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I need your help to advice me. I am RP here. I had $110K in my CPF account. And same cash as well. I am planing to purchase New Condo Appt project. Please advice me, how much Cash Money should i prepare if the property price is $800K. I got about loan about $725k. Please advice.
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2 Answers

J.A. Goh 吴永益
Hi Hafiz,

Assuming your bank loan is only 70% for 2nd property, and property price is $800K. You need following:

Cash - $88,600 (10% + Stamp Duty 3% - $5,400)
CPF - $160,000 (20%)

If you able to get 80% loan, then you just reduce the cash and CPF portion by 5% each, will give you the numbers.

Please feel free to drop me an email or call me directly for further discussion.

Thank you & Best Regards
J.A.Goh
ERA Marketing Director
HP: 9639 0350 
www.gohjaERA.myweb.sg
Email: gohja@singnet.com.sg Read More
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Hi, hopefully you managed to get your doubt or query answered. If, so then congrats! Hopefully you are doing well now.

If you are currently or planning to find a property agent, I can assist.

If you are interested in prices of houses in your neighbourhood, you may visit this website to find out more or contact me .

https://www.era.com.sg/R064892F

If you are currently planning to go on a property journey selling/buying/renting/investing, I can be of assistance. Do feel free to reach out to me for more queries and assistance.

Landon Chew
97 39 60 40
landonchew@email.com Read More
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