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Morning,

From the sales, you should be getting $340k profit, including CPF and cash. Plus $150k in CPF, you have about $490k in hand. Depending on your age, income status and credit record, you can choose to upgrade to 5 room / EA or to a more centralised location. If you are looking at condo, it will have to be nothing bigger than 2 bedroom units.

It would be prudent for us to meet up and work out your sums, so as to gain more persepective of the situation.

Do feel free to contact me for detailed discussion.

Regards
Mike Lim
 96929209 
ERA Read More

Dear sir/madam,

What you have presented is the financial status of your existing savings as well as the possible project sales proceeds for your unit if you sell.

Like Mike has mentioned, with only these factors considered, it is likely that you can look at 5room/EA and maybe a possibility of a 2 bedroom condo. Have you talked to a banker to find out that should you be looking for something bigger, what is the capacity that the banks will be able to loan to you?

Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565 
Email: lim.geryl@yahoo.com.sg Read More