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I am currently in an EA and thinking of upgrading. Believing that my current unit to be sold at about 600k, the likely sale proceeds would be 200K and available cpf would be around 200k. With this budget, what can i look for? Any expert advise pls.
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3 Answers

Evening,

To answer your enquiry, I would need to know how much the bank can disperse to you based on your current credit and income status. Your age will also be the determining factor for your loan quantum.

Only with such data, along with the assumption that you want to utilized all your CPF monies us cash, can I advice further. You are upgrading at a older age then the time you bought your EA. Consideration and situation might have changed hence it'll be very unprofessional for me to assume that you are in the top shape for all situation.

Do feel free to contact me if you require further assistance.

Regards
Mike Lim
 96929209 
ERA Read More
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Hi, hope to sit and discuss and work outnwhat you can buy. Let me know if we can meet. Thanks. Kevin Propnex 93861174  Read More
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Hi Vitodon,

Other than the estimated sales proceeds which you have mentioned, we have no idea the remaining statistics you may utilise for your next purchase.

Always bear in mind not to overstretch yourself in the next purchase. Consult the professionals in the industry to work out what your options are should you be selling your existing EA.

Need reliable bankers, you may wish to tap into the network I have build up throughout the short span of my career.

Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565 
Email: lim.geryl@yahoo.com.sg Read More
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