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Hi,
Perhaps you would like to get in touch for a comprehensive financial calculation with detailed analysis to explore your options at no obligation. It would be far more effective this way.
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D Kumar
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Good evening YK,

You have to look at private segment as both of you are not eligible for HDB as a married SPR/ foreigner household.

I might have a new launch that your income might be able to purchase.

Lets say its a $600k 1 bed purchase, the initial outlay will be as such:

1) 5% cash $30k
2) 15% Cash or cpf $90k
3) stamp duties(estimated 3% + 5% ABSD as SPR) ash or cpf $42,600
4) legal fees $3k

Hope my sharing aids in your property needs.

May I know how can I value add further?

"Your Freehold Ally, Leasehold Tactician"

YT TAN 陈永达 | ACCA Graduate, RES
R043025D
Propnex Realty Pte Ltd

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Accolades:

Platinum achiever (Clock $100k commission within 1 month) August 2017(Propnex)
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Hi YK,

As you are a PR and your wife is on LTVP, you don't qualify to buy HDB hence you can only buy private property. As a PR, you will need to pay ABSD of 5% on your purchase. Generally if you have enough in your CPF, your cash outlay is around 5% of your purchase price.

Based on your income, you can only dedicate about $2100 for installments and only eligible for about $480k loan if you don't have any other commitment. Assuming you qualify for a 30 year loan, you can purchase a property of about $600k in price. Currently in the market there are only a handful of properties that are priced $600k and below both new & resale. I happen to have some properties under my belt that starts from $5xxk. If you are keen to find out more, please get in touch with me. Thank you and have a nice day.

Alec
 91005853 
Propnex Read More