AskGuru Q&A Community

Hi, you could buy any price or size of the next private condo as long as your bank can approve the loan.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Hi do contact me at 97970200  to discuss more

Mark, your RIGHT choice
MCG Read More

To be very frank, based on descriptions, you are likely to be limited to choices for the next purchase. It will be in your interest to seek a bank in principle approval, speak to the banker to find out the various financial commitment you will be undertaking for making such a move prior to moving further ahead.

I am assuming that your reluctance to liquidate the existing HDB is due to sentimental reasons, however, if we look into the financing aspects for selling the existing HDB and purchasing a private, you can probably make a decision more suitable for your household needs. There is no obligations for a consultation session before your decision is made.

Let's catch up further if you are open for a more detailed discussion.

We value your home as much as you do! Find out the indicative value of your home at http://bit.ly/UrHomeMatters and get monthly update on your home value.

Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.

Thank you for your support in 2016 for the Top Producers Award - https://bit.ly/No1Team

Visit and Like my facebook page at https://www.facebook.com/propertyblogshop/

Pick up knowledge, skills and Real Estate concepts at https://www.facebook.com/RealEstateXcellence/

New Singapore Expatriates on facebook is up and running. Come join us at https://www.facebook.com/groups/newsgexpats/

My self introductory video on https://youtu.be/6UfrCOCB6Mg

Regards,

Geryl LIM
Consultant - Director
Global Alliance Property (L3010679B) - Century 21
CEA Reg R014783H
Mobile: +65-81577565  /+65-92787772
Email: geryl7772@gmail.com

G.A Landed Dynamic Alliance
Home of *7772 Hotline
Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now! Read More

Hi

Under your current situation, to purchase will be an issue as you must set aside for the Basic Retirement Sum(CPF) as it is under 2nd property, which render that you cant use your cpf to pay base on your current cpf 150k. which only left with 100K for any development 20% down payment, and basing on TDSR loan will be another issue. on top of that with ABSD 7%.

The best alternative is to start planning, by 1st understanding your finances. but likely you will need to leverage on selling your existing house.

Do contact me, so to explain and provide more options.

Br
Shawn
 90294371 
shawnchewproperties@gmail.com Read More

Hi,

There are several important information missing here.

Before I can give a more appropriate recommendation, I will need to know more in-depth details from you.

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

Hi,

The situation you faced are as follow:
(1) CPF 150k:
If you had utilized CPF to buy current HDB flat. You have to set aside BRS in your CPF account.
Current BRS (2018) is $85,500. Thus you only left with $64,500. If you intend to use this amount for the 15% down payment,
you can only purchase a private property at or around $430,000.

(2) Cash 100K:
Lets say it is still $430,000 property.
You will need to use this cash for 5% down payment, which is $21,500.
ABSD 7%: $30,100.

From the above calculation, you can afford one bedroom or studio unit at most $450k~$500k, dependent on how far you can stretch.

Hope the above answer to your main concerns, but if there are more queries, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com

Note:
Any response to our answer do not reach us until we scroll through each and every queries posted daily.
The best way to get a follow up is to whatsapp or email us directly. Read More

Hi,

Thank you for your query.
I noticed you have posted a couple of queries lately in the past week of similar nature. You could consider calling up someone of your choice, you deem suitable, and clearing your doubts and garnering more info on the market which will be more helpful and effective for you rather than getting burst of info here and there which may not aid your understanding much. Having said that, I am available for discussion anytime and would lend assistance should you require.

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 2015 Q1 Top Achievers (Top1%)
ERA Top Achievers 2013-2017
ERA Multi-Million Dollar Club Award
2014 ERA Asia-Pacific Business Conference Elite Award

P Group
Overall Top 100 achievers 2014-2016 Read More

Hi

It would necessary to have the required information before we advise appropriately.

If you would write to gavin.ng@orangetee.com, we would be most glad to do a proforma financial statement for your reference.

Regards

Gavin Read More

Good afternoon Kelvin,

I replied 2 of your posts recently thus I presume you should more or less have an idea about the cooling measures already.

Do take note that max loan tenure for both of you is 19 years based on your age so loan amount will be significantly reduced from my previous reply as I quoted based on 30 years.

As for basic retirement sum (BRS), you have to set aside $85.5k in CPF OA + SA individually if you have utilised CPF OA funds in your current 5rm flat. So I am not sure whether your $150k is inclusive or exclusive of BRS.

In order to find out whether are both of you good to go for investment will depends on this figure now. If you are able to share more with me, I will be able to determine so.

Usually i will meet up my buyers to discuss and explore their option first. During the meet up, I will share about the property outlook with my clients and tailor make a plan that suits best for them in years to come cause i want my client's money work harder for them.

Do let me know whether will you be keen for a cup of coffee. Cheers!

"Your Freehold Ally, Leasehold Tactician"

YT TAN 陈永达 | ACCA Graduate, RES
Associate Group Director
R043025D
Propnex Realty Pte Ltd
Blk 480 Lorong 6 Toa Payoh, #11-95 HDB Hub East Wing, Singapore 310480

(M): +65 9111 5171 
(E): yt.tan91115171@gmail.com
(W):www.yttan.com
(FB): www.facebook.com/yttanassetprogessor

Accolades:

Platinum achiever (Clock $100k commission within 1 month) August 2017(Propnex)
Top Individual Achiever August 2017(Powerful Negotiators Group)
Top Private Property Transactors January 2017 (Propnex)

Find out your property value for FREE on a monthly basis. Simply sign up by clicking the link below:

http://bit.ly/yt_proptrack Read More

Hi buddy, many road leads to Rome. The most important thing will be: what works for your family based on current situation.

Please feel free to check out my FB.me/EdPropertySG

We can meet up to discuss further :)

Sincerely,
Edvan
 84241222  Read More