we do not get prompted when you respond here, kindly contact us directly should you require additional information.

Thank you and have a pleasant weekend.

Warm Regards,
Karrien N. Chan
CEA Reg. No.: R052532H
Mobile: +65 82250212 
Email: karrien.realty@yahoo.com

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Project Core Team:
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D19 The Vales - New
D19 The Amore
D18 Sea Horizon
Condominium
D19 High Park Residences - New
D18 The Santorini
D15 70 St. Patrick's - Last 4 Units
D15 Flamingo Valley - Fully Sold
D14 Tre Residences
D14 Sims Urban Oasis

Floor Plans & Listings:
http://propertyguru.com.sg/agent/karrien-n-chan-295771
Pricing Guide of Properties For Sale:
https://db.tt/pB9WrjVu Read More

Hi Michelle,
Private condo is the only option for you at the moment. I can assist to work out the estimated loan amount so to define your purchase budget.
To assist and advise you more in details, kindly drop me an email for me to share.

I am contactable at my mobile or email.

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

Hi Michelle,

Re: Our Preferred Experienced SG Realtor

We can assist you with your property hunting based on your preferences and eligibility of properties.

Call us now, we can explore further in detail.

We are contactable at 92222389  or onassis@sgrealtor.com.

In all Areas of Singapore. Sale/Buy/Lease/Rent, Please call and/or drop me an email me. I’m always at your Services.

Onassis Gan | R021244C | CES Certified SG Realtor l SGRealtor.com
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Good morning Michelle,

Usually you will require past 3 months' pay slips to apply for in principle approval. Since you dont have any income from Sept, I will advise you to apply for IPA in April when you will have pay slips from Jan to March.

FYI your initial outlay will be as such:
1) 5% cash downpayment
2) 15% CPF OA funds/ cash downpayment
3) estimated 3% buyer's stamp duty
4) $2.5k legal fees
5) $500 stamp duty for mortgage
6) valuation fee etc

Probably you can share more with me on your finances on hand so I will be able to advise you what is your estimated budget. Even with substantial loan but without enough funds for initial outlay, you wont be able to proceed with purchase as well.

Hope to hear from you soon!

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Vice President (Agency)
R043025D
Property Avenue Pte Ltd
Estate Agent no. L3010650D
Blk 420 North Bridge Road #03-30 North Bridge Centre S188727

(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W): www.yttan.com
(W): www.propertyavenue.com.sg Read More