Asked by Jimmy Yu
I am currently residing overseas and will be moving back to Singapore in November 2012. I intend to fly back sometime in July to scout for a new home. My current plan is to buy a resale unit in Jalan Loyang Besar near the beach. My questions are:
A) as my time in July is short, can I process the purchase within a week?
B) what would be a comfortable purchase based on my financial profile. Roughly, I have about 170K in CPF, 100K in cash.
C) what is the monthly estimate I need to pay to sustain the home loan? I will be an average earner with 3.5K monthly payroll when I return to Singapore.
D) first time owner, Singaporean.
Regards
A) as my time in July is short, can I process the purchase within a week?
B) what would be a comfortable purchase based on my financial profile. Roughly, I have about 170K in CPF, 100K in cash.
C) what is the monthly estimate I need to pay to sustain the home loan? I will be an average earner with 3.5K monthly payroll when I return to Singapore.
D) first time owner, Singaporean.
Regards
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