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I am working in Singapore on Employment Pass. I am planning to buy a home for my staying purpose. I have around S$100K cash. Based on my cash level and eligibility, upto what budget can I buy home and what type of home can I buy?
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1 Answer

William Choo
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Hi Srreni,

I will require your gross annual income and age before I can give u a good estimation of your affordability.

Having said that, based on your current cash level, you may find it difficult to purchase a private property in Singapore. Additional buyer stamp duty of10% and normal stamp duties of 3% will easily wipe out your 100k should you purchase a one worth $800,000.

Thus, you will need to save up at least another 160,000 before you can afford a home of $800,000.

Kind regards,
William Choo (朱文彬）
Senior Marketing Consultant, 
CEA Reg No: R044093D
Huttons Asia Pte Ltd (License no: L3008899K)
Mobile: 9721 8288 
Web site: www.facebook.com/PropertySGD Read More
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