Asked by Sunny
I currently owned a 5-room flat in AMK ave 9, interested to upgrade to condo near AMK (eyeing Calrose, Nuovo, Castle Green).
My 5-room will reach MOP June 2011, outstanding loan $155K, combined household income 10k per month.
Questions:
1) I am buying it for own stay, how much max loan i can get from bank?
2) how much downpayment required? breakdown of cash / CPF.
3) As i am buying for own stay, i am more to Calrose as it is FH, and at least the value of the property will not decline substantially when aging.. just to make sure i am right.
4) Based on my portfolio, what is the max property price i can afford?
My 5-room will reach MOP June 2011, outstanding loan $155K, combined household income 10k per month.
Questions:
1) I am buying it for own stay, how much max loan i can get from bank?
2) how much downpayment required? breakdown of cash / CPF.
3) As i am buying for own stay, i am more to Calrose as it is FH, and at least the value of the property will not decline substantially when aging.. just to make sure i am right.
4) Based on my portfolio, what is the max property price i can afford?
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