AskGuru Q&A Community

Hi Jules,

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. By the way, if it is bank loan, you just got to set aside 5% cash deposit of the purchase price.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Hi

You may want to text 9620 0827  for a casual chat.

Broadly, 5% of your purchase price.

Gavin Read More

Dear Jules,

For bank loan, you will be required to come up with 5% cash of the purchase price (assuming no COV). CPF can cover the remaining of 20% required as bank loan only allows you to loan up to 75% of the valuation of purchased property. This is the general difference, and of course not forgetting the huge difference in terms of interest rates between bank loan (attractively low rates at this moment) and HDB loan.

Feel free to get in touch with me if you require more details as I am only able to furnish these much based on the information you have provided.

I have been in the real estate business since 2009, with more than 10years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.

We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!

Warmest regards,
Geryl Lim
Associate Deputy Group Director
Salesperson Registration No. R014783H
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
[main] +65 6471 8888  [mob] +65 81577565  [LDA] +65 92787772 
www.geryllim.com
-----
Note: We value your home as much as you do! Find out the indicative value of your home at http://bit.ly/UrHomeMatters and get monthly update on your home value. Restructure your portfolio with us, speak to us!

Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.

Visit and Like my facebook page at https://www.facebook.com/GerylLimSince2009/ - Aspiring To Be The Best Real Estate Agent In Singapore

Pick up knowledge, skills and Real Estate concepts at https://www.facebook.com/RealEstateXcellence/

New Singapore Expatriates on facebook is up and running. Come join us at https://www.facebook.com/groups/newsgexpats/

My self introductory video on https://www.youtube.com/watch?v=uZ6REQfdGSw
-----
Landed Dynamic Alliance
Home of *7772 Hotline
Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ http://l.ead.me/7772 Read More

Hi,

Just to clarify, you are still able to utilise your CPF-OA funds even if you take up a bank loan.

For bank loan, the maximum you can loan is up to 75%. This means that you will need to fork out 25% as downpayment. Out of this 25%, 5% must be in form of Cash, while the balance 20% can be from your CPF-OA. Should there be a shortfall in CPF funds, you will be required to top up in Cash.

Do note that the relevant Stamp duties (BSD/ABSD) applies.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More