AskGuru Q&A Community

Hi,

Typical 1 bedder under construction condo starts from about 580K onwards. You are looking at a resale property?
Since you have no outstanding property loan, you are eligible to loan up to 80% for 2nd property. Breakdown of 500k condo as follows:

Cash 5%
CPF 15%
Max bank loan 80%
Stamp duties (BSD+ABSD) and legal fees 13%

Please also note that your CPF usage is restricted as each of you need to set aside 1/2 of minimum sum before any CPF can be used for 2nd property. Thanks and hope to have the opportunity to assist with you to complete the purchase.

Warm regards,
Ivan ERA
 97432395 
Ivanng10@gmail.com
Www.ivanng10.com Read More

Hi there,

Just a brief financial outlay,
Assuming 80% loan of purchase price, cash payable will be 20%.
Of which ;
15% CPF
5% Cash.
Buyer stamp duty 3% + ABSD

I am currently marketing one of the cheapest and most affordable 1 br in a matured estate in Singapore with great potential rental yield and capital upswing. Please feel free to contact me at 96659926  for a non obligatory discussion for me to better understand your requirements and specifications to be in a better position to advise you further in the most detailed and thorough manner. I will walk you through the entire process.

To value add your understanding, I will provide you with a comprehensive sales report of properties in the desired location, make available to you recent live sales transactions caveats for your understanding,share on financial calculations/ loan related matters and make available rental yield projections, if needed as well as future capital appreciation stakes. As the transaction of a property involves matters of finances and legality, I have my partners whom I work closely with to assist you immediately on all queries pertaining to the relevant field, which makes it hassle free! Furthermore, since you are not liable to pay me any agent fees, why not let me shoulder the stress of the technical aspects of your purchase while you savor the process!

Visit my website to view my testimonials & recent awards to gather more information on me: www.kumarrai.com

Look forward to hearing from you!

D Kumar
 +65 96659926 
ERA Associate Division Director
www.kumarrai.com
www.singapore-newproperties.com.
contactdkumarrai@gmail.com

About Me-

ERA Top Achievers 2013/14
ERA Multi-Million Dollar Club Award
2014 ERA Asia-Pacific Business Conference Elite Award

P Group-
2014 Overall Top Achievers
2014 December ERA Top Achievers
2014 3rd Quarter ERA Top Achievers
2014 August ERA Top Achievers
2014 September ERA Top Achievers Read More

I hope my 7yrs experience can assist u. As per what they mentioned above all true. pls call for non obligation discussion.

Regards
Patrick Lee
C&H International Pte Ltd
CEA: R014511H
(M): +65 93299559 
(E): sgpropertyguy@gmail.com Read More