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I am turning 35, earning around 5.1k and I have around $190k in my ordinary account. Looking for a resale 4 room flat in serangoon area (not serangooon north). I am wondering what is the price range of the unit should I look at based on my income and cpf balance?
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2 Answers

Hi,

According to your current income, your max loan is approximated to be $330k with 25 yrs tenure.
Thus the flat you can look for is at or below $520k.

But do note of the flats in Serangoon area is quite old, with remaining lease of 70 yrs and below.
You will find problem in selling them in a few years time.

Hope the above answer to your main concerns, but if there are more queries, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com

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Hi there,

Based on the rough figures, you could purchase a property at about $500k +/-, there about. I am currently a resident at Serangoon Avenue 2 , previously resided in Serangoon Avenue 3. Been in this area for more than 27 years and am extremely familiar with the inventory of potential units.
Let's speak further at 96659926  to discuss more comprehensively on the crux of your requirements & expectations- to enable me to deliver a more accurate financial projection and breakdown of cash flow for your purchase after understanding your finances succinctly, so as to explore the possible options accordingly at no obligation. I will walk you through the entire purchase- from shortlisting, to negotiation, to establishing loan matters and working out finances (cash/cpf/progressive payment), paperwork, sorting legal matters, providing you with recent up to date transaction caveats for benchmark pricing as well as furnish you with a customized sales report & indicative valuations.

If you are comfortable with my working style, I am more than glad and confident to work for your interest to to guide to you to your ideal property. Visit my website for my recent accolades, awards and testimonials@ www.kumarrai.com.

D Kumar
 +65 96659926 
ERA Associate Division Director

#1 team of ERA in Singapore, Asia Pacific International for 2014/5/6/7

ERA 2015 Q1 Top Achievers (Top1%)
ERA Top Achievers 2013-2017
ERA Multi-Million Dollar Club Award
2014 ERA Asia-Pacific Business Conference Elite Award

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