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Hi Kel,

Any preferred location?
New Launch or Resale?

Please email your requirement to me and I will guide you along.

Cheers,
William Koh
 9027 1972 
willkck@gmail.com
www.GuruSg.com
williamkoh.st701property.com
www.myBedokResidences.com
www.ArcAtTampinesEC.com
ERA Read More

Hi Kel,

1st of all, contact a banker to determine how much loan are you eligible for and work backwards from there. Once you have gotten an in principle approval, with the amount in mind, you can start to shortlist the types of properties you are interested in before making arrangements for viewing and committing.

If you require any assistance, feel free to dial my hotline for discussion.

Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565 
Email: lim.geryl@yahoo.com.sg Read More

Morning,

You do have good amount of CPF and cash at hand. It would be better if we can get a banker to assess your principle of approval. We can then have a clearer idea of you budget.
Age will affect loan period hence the loan quautum that the bank will be willing to disperse to you.

Do feel free to contact me if you have further enquiries.

Regards
Mike Lim
 96929209 
ERA Read More

Hi Kel,

Based on the information provided, I don’t you to have any problem financing the loan. However, you may want to fork more cash for downpayment.

Suppose you buy a 3 bedroom at $1,000,000. 20% is $200,000, and you still need to factor in the stamp duty which about $24,600.

You mentioned that you have $140,000 in your OA, how about your SA? Pls take note that you need a keep a minimum sum of $62,500 (if I don’t remember wrongly) in your account before you can use CPF to buy second property.

I think it will be best for you to contact a banker to check your loan and then check with CPF board how much you can use. From there, you will have a better idea of your budget.

You should be able to get a 3 bedroom at CCK from $800k up.

Hope that I had answered your question.

Feel free to contact me if you need my assistance.

Thanks and Regards
Johnny Goh
R018297H
Dennis Wee Realty Pte Ltd
Group Director
Mobile: 90906267 
Email: johnnygohmh@dwg.com.sg
Website: johnnygohproperty.com Read More