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We are first timer buyers looking to buy a flat, we do not mind waiting. But it is very difficult for us to offer any cov. We have got a loan approval from hdb for $277k. We are hoping to get a 3 room at bedok reservior / ubi / toa payoh lorong 1 (block 158 - 172) area.

With some patience, is it possible for us to get a flat with our requirements?
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1 Answer

Hi Gary

Thanks your question.

From your queries I gathered you are genuinely would like to secure a unit for you and your partner, or for your family as well.

You seem have done quite a bit of ground work and have selected few places for a home to be and gotten a preliminary loan approval from commercial banks, and perhaps COV is your concern in this case.

Since recent government announcements the COV has very much been adjusted downwards as compared with last time. There are also many units in the market now that the cov is on the low side. However a no cov unit may not come by at times or rather it would have been grabbed by others if there is and hence in this case you may really need to be patient a little.

Think of your love ones, if you have a home, and how nice if there have a permanent place to be with you everyday, and nonetheless a property investment in Singapore is always a win-win situation. =)

Should I can be of further assistance please do not hesitate to contact me.

Regards
Ally Chin
Propnex Realty P/L
Mobile: 811 222 13 Read More
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