Good evening Amit, Let my panel of bankers to advise you on your in principle approval so you will have a better idea how much are you able to loan from bank. Do update me how much cash do you have on hand to finance the initial cash outlay. Bear in mind that other than 20% downpayment, foreigner will be subject to 15% additional buyer's stamp duty on top the usual estimated 3% buyer's stamp duty. For instance, you have to have at least $380k for a $1M property. Hope it helps! Hear from you soon! Warmest Regards, YT TAN 陈永达 | ACCA Graduate, RES Senior District Manager R043025D ECG Property Pte Ltd (A Wholly Owned Subsidiary of ECG Group of Companies) Estate Agent no. L3009759F Blk 190 Lorong 6 Toa Payoh #05-508 S (310190) (M):
+65 9111 5171
(E): yt.lovelyhomes@gmail.com (W): www.yttan.com (W): yttan.stproperty.com.sg/ (W) www.lovelyhomes.com.sg (W) www.ecgproperty.com
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