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1. What would it be the deposit requirements now in view of the new measure just announced by the Government?

2.For a private property (studio typed - lowest price), what would be the minimum cash (all in)i need to have?

3. What would it be the requirements to secure a housing loan in Singapore?
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4 Answers

Hi,

For those with no outstanding mortgage loan, it is still the same. 5% cash downpayment, 15% cash/cpf, assuming you can get 80% bank loan.

For those with one or more outstanding mortgage loan, need to pay 10% cash deposit, the next 20% cash/cpf. Can only get max 70% bank loan.

Regarding housing loan, it is best to speak to a banker. I can connect you with some bankers whom i closely work with.

Please call me at 96836230  to discuss.

Thanks,
Ander ERA Read More
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Hi May,

In addition to Ander's info, pls do note that the Government also increase the holding period for imposition of Seller's Stamp Duty (SSD) from the current 1 year to 3 years.

Cheers,
William Koh
 9027 1972 
willkck@gmail.com
www.GuruSg.com
ERA Read More
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From: ABLE Toh- Your Property ASSISTANT : )
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WhatsApp me at: ABLE Toh (65) 9856-9255  or through this link.:https://wa.me/6598569255
----------------------------888--------------------------------888--------------------------->>>
"If you need more assistance with property matters:
like renting / selling, buying / or investing, I'm here to help!
WhatsApp me at: ABLE Toh (65) 9856*9255 or through this link.:https://wa.me/6598569255
(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

(***) You can check out my reviews here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

For buyers, I offer solutions for sourcing resale and new private homes at no charge.

I can connect you with reputable bankers for private housing loans free of charge and with no obligation.

I also have partners to assist with mortgage home insurance matters.

Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份) :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!

*** You can reach me at my Singapore mobile: (65) 9856 9255  or email me at Able.selling@gmail.com.

From: ABLE Toh- Your Property ASSISTANT : )
“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ” Read More
0

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