6 Answers

Hi Bryan,

Minimum cash requirement for any property purchase will be 5% of the purchase price, balance of 20% down payment can be made via CPF, if you are eligible for maximum 75% loan for the purchase.

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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1
Hi Bryan

Breakdown as follows, for SPR 1st purchase of $1mil property:

Cash 5% 50k
CPF OA 20% 200k
Max Home Loan 75% 750k
BSD and ABSD and Legal Fees Approx 8% 80k (can use CPF OA if sufficient)

Hope the above clarifies. May I have more info and requirements about your plans so as to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,

Ivan Ng Realtor
ERA Senior Marketing Director
ERA Diamond Achiever

SEAA Salesperson Achievement Award 2021 (Gold)
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ERA Top 93th Achiever for Full-Year 2020 (Top 1.5% Company Level)
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SMU BBM (Finance), Magna Cum Laude
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0
Hi

The normal structure of payment will be 5% Cash, 20% or Cash for the balance down payment with the balance 75% on bank loan.

However, do note that the timing of payment may varies with new construction and resale.

You may text 9620 0827  for a casual chat.

Warmest regards

Gavin Read More
0
Hi

The normal structure of payment will be 5% Cash, 20% CPF or Cash for the balance down payment with the final balance of 75% on bank loan.

However, do note that the timing of payment may varies with new construction and resale.

You may text 9620 0827  for a casual chat.

Warmest regards

Gavin Read More
0
Hi, appreciate your sharing
5% cash
20% cash or CPF OA

stamp fees - cash or CPF OA
assuming 75% loan
Looking forward to assist you at 9696 4398  or email me at stewartlim96964398@gmail.com

Cheers
Stewart-PropNex Read More
0

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