Hi,
Typical breakdown for SC 1st property purchase as follows:
Cash 5%
Cpf 15%
Max bank loan 80%
Stamp duties and legal approx 3%
Hence you are looking at approx 23% for downpayment and stamp duties within 8 weeks of booking.
With 140k (cash+cpf OA), working backwards a comfortable price range is 600k +/-. Currently Parc Riviera 1BR is fully sold, but there are still available units at Hillion Residences starting from 660k, with TOP expected early 2018. If the finances permit, you may want to consider to adjust the cash amount to get a choice unit. I'm involved with both projects and will be keen to share more about the latest pricing and availability.
May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.
Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude
Email: Ivanng10@gmail.com
Contact:
(+65) 97432395
Facebook Page: www.facebook.com/ASAProp
Website: http://www.ivanng10.com/clientreviews
(Client's Testimonials)
-- HDB BTO 4rm Sellers Mr. Farvin & Ms. Sel --
Ivan was the first agent that we met up with and right from the offset we had good vibes as he has a friendly personal approach, detailed working style and focuses on building the long-term relationship.
Our unit comes with its challenges but Ivan remained positive and had no qualms committing to our plans right from the start. It took only 6 weeks of aggressive marketing for him to secure a good offer which was a pleasant surprise in the end.
Ivan was always responsive and we had no worries to pass him the house keys. The whole process was transparent and hassle free, and he was always thinking from our point of view on how to make life easier for the client. He is a committed professional and has fast execution, so we felt assured that things are done well and we can entrust the sale process entirely to him.
--- Ms. Toh, Condo Investor ---
Ivan is a young agent filled with dedication for his work. He seeks to stay long in this career.
I seeked out his service among a sea of agents as his belief on his website is credibility. I need an agent who is honest and provide me the knowledge needed to navigate the property market. Ivan's commitment and earnestness made up for his young age.
He has made a promise to find a good tenant for me in two years time when the condo completes, and I appreciate this commitment"
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