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Good evening Mashuk,

Let me share with you data on Singapore's property market then from there, you can gauge whether is it a good time to invest in property right now.

Foreigner are eligible to purchase private property like condo, apartments, cluster housing in approved condo developments and houses in sentosa.

If you are working, you are eligible for max 80% bank loan. Therefore your downpayment is 20%.

Do take note that foreigners are subject to 15% additional buyer's stamp duty on top of buyer's stamp duty.

Therefore you have to have at least 38% of purchase price ready.

For instance, $380k for a $1m property.

May I know how much funds do you intend to use for this purchase?

- One of well-earned Star Performers under the category of Top Private Property Transactors in Jan 2017-

Warmest Regards,

YT TAN 陈永达 | ACCA Graduate, RES
Associate Group Director
R043025D
Propnex Realty Pte Ltd
Blk 480 Lorong 6 Toa Payoh, #11-95 HDB Hub East Wing, Singapore 310480

(M): +65 9111 5171 
(E): yt.tan91115171@gmail.com
(W):www.yttan.com
(FB): www.facebook.com/yt.tan91115171/ Read More

Hi,

Thanks for your query!
Well it's a known fact that investment in property can hardly go wrong especially when we are a nation in scarcity crisis. However having said that, it is apt we tap onto the better properties; with attributes that will always be sought after by investors for sale in the future or tenants for rental yield. It's key you understand the procedural framework before committing.

Perhaps you can share more on your investment objectives but most importantly the requirements ; any particular type/ location/ budget.

The first step to move ahead is always getting the finances settled.
Have you gotten an IPA done? If not done so, I can link you up with my bankers who will assist you with the approved loan , at no cost. If you have your own preferred banker, that's fine too. Following that, I will conduct the financial cash computations and progressive payments with timeline to illustrate the options you could consider.

There are currently many projects with ongoing discounts! Perfect time to leverage on the weak market before some reviewal of measures are considered. Having said that, these properties must nonetheless compliment the investment objective you have in mind, as that's priority.

Furthermore, there is NO agent fees involved! So you can take this opportunity to discuss more on your preferences & for me to give an entire overview and share more insights to the market, chart out the market price analysis and recent sales transaction caveats, work out comprehensive financial cash projections and provide you with up to date information to the procedural steps and its associated wings- financial (loan) , legal matters etc.

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

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

ERA 2015 Q1 Top Achievers (Top1% of ERA)
ERA Top Achievers 2013/14
ERA Multi-Million Dollar Club Award
2014 ERA Asia-Pacific Business Conference Elite Award

P Group
2015 Feb/ April/May ERA Top Achievers
2014 Aug/Sept/3rd quarter/Dec/ Overall 2014 ERA Top Achievers Read More

Hi Mr Mashuk,
There are a lot of new launches and some start buy. Please drop me an email for me to share with you for consideration.

To assist and advise you more in details, kindly drop me an email for me to share.

I am contactable at my mobile or email.

CK Ang
 9046 3808 
res.ckang@gmail.com Read More

Dear Mr. Mashuk Murad

Read this first...

https://www.linkedin.com/pulse/download-property-insights-guide-2017-mani-subramanian-veeramani

https://www.linkedin.com/pulse/download-real-estate-investor-due-diligence-checklist-mani?trk=mp-reader-card

https://www.linkedin.com/pulse/top-20-reasons-why-invest-v-shenton-mani-subramanian-veeramani?trk=mp-reader-card

https://www.linkedin.com/pulse/why-should-you-invest-property-mani-subramanian-veeramani?trk=mp-reader-card

https://www.linkedin.com/pulse/property-investors-guide-101-mani-subramanian-veeramani?trk=mp-reader-card

https://www.linkedin.com/pulse/common-mistakes-property-investors-make-mani-subramanian-veeramani?trk=mp-author-card

https://www.linkedin.com/pulse/why-investors-snapping-up-shophouses-mani-subramanian-veeramani?trk=mp-author-card

https://www.linkedin.com/pulse/invest-industrial-property-101-mani-subramanian-veeramani?trk=mp-author-card

https://www.linkedin.com/pulse/5-mistakes-first-time-property-investors-make-subramanian-veeramani?trk=mp-author-card

https://www.linkedin.com/pulse/download-investing-property-singapore-smart-home-mani?trk=mp-author-card

https://www.linkedin.com/pulse/4-questions-ask-yourself-before-investing-checklist?trk=mp-author-card

https://www.linkedin.com/pulse/how-make-smart-property-investment-during-slow-market?trk=mp-author-card

https://www.linkedin.com/pulse/strata-houses-good-investment-more-top-stories-inside?trk=mp-author-card

https://www.linkedin.com/pulse/singapore-favourite-among-asian-investors-global-2016?trk=mp-author-card

There is so much other important information that you should know…
First I educate my buyers and sellers, help them to make an informed decision.
That’s why there are more than 12,234+Fans following me on LinkedIn
https://www.linkedin.com/in/AskRealtorMani http://bit.ly/AskRealtorMani

Check it out these 458+ posts, contains useful guides & tips, etc.
https://www.linkedin.com/in/AskRealtorMani/recent-activity/posts/
DOWNLOAD, “The Ultimate Home Buyer’s-Seller’s Guide”
https://goo.gl/bdsQDS forward/share this link with your Facebook friends as well.

Mani
Connect & Follow https://www.linkedin.com/in/AskRealtorMani
Questions? #AskRealtorMani Call/SMS/WhatsApp +65 8300 4411  Help@AskRealtor.sg
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Hi Sir. there is currently a brand new condo in the west. Selling below Jurong & Wesr coast pricing. Everyday units are running very fast. Feel free to reach me via a call/msg at 91442664 .
Tricia Tan 91442664  Read More

Hi Sir,

For residential properties, you will be liable for a 15% Additional Buyer Stamp Duty on top of the normal stamp duty of about 3%. You will be paying about 18% worth of stamp duty when purchasing a residential unit. Residential properties are also in a state of oversupply as rental are weak with new supplies coming into the market over the next few years.

This is the main reason why investors like yourself are turning their attention to commercial properties instead. Please feel free to contact me so that I can share with you a commercial gem in East Coast area which is freehold and 2 mins walk to MRT. Rental yields are projected to be in the region of 5%.

This will be a good investment option as compared to residential investment where yield are often in the region of 2% with limited upside potential!

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
(W) www.nick-tan.com

Testimonial from Satisfied Clients (2016)
“Nick is a responsible, efficient and excellent salesperson. He has very good knowledge of the real estate market and I benefitted a lot from his advice and sharing. He is extremely patient when guiding me through the buying process and I am happy to secure a dream house within my budget with his assistance. A highly recommended salesperson who made my house hunting journey a breeze.”
Ms Chia (Buyer)

“Nick provides a delightful customer experience from day one when I engage him as my agent to look for a flat of my choice to the completion of the deal. He is competent, resourceful and has a pleasant manner to work with. He is the Agent of my choice in dealing with properties and I would highly recommend him to others who would appreciate an agent that takes care and can give the customer a peaceful mind.”
Susana (Buyer)

“Nick is very pro-active in helping us to resolve whatever questions and problems that we encountered. All the issues are settled even before us having to request or ask for a second time. He was very frank and transparent with all the details, limitations and advantages that we wouldn’t have known. I think this is the most important virtue to be successful in this line. I will surely recommend him to anyone who needs his service because I trust that they will be equally satisfied!!”
Mr and Mrs Chan (Sold and Bought a property through Nick)

“We are very grateful to Nick for his extensive marketing efforts. With his comprehensive marketing plan, he helped us to achieve a record selling price within 2 weeks of listing our property for sale! We highly recommend his service to anyone who is keen to sell their properties.”
Mr & Mrs Wong (Property Seller)

“Nick has conducted himself ethically and professionally when handling the sales of our property. Thanks to his patience and perseverance, we managed to secure a sales price beyond our expectations.
We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
Mr & Mrs Tan (Seller of Inter-Terrace House) Read More

Hi Mr. Mashuk

I will be glad to assist
Please contact me at (65) 96608508  or Silviayang8@gmail.com
Thank you.

Warmest regards,

Silvia Yang Read More