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Afternoon,

If you are getting unit that have less than 60 years of lease, you wil also be limited with the amount of CPF fund that you can utilize. And with 60% loan, you cash outlay will be higher. Without knowing how much CPF you have at hand, it's not possible to estimate in the amount of cash required.

Do feel free to contact me for further discussion.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More

Hi,

For PHG for singles, you need to purchase and add your parents name into the application to qualify, which means they have to sell their current hdb. I believe this is not part of your plans.

Most 3-rm units in TPY are 40 years and older hence both your cpf and bank loan amount that can be utilized won't be full. If you really need to be in toa payoh and get a newer resale flat would suggest getting a 4-rm unit instead but the budget might need to up to 600k. I'm working with a buyer looking at TPY flats and also marketing one unit at 79e tpy central hence your dilemma is what my clients are facing as well.

May I understand your plans further so to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

Email: Ivanng10@gmail.com
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Gd morning.
1. With your income. Yes you are not eligible for the grant.
2. For proximity grant, your parents name will be required in as well.
3. To buy a old hdb in tpy, you can only utilize certain amount of CPF for this house. To go into the details of the breakdown, kindly reach me via 91442664  for a detailed discussion.
Hope to assist you in the search of your house.
Tricia tan 91442664  Read More

Hi,

Will recommend you to consider Serangoon Ave 3 HDB based on your budget under single scheme.

I am contactable at 92222389  or onassis@sgrealtor.com / sgagent.com

In all Areas of Singapore. Sale/Buy/Lease/Rent, Please call and/or drop me an email me. I’m always at your Services.

EXPERIENCED. PROACTIVE. SINCERITY. FEEDBACK
ACTA (Full); PDCE (Singapore); MSc BIT(Middlesex); BBA (South Australia)

Singapore Line : (+65) 92222389 
Malaysia Line: (+60) 111-0788889
Email: onassis@sgrealtor.com / sgagent.com
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