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Dear sir/mdm,

Given that your income is $4,000, your loan size is likely in the range of $460,000 +/- and unless you have significant cash and CPF to support your purchase, you are unlikely going to find any condos within the affordability range. In addition, as a single purchaser turning 35, your option for BTO is limited to 2 room flats while you have other options for resale flats, your loan size for HDB is only estimated to be around $225,000 +/- with balance from CPF and cash savings.

Basing on your existing funds, you may actually look into what are the existing resale HDB options you can get to determine if this is something you are considering.

I have been in the real estate business since 2009, with more than 13 years 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 Group Director
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
 +65 92787772 
www.geryllim.com

My self introductory video on https://www.youtube.com/watch?v=S_2NydENfx0

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Hi, appreciate your sharing. Able to do a bank loan check to work out your budget, so that you can plan ahead.
Looking forward to assist you at 9696 4398  or email me at stewartlim96964398@gmail.com

Cheers
Stewart-PropNex Read More

I would be glad to assist you.
Feel free to contact me at wa.me/6597100155 .
Hope to hear from you soon.
Pei
Mobile: (65) 9 7 1 0 0 1 5 5.
Email: peicheng.tan@propnex.com
Associate Group Director
Propnex Realty Pte Ltd

https://linktr.ee/peiproperty
https://r011838b.propnex.net Read More

Hi,

1) Your maximum loan is somewhere around $242k.
2) A BTO is the best choice since it provides a shelter overhead at the lowest cost.
3) The disadvantages are:
(a) You won't know when you will get it.
(b) You won't know where eventually you will be chosen to buy.
(c) You can only buy a 39 or 45 sqm, 2-rm flat.

4) This 2-rm flat will bring you a higher gain than buying a resale 3-rm HDB flat.
5) However, when buying a resale flat you can plan and manage better than the BTO.
6) The most critical is the time. You know that you could sell the resale flat in the next 5 years after purchase, which could be done around 40 years old.
7) Whereas buying the BTO, the earliest would be 2 years balloting + 3 years building + 5 years MOP.
8) So the earliest estimate you could sell will be at or around 45 years old, and it could be as late as 50 years old.
9) You have to weigh the difference and see which fits your plan better.

Please give me a thumbs-up if the answer provided is relevant to your main concern. Thanks!!!

Hope the above answers your main concerns, but if there are more queries, 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
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer Read More