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May I know is it possible to buy a 3 Bed Room Condo which is near to MRT at 1M?? Assuming I do not have any outstanding HDB loan, maximum we could loan is 80% from the bank? How much could a 4R HDB flat be able to rent for an area in Tiong Bahru?
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6 Answers

Hi,

For 3 bedroom condo near MRT at $1m, you have more options with older condos in the outer regions like Woodlands, Bukit Batok or Pasir Ris, definitely not in Tiong Bahru. If there's no outstanding loan now, yes your next property is max 80% from bank. A 4 room HDB, depending on which location, should be able to fetch 2.5k to 3k. For example the newer ones at Kim Tian or Jalan Membina can fetch 2.5k to 3k.

May I have more info and requirements about your plans 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)
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Hi Mugen, yes it is possible to get a 3 bedroom at 1m and also near MRT. And for your case, yes your loan will be at 80%.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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Hi Mr Mugen,

Let's address your concerns.

1. With no outstanding loan , you can apply for 80% maximum loan for your next purchase.
2. With $1m, perhaps you can consider a wider range of older condominiums out of the city fringe area or possibly new launches due for completion sometime soon. I can send you a complete inventory of units with unit details and pricing , if requested for.
3. The exact rent for your unit can be deciphered proper once I have details of your residence plus factor the unit condition / elevation etc - we could go over the recent rental transactions in your block and surrounding locations to peg the exact rough rent you could expect.

Please do contact me at 96659926  for a short in depth discussion to value add your purchase and offer thorough insights to the property outlook! Visit my website for my recent accolades, awards and testimonials@ www.kumarrai.com.

D Kumar
 +65 96659926 
ERA Associate Division Director

#1 team of ERA in Singapore, Asia Pacific International for 2014/5/6/7

ERA Q1 Top Achievers (Top1%)
ERA Top Achievers 2013-2017
ERA Multi-Million Dollar Club Award
2014-2017 ERA Asia-Pacific Business Conference Elite Award

P Group
Overall Top 100 achievers 2014-2017 Read More
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Robbie Chen Chee Howe
Hi Mugen,

Yes, it is possible to get a 3BR at $1m range. I had recently helped my Buyer got a good-sized (9xx sqft) Freehold 3BR condo in city fringe area, minutes to MRT, at below $1m. PSF$ is below $1000psf.

A 4RM flat in Tiong Bahru estimated rental is around $2500 to $3000, depending on unit condition, furnishings, tenant profile etc.

Should you need any further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you and your partner in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More
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Hi Mr. Mugen

Please contact me at 96608508  or Silviayang8@gmail.com for non obligation disussion
Thank you.

Warmest regards,

Silvia Yang
Propnex Realty Pte Ltd
 (65) 96608508  Read More
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Hi,
There are a few good projects for your consideration. Please drop me an email for me to share.

To assist and advise you more in details, kindly drop me an email for me to share.

I am contactable at my mobile or email.

CK Ang
 9046 3808 
res.ckang@gmail.com Read More
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