Hi Aseem,
as long as you dont have any outstanding housing loan in Singapore, you are allowed to loan up to 80% of the valuation or purchase price of the condo (new/ resale). 20% downpayment made up of 5% cash and 15% CPF (shortfall to be paid in cash) If you need any advice on bank housing loan, I can refer some bankers to you to advise you on this in depth.
For your information, you are on employment pass. That means you are considered a foreigner. A foreigner will needs to fork out an additional buyer's stamp duty of 10% on top of the usual 3% buyer's stamp duty as of the current ruling. For new condo, developers might absorb it but not for resale.
Hope what I had said helps. If you need any assistance in your home search, feel free to contact me.
Warmest Regards,
YT Tan
ECG Property
M:
(+65) 9111 5171
E: yt.lovelyhomes@gmail.com
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