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Hi Joan,

I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead. There is no min nor max cap for foreign purchaser but do take note of the additional stamp duty payable.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Hi Joan

1) Foreigners are eligible to puchase non-landed private property.
There will be no minimum value of property allowed to be purchase by a foreigner

2) Foreigners can even qualify for a mortgage if meet certain requirements.
Do you intend to take loan for your purchase?
If yes, Before shortlisting project/unit, I will suggest to check your in principal approval of your loan from banker.
I can connect you with reputable banker for this, free of charge and no obligation.

3) Based on $1 mill, and assuming loan is 75%
5% Cash = $50,000
20% Cash/CPF = $200,000
BSD (Cash/CPF) = $24,600
ABSD (Cash/CPF) = might apply
Legal fee = $2,500 (estimated)
Please contact me at (65) 96608508  and I can share you the breakdown for this calculation including timeline.

4) How many bedrooms are you looking at and which area you prefer?
I have current price list, promo of every projects in Singapore and will be glad to advise you

I have assisted many foreigner purchase their Singapore property and will be glad to assist you as well
No agent fee from private property buyer
Appreciate if you can contact me at (65) 96608508 
or click here https://bit.ly/WaSilvia to whatsapp me for no obligation discussion
Thank you.

Warmest regards,

Silvia Yang

Senior Marketing Director
ERA Realty Network Pte Ltd
Mobile: (65) 9660 8508 
Email: Silviayang8@gmail.com Read More

Hi, I am Brendan!

There is no minimum value. However, you will need to take note of the restrictions in the type of property foreigners are eligible to purchase.
Also, the ABSD amount payable and other information.

It will be much more straightforward for me to explain to you in details over the phone.
Pls contact me at 9754 5207  or wa.me/6597545207.

Thank you!
Brendan Bay, ERA
 9754 5207 
wa.me/6597545207 Read More

Hi Joan,

1) There is no restriction on the amount needed to spend on a property for anyone.
2) However, there is a restriction on how much you could borrow from the financial institution to buy a property.
3) The assessment for a mortgage loan is tabulated based on your income and age, which is known as TDSR (Total Debt Servicing Ratio).
4) Only a maximum of 60% of your income is allowed to be used for your monthly mortgage payment. This is to ensure you are not over-commit on your property and affect your retirement.

Hope the above answer your main concerns, but if there are more query, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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