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Evening,

As to what unit to purchase would really depend on your near and long term plan. Do you want to purchase a private property, get mortgage loan and pay for it for life, if your income is not good enough? Or purchase resale HDB unit with lower loan amount, fulfill the MOP and purchase your second property down the road? I do not deny that you currently have enough to facilitate the purchase of resale private property but will you be paying through your nose if he mortgage is high?

Regards
Mike Lim
 96929209 
ERA Read More

Dear sir/madam,

As pointed out by my fellow professionals, basing purely on your OA and cash portion on hand, you are likely comfortable to look at properties with price tag of $750k range, but do bear in mind that this price range is derived from your information and does not necessary mean you are eligibile to take up loan for the remaining sum required to purchase. To be eligible for loans, you need to check with bankers where they will assess you financially in terms of your income and expenses, therefore it will be prudent to talk to a banker first before making your next move.

Regards,

Geryl LIM
District Manager/Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565 
ECG Property Pte Ltd (L3009759F)
Dynamic Alliance Group @ www.DAG.com.sg

**Aspiring to be your preferred partner in real estate** Read More

Hi, as someone that was in the similar position. I would definitely advise you to opt for a HDB.

Given HDB's current regulations, if you own private property, you cannot own HDB unless you sell it, but if you now buy a HDB, you can own a pte property in 5 years time.

Living in HDB also means that there is more interaction with neighbours and that makes life more interesting as a Single.

Since you drive, you do not need to be near the MRT, you can have some peace and quiet, yet choose one that is not too far from amenities like supermarket, food outlets etc. Anyway, everything is nearby when you've got a car.

5 years later once the minimum occupation period is up, you've saved even more money, got even more CPF, you can then plough it into a Condo. You can then rent out your HDB and stay in the Condo or vice versa.

Think about it, and call me, we can go for coffee.

Making dreams come true, one home at a time,

Yian Tay
ERA Realty Network Pte Ltd
Mobile: 82884499 
Email: yiantay.era@gmail.com
CEA Regn - R027190C Read More

Dear HDBBuyer,

Your nick speaks for itself. You want to buy a HDB flat. And I definitely advise you to purchase a HDB flat as your first property unless you are someone who will utilize all the facilities in a condo.

Looking at your current finances, you can easily find a good 4/5-room flat in many good locations. You can use your remaining cash to do up your new home and it shall be your favourite place to hang out after work everyday.

Please feel free to give me a call at 91443311  . I am sure I can be of great help to you in your house-hunting.

Take care.

Darren Lim
HP: 91443311 
Email: darrenlim.era@gmail.com
ERA Realty Network Pte Ltd Read More

Hi,

Regard to your question. Why not you just drop me an email at ot1984pierre@gmail.com or Contact me @ +65 8 2 7 9 8 3 2 7

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Shalom

Regards

Koh Z H
hp- 8 2 7 9 8 3 2 7
Cea Reg - License Number - R 0 5 7 8 1 0 C
Orangetee - L 3 0 0 9 2 5 0 K
AAG

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