Asked by New Buyer
What can $120K cash + CPF do? Any chance to get a 800+sqft 2 bedder Private Apartment? I heard there are some exception cases where bank loan up to 90%, is that true?
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1 Answer
Hi,
A more realistic budget for a 800+ sqft 2 bedder would be $750K upwards i.e. min of $168K cash + CPF for downpayment and stamp duty.
For $120K cash + CPF, you could look at the newer apartments where a 2 bedder could be 500 sqft at $600K.
On 90% loan, you could check with the banks but I highly doubt it unless you are a premium customer or staff of the bank.
Best regards,
Jeron Lee
Jones Lang LaSalle Residential
Mobile/WhatsApp: +65 90015060
Email: jeron.lee@jllassoc.com Read More
A more realistic budget for a 800+ sqft 2 bedder would be $750K upwards i.e. min of $168K cash + CPF for downpayment and stamp duty.
For $120K cash + CPF, you could look at the newer apartments where a 2 bedder could be 500 sqft at $600K.
On 90% loan, you could check with the banks but I highly doubt it unless you are a premium customer or staff of the bank.
Best regards,
Jeron Lee
Jones Lang LaSalle Residential
Mobile/WhatsApp: +65 90015060
Email: jeron.lee@jllassoc.com Read More