3 Answers


Assuming you can max loan component,
For bank loan, there is a minimum 5% cash component. For HDB, you can use CPF fully for 10% downpayment, if sufficient cpf.

It is ideal if you engage an agent to assist with the process who can ensure a professional job and hassle free process. Thanks and hope to discuss further.

Warm regards
Ivan ERA
Website: http://www.ivanng10.com/#!reviews/c11r1
(Client's Testimonials) Read More
Dear Sir/Mdm,

For bank loan, the maximum is 80% of valuation or purchase price whichever is lower. The balance 20% will consist of 5% cash and 15% CPF (or cash if CPF is insufficient).

For HDB Loan, the maximum is 90% of valuation or purchase price whichever is lower. The balance 10% can be payable by CPF (or cash if CPF is insufficient).

Cash Over Valuation (COV) will need to be paid by cash.

Please feel free to contact me if you need more advice.

Nick Tan
(M) +65 9644 4854 
(E) nicktan@propertyavenue.com.sg
(W) www.nick-tan.com / www.propertyavenue.com.sg

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Testimonial for Satisfied Clients (2015)

“Nick from Property Avenue has conducted himself ethically and professionally when handling the sales of our property. Thanks to his patience and perseverance, we managed to secure a sales price beyond our expectations.

We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
Mr & Mrs Tan (Seller of Inter-Terrace House)

“Nick is a responsible, efficient and excellent salesperson. He has very good knowledge of the real estate market and I benefitted a lot from his advice and sharing. He is extremely patient when guiding me through the buying process and I am happy to secure a dream house within my budget with his assistance. A highly recommended salesperson who made my house hunting journey a breeze.”
Ms Chia (Buyer of HDB)

“Nick provides a delightful customer experience from day one when I engage him as my agent to look for a flat of my choice to the completion of the deal. He is competent, resourceful and has a pleasant manner to work with. He is the Agent of my choice in dealing with properties and I would highly recommend him to others who would appreciate an agent that takes care and can give the customer a peaceful mind.”
Susana (Buyer of HDB) Read More


Bank - 80% loan, 5% CASH, 15% CPF and/or CASH
HDB - 90% loan, 10% CPF / Cash.

Let me if I can assist you!

Yvonne Low
Associate Team Director
PropNex Realty Pte Ltd
www.rentahouseforme.com Read More