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Good morning Sir/ Mdm,

Yes you will be able to finance monthly mortgage instalment via CPF OA funds. Cash top up will be required if CPF OA funds is not enough to cover full instalment.

Have you speak to a banker in regards to your bank loan in principle approval? Max loan is up to 75% (subject to 55% total debt servicing ratio).

Initial payment for new launch will be:
5% cash downpayment
15% cash/ cpf downpayment
3 to 4% buyer's stamp duty
legal fees
valuation fee etc

Another 5% cash/ cpf downpayment will be required at a later stage when foundation is completed.

Currently there's preview for Piccadilly Grand. If you are keen to find out more, feel free to contact me.

Hope my sharing helps in aiding in your enquiry. May I know how can I value add further in your property needs?

Best regards,

YT Tan
Property Kaki
You dream. I create. We make it happen!
Association of Chartered Certified Accountants Graduate
Singapore Accredited Mortgage Planner Read More

Good morning,

Sure I am happy to assist. May I know the number of rooms you would need? Piccadilly Grand is currently still in fhe preview phase, and booking of units most likely depends on balloting.

Hope the above clarifies. May I have more info and requirements about your plans so as to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,

Ivan Ng Realtor
ERA Senior Marketing Director
ERA Diamond Achiever Read More

Dear Sir/Madam,

Yes you would be able to pay instalment from CPF OA.
Kindly contact me with more info I can go through a detailed financial calculation/payment timeline with you.

Thank you and best regards,
Jenny Tran
Propnex Realty Pte Ltd
(HP) +65 97261112 
Whatsapp: https://wa.me/6597261112
(Email) jenny.tran@propnex.com
BSc (Real Estate) (Hons)-NUS

Testimonial from Satisfied Clients
-- My husband and I wish to commend the sincere attitude and good customer service rendered by your staff Jenny, who handled the sale of our 5R HDB flat early this year. We have met several agents but none as genuine as Jenny. Being a seller agent, she took our interest at heart in handling the sale, unlike other agents who are self-interest. Jenny is punctual and prompt in the whole dealings and we were convinced that such an agent is hard for find nowadays. Jenny is a trustworthy, honest, sincere and hardworking agent. We are happy with her service and would gladly recommend her to our friends in future. Jenny is an asset to Propnex and the organisation should value her. Thank you Jenny for her efforts--
Mr and Mrs Soo (HDB seller)

--Jenny is very committed and responsive to her clients and she has spent hours updating them and looking out for great deals and even tailor-made property proposal geared towards their needs. Will certainly refer her to others and will definitely approach her again in her future--
Nick and Kim (New launch buyer)

--Jenny did a great job helping my wife and I sell our unit. She took active steps to walk our neighbourhood to understand what she was marketing. During the marketing period, she managed potential buyers and provided timely updates and recommendations so we could stay on top of the process. Overall, Jenny was professional and helped us to achieve a positive result which we are very thankful for--
Aaron ( HDB seller)

--Jenny was very passionate and went the extra miles to help. Thanks to her professional advice and recommendations, I had finally found my dream home--
Yvonne (New launch buyer)

--Appreciate Jenny's clear and prompt communication style with us and other stakeholders. She was also patient and client-centered throughout the process of finding a home that met our criteria. As a first-time home buyer, we appreciate how she went out of her way to explain the process and answer questions we had--
Samantha (Resale condo buyer) Read More

Hi,

I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead. Bu the way, I am marketing this project at Piccadilly Grand and hope to arrange a viewing for you at the showflat.

Regards
Aaron Chong Read More

Hi,

1) Your question was under the category of Piccadilly Grand which is a private condo. And yet your question was to secure a flat.
2) I would assume you are asking whether can use CPF to purchase a private condo. The answer is positive.
3) For private condo purchases, the maximum loan you could leverage from a bank is 75% if this is your first mortgage loan.
4) Down payment of 25%, the 5% must be in cash, and 20% can be cash and/or CPF.
5) You may use your CPF in your ordinary account for the monthly mortgage.

Hope the above answer your main concerns, but if there are more query, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK Read More

Hi,

I understand you are interested in Piccadilly Grand. Yes, you will be able to use your CPF OA for the mortgage installments. I would be happy to share with you the Progressive Payment Scheme for new launch condos like Piccadilly Grand to give you a better insight on the finances and timeline. I also have contacts to mortgage bankers from various FIs to assist in your loan.

Piccadilly Grand is currently in its preview stage, and I would be happy to arrange a showflat viewing ASAP. May I know how many bedrooms you are looking at?

As I wont be able to contact you via PropertyGuru, do drop me a text/call at 9652 2440  when you are free to discuss further!

Thank you and Best Regards,
Felant Ho
Co-Founder of J&F Properties Read More

Hi Sir/Madam

For more information and showflat appointment:
https://96608508-northumberland-residences.eraprojects.sg
Or click https://wa.me/6596608508, I will be glad to bring you around

1. How many bedrooms are you looking at?

2. Do you intend to take loan for your purchase?
If yes, Before shortlisting project/unit, I will suggest to check your in principal approval of your loan from banker.
I can connect you with reputable banker for this, free of charge and no obligation.

3. For Singaporean first property, assuming Based on $1 mill for illustration purpose only, and assuming loan is 75%
5% Cash = $50,000
20% Cash/CPF = $200,000
BSD (Cash/CPF) = $24,600
Legal fee = $2,500 (estimated)
Please contact me at (65) 96608508  and I can share the breakdown for this calculation including timeline.

I will be glad to assist, no agent fee from private property buyer
I have current price list, promo of every projects in Singapore and will be glad to advise you

I won't be able to contact you first from PropertyGuru
Appreciate if you can contact me at (65) 96608508 
or click here https://bit.ly/WaSilvia to whatsapp me for no obligation discussion
Thank you.

Warmest regards,

Silvia Yang

Senior Marketing Director
ERA Realty Network Pte Ltd
Mobile: (65) 9660 8508 
Email: Silviayang8@gmail.com Read More