AskGuru Q&A Community

Good morning! Based on mathematical calculation, with a $120k to cover 20% downpayment and estimated 3% buyer's stamp duty, you should be able to afford a $521k property. With this $521k quantum, most likely this property will be a new launch. Will you be keen in owning your own property rather than paying for other people's mortgage (rental unit)? Hope to hear from you soon! I can ask my banker to advise you on your in principle approval too. Cheers! YT Tan ECG Property 9111 5171  yt.lovelyhomes@gmail.com Read More

Dear Sir, 1st, I would advise you to position yourself before entering the market. 1st thing to do is to understand your finance situation with my banker and than to decide the type of property suit you better. Do it correctly as it's your hard earn money. Happy to discuss further with you. My email is ongchengloke@yahoo.com.sg. HP: 97959813  . Vincent Ong DTZ Read More

Afternoon, Assuming that your credit record is healthy, you should be able to look into property of around $500k. Since you need a place within the next 4 to 6 months, resale HDB should be a better choice. With the estimated budget, you can look into 3 to 5 room flat, depending on location and sizing. Do feel free to contact me for further discussion. Regards Mike Lim 96929209  m52i@yahoo.com ERA Read More

Hi... based on your financial info provided, you will be able to look for a private apt in the range of $530k, this will enable you to sufficiently cover the 20% downpayment, stamp duty and lawyer fees while the remaining 80% is likely to be approved from the bank. You may also want to consider HDB purchase as they will likely meet your requirement for amenities. Do drop me a call to discuss your purchase plans moving forward and we can start your home search in the most efficient way. Thank you and have a pleasant day ahead. Andrew Ngauw 8188 8887  andrew.ngauw@gps.com.sg GPS Alliance Pte Ltd Read More