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We are both young Singaporeans, married couple, first timers looking for Executive Condominium 3 bedroom with a maid's room near mrt and shopping mall.I saw in the news recently that there's a new Waterway Megamall coming soon.Any available units around there? Our combine monthly income is 10k only and we tried for bank loan and we can only purchase property up to 900k.Are we still able to get a grant? We only have 40k cash in hand for down payment.
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4 Answers

Hi,

There a few ECs that you may want to consider, but the nearest EC (about 7minutes walk) to Punggol MRT & Waterway Point Wall, would be Ecopolitan EC, where 3BR units are going for 833K. It is also expected to TOP in mid 2016, which means a shorter wait to key collection & move in.

Otherwise, there are a couple of other good ECs you can choose from, and nearest to MRT will be Brownstone EC at Sembawang/Canberra, will that be considered?

For breakdown of EC, using 850K as purchase price, breakdown as follows:
Cash 5% 42.5K
CPF 15% 127.5K
Max Bank Loan 80% 680K
Stamp duties & legal fees 3% approx 23K

For 1st timer couple, yes a grant of up to 30K is attainable, depending on your income levels. It can be used to pay downpayment or stamp duties. But a minimum of 5% cash outlay is definitely required.

Thanks and please give me a call if you need more clarifications & recommendations of the best star buy ECs available. Thanks and hope to discuss further.

Warm Regards,
Ivan Ng
Proactive. Sincerity. Feedback.
Email: Ivanng10@gmail.com
Contact: (+65) 97432395 
CEA Registration Number: R052114D
ERA Realty Network: L3002382K
Website: http://www.ivanng10.com/#!reviews/c11r1
(Client's Testimonials) Read More
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Hi there!

You may wish to consider The Vales EC which is a 7 minute walk to Sengkang MRT and Compass Point.

Their 3 Bedroom Premium units (with a yard area, maid's room, maid's toilet) start from $738K and their 4 Bedroom units (with yard area, maid's room, maid's toilet) start from $911K, slightly above your $900K requirement.

Prices quoted are after discount which is for a limited time. Do let me know if you'll be keen to view The Vales and find out more.

Look forward to assisting you!

Bhavina
Senior Marketing Manager
ERA Realty

M: +65 91708295 
E: bhavina7777@gmail.com
W: investbuysellrent.com Read More
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Hi there!

Well noted on your preferences. However to advise more comprehensively, perhaps you could share more on your unit requirements (if any) and exact finances on hands for me to conduct a financial progressive payments to asses which development itself will be best to consider and propose unit layouts accordingly. My company handles the ECs in Singapore and hence, I have a complete inventory of units with latest pricing and discounts.

I had a client, with a similar dilemma recently, and I advised him to purchase an EC (in north-east) after the thorough preliminary checks and calculations. The 1st testimonial in the following link illustrates how I went about assisting him in a step by step and systematic manner : http://www.kumarrai.com/agent-page/88280/testimonials

I will also take this opportunity to share market insights, provide latest up to date transaction caveats, go over the EC purchase procedural framework (regulations, use of CPF/ purchase timeline etc) and legal/ loan matters. Furthermore, there is no fees involved and I'll walk you step by step at no cost.

D Kumar
 +65 96659926 
ERA Associate Division Director
www.kumarrai.com ( Recent Awards and Testimonials)

#1 team of ERA in Singapore, Asia Pacific International for 2014.

ERA 2015 Q1 Top Achievers (Top1% of ERA)
ERA Top Achievers 2013/14
ERA Multi-Million Dollar Club Award
2014 ERA Asia-Pacific Business Conference Elite Award

P Group
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2014 Aug/Sept/3rd quarter/Dec/ Overall 2014 ERA Top Achievers Read More
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GAN ENG JOO ONASSIS
Hi,

Re: One Stop Services for SG properties

We can assist you based upon your stated contents.

Tell us more about your requirements with locations, we can explore further in detail.

We are contactable at 92222389  or onassis@sgrealtor.com.

Onassis Gan Eng Joo - CEA Reg No.: R021244C
CES Certified SG Realtor l SGRealtor.com
agent.myweb.sg (PropertyGuru) / agent.irealtor.sg (iProperty)

SG Hotline: +65 9222 2389 
Email: Onassis@sgrealtor.com
Skype: incomecare

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