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I'm a divorcee age 37 without kid earning 4.5k per month. I applied for HLE and was given around $290k.

I have 150k in my Ordinary account. Can I purchase a 530k HDB 4-room flat despite after deducting my 150k CPF, there is still a balance of 380k which exceeds my HLE approved amount.

Can I still buy the flat and top-up the monthly shortfalls with cash?
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4 Answers

Morning,

Based on approved HLE and the amount of CPF you have in hand, you are only eligible for purchase of around $430k, with topping up extra cash, excluding legal and stamp duty. If you are looking at getting a unit of $530k, you will need to top it up with $100k cash.

Do contact me for further discussion.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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Hi,
For the purchase price of 530K, less 150K cpf (OA), less 290K HLE, the shortfall is 90K have to pay in cash upon purchase. Please drop me an email for me to advise you more details.

I can be contactable at my mobile or email.

CK Ang
 9046 3808 
res.ckang@gmail.com Read More
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YT Tan (陈永达)
Good afternoon buyer,

You cant repay the shortfall via monthly cash repayment, you have to pay it upon purchase.

I will advise you to look at units around $420k +/- which will better suit your finances.

Hope my explanation helps!

If you need any assistance or advice in your property purchase, feel free to contact me. Cheers!

YT Tan
 9111 5171 
yt.lovelyhomes@gmail.com
www.yttan.com Read More
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Hi there,

Please feel free to contact me at 96659926  / drop me a email for a non obligatory discussion for me to better understand your requirements and specifications to be in a better position to advise you further in the most detailed and thorough manner.

Visit my website to view my testimonials & recent awards to gather more information on me: www.kumarrai.com

D Kumar
 +65 96659926 
ERA Associate Division Director
www.kumarrai.com
www.singapore-newproperties.com.
contactdkumarrai@gmail.com

About Me-

ERA Top Achievers 2013/14
ERA Multi-Million Dollar Club Award
2014 ERA Asia-Pacific Business Conference Elite Award

P Group-
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2014 December ERA Top Achievers
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