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I'm 52,monthly salary $3200,CPF OA A/c 140K with cash 500K.HDB flat worth 750K with loan settled.Looking for new condo 2- bedder in D19 near MRT for investment.Any recommendation? Possible to get 80% loan from banker and also the maximum loan period for me? Thanks.
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4 Answers

YT Tan (陈永达)
Morning Andrew,

As long as you have no outstanding housing loan, most banks will loan you up to 80% of the valuation/ purchase price. Let me introduce some bankers to advise you on that and the maximum loan period.

After setting off the minimum of $65,500 in your CPF OA acc, you will be left with $74,500. In addition to your cash, you will have $574,500. This amount will be eligible for the 20% downpayment.

You can even afford to buy a bigger unit.

Let us get in contact with the banks for advise first before we start your house hunting.

Looking forward to hear from you soon!

Warmest Regards,
YT Tan
ECG Property
M: (+65) 9111 5171 
E: yt.lovelyhomes@gmail.com Read More
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Hi Andrew,

Luxurie at Sengkang which is just 5mins to Sengkang MRT station.
Feel free to contact me for further discussion.

--
Cheers,
William Koh
 9027 1972 
willkck@gmail.com
www.GuruSg.com
www.sgRippleBay.com
www.sgBartleyResidences.com
www.sgSkyHabitat.com
www.myBedokResidences.com
ERA Read More
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Hi Andrew,

I am marketing an upcoming launch at Punggol Central, 2mins' walk / right opposite Punggol MRT. Pls contact me for more info. Alternatively, Luxurie, which is also right opposite Sengkang MRT, is also a very good choice. Do let me know and I can refer you to a mortgage banker who can advise on your maximum loan attainable.

Thanks,
Wee-Ling
 9851-5470 
weeling.chew@gmail.com Read More
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