Dear sir and madam,
Zhiwei has probably not explain how he had derived the $1.25m property price, since you have mentioned that your income is less than $10k but exactly how much lesser? You have also not touched on other factors if you are currently owners of any properties as well as has any other commitments in terms of financial.
Assuming the full amount of $250k is pumped into the deposit (CPF + cash) and not considering any other miscellaneous cost, and that this is your first property and will be eligible for full 80% loan amount, your $250k will constitute to the 20% downpayment, where the final quantum will work out to be $1.25m. That aside, as it involved loans from financial institution, it is the best if you seek the professionals in the financial industry to assist you in working out your probable loan quantum that you are comfortable in servicing. After deriving this magic figure, perhaps then we can look at what are the available 3 bedrooms options for you.
Should you require any further assistance, do not hesitate to contact me.
Regards,
Geryl LIM
District Manager/Real Estate Consultant
CEA Reg R014783H
Mobile:
+65-81577565
ECG Property Pte Ltd (L3009759F)
Dynamic Alliance Group @ www.DAG.com.sg
**Aspiring to be your preferred partner in real estate**
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