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I am divorced with a child, currently renting room. I have 150k in my CPF, I do not have cash. I have outstanding bank loan not yet cleared. What options do I have to buy a HDB? Any other loan available for my case?
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3 Answers

What is the outstanding bank loan that you have? How about income? In order to be eligible for either HDB or bank loan, you will definitely require to have assessable income. With limited cash, the usual option is to opt for HDB loan if you qualify.

I have been in the real estate business since 2009, with more than 10years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

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Warmest regards,
Geryl Lim
Associate Deputy Group Director
Salesperson Registration No. R014783H
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
[main] +65 6471 8888  [mob] +65 81577565  [LDA] +65 92787772 
www.geryllim.com
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Hi Sir
In order to answer your question, I will need further information on your case. Having outstanding bank loan not related to property does not automatically disqualify you to take up a HDB/bank loan. All these depends on your MSR/TDSR andO have served clients with clients with credit card/personal loans from bank managed to secure a loan to purchase property from HDB and banks. Do contact me at 93375051  for a free and non obligatory discussion on this.
Regards
Taufik Hussein
ERA Realty Network Pte Ltd Read More
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OHMYHOME PTE LTD
Greetings from Ohmyhome!.

We are able to assist you on this matter.

For more information, kindly contact us at 68869009  or WhatsApp us at 97551009  .

Richmond Chia
Senior Advisor
Ohmyhome Pte Ltd Read More
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