AskGuru Q&A Community

Afternoon,

As you have just sold your private property, you will not be eligible for BTO or SOBF. You have to purchase resale unit under non-citizen spouse scheme. This is provided that you are SC.

FYI
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More

Hi,

You can purchase a resale unit under the non citizen spouse scheme.

Finance breakdown:
Assuming 80/90% loan,
20%/10% Cash

3% BSD
Valuation fee
Legal misc fees
Agent fees 1%* If applicable

Purchasing a property is likened to an investment in a priced asset and as such, it requires critical and well thought through analysis and rationale before committing.

Purchasing a property requires a step by step guidance:
(1) Understanding your requirements and expectations ; Location, Preferred Sizing, Comfortable Quantum; additional preference

(2) Running through the finances comprehensively :
-Financial cash flow calculations
-Utilization of Cash/ CPF
-Progressive Payments & Timeline of Payments

(3) In-Principal loan approval
By my network of bankers at no cost

(4) Following that,
We can kickstart on identifying the ideal unit which is more tailor made for your family's comfortable living.

(5) Negotiation for best possible price. And legality coordination handled by me.

Do contact me at 96659926  for us discuss further on your requirements comprehensively to understand 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 as well as to explore the possible options accordingly at no obligation.

In midst, you will progressively be updated and furnished with these documents :
(1) Price analysis of HDB units in your chosen location
(2) Customized sales and rental report
(3) Rough Surrounding Valuation Indications and Transaction Caveats
(4) Projected yield and capital upswing info derived from within vicinity properties

Visit my website to view all my recent accolades - esteemed awards and testimonials to gather more information on me: www.kumarrai.com

D Kumar
 +65 96659926 
ERA Associate Division Director
www.kumarrai.com

#1 team of ERA in Singapore, Asia Pacific International for 2014.

About Me-
ERA Top Achievers 2013/14
ERA Multi-Million Dollar Club Award
2014 ERA Asia-Pacific Business Conference Elite Award

P Group-
2015 February ERA Top Achievers
2014 Aug/Sept/3rd quarter/Dec/ overall 2014 ERA Top Achievers Read More

Good afternoon buyer,

You are eligible to purchase a resale HDB with your foreigner spouse under non citizen spouse scheme with him/ her under occupier and you as main applicant. Do take note that only your income will be taken into consideration in obtaining loan.

If you want to purchase BTO, you have to observe 30 months waiting period before you can apply as you used to be a private property owner.

Hope my explanation helps!

If you need any assistance or advice in your property purchase, feel free to contact me. Cheers!

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Vice President (Agency)
R043025D
Property Avenue Pte Ltd
Estate Agent no. L3010650D
Blk 420 North Bridge Road #03-30 North Bridge Centre S188727

(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W):www.yttan.com
(W):www.propertyavenue.com.sg Read More

Hi
You can purchase a resale hdb anytime. To understand more information on either getting hle or bank loan, feel free to allow me to assist you in the entire transaction.
Hope to hear from you.
Tricia Tan 91442664  Read More

Good morning buyer,

Sorry for the late reply as Propertyguru doesn't prompt when there's a reply to our post.

Btw as you will be purchasing your "first" residential property in Singapore with your married foreign spouse, you will not be subject to ABSD (15%) because IRAS will treat it as your matrimonial home.

Cash outlay based on your description will be:
1) $200 valuation fee
2) $80 resale HDB submission fee
3) $3K legal fees
4) agent fee (1% of purchase price)
5) $100k? ($1m - $900k +)

Probably you can consider to obtain a minimum bank quantum so you don't have to pay so much cash upfront.

Hope my explanation helps!

Hear from you soon!

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Vice President (Agency)
R043025D
Property Avenue Pte Ltd
Estate Agent no. L3010650D
Blk 420 North Bridge Road #03-30 North Bridge Centre S188727

(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W): www.yttan.com
(W): www.propertyavenue.com.sg Read More