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We are married sc.Our combined monthly income is 4K.Intend to sell our 5 room flat first and upgrade to 3 bedroom EC.Is it possible to get 80 percent loan from banks enough for 3 bedroom EC?is it possible to get loan around 600k?usually, what are the price range for 3 bedroom EC?
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1 Answer

Hi

Qn: Is it possible to get 80 percent loan from banks enough for 3 bedroom EC?

Ans: Its possible, better to do an In-Principle-Approval to get a confirmation for the banks first. We'll be able to assist to get a mortgage specialist assist with your requirements.

Qn: is it possible to get loan around 600k?

Ans: Loan at 80% for $600k, may be alittle tough for $4k combined income. You may want to consider a smaller 3BR EC unit.

Qn: usually, what are the price range for 3 bedroom EC?

Ans: 3BR EC units are priced from $660k - $1m, depending on project and size.

Do drop us a call or a no obligation discussion and advice on EC purchase.

Thank you

Andrew Ngauw
 8188 8887 
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