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Hi

Assume first property, both below 35 years old, and singaporean, buying private condo (not new EC)

Breakdown as follows

DP Cash 5% 65k
DP cash/cpf OA 20% 260k
BSD + legal fee cash/cpf OA 3% approx 39.6k

Max 75% loan 975k

Total cash+cpf required = 364.6k , so you all have sufficient

Loan wise, assume you all have no other loan obligations, max loan is $1.152mil, so you all can cover the 75% loan 975k

Hope the above clarifies. I am well-versed with HDB and private property transactions, having helped more than 100 homeowners transit smoothly with their housing plans. Please reach out to me at 97432395  for a more in-depth discussion :)

May I have more info on your requirements so as to make better recommendations? Thanks and looking forward to chat more

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Buyer Mr and Mrs Wang

We want to convey our thanks to Ivan, who helped us find our first home. Ivan was very responsive when we first met, and took time to understand our needs and requirements for our first home. He helped us narrow down our criteria and gave us good advice on how to structure our mortgage as well. He also made a great recommendation of an area we never thought of, and it was where we eventually bought our home. We appreciate Ivan's thoroughness in pros and cons of all our options that we viewed. We never felt pressured or rushed to make a decision. In fact, Ivan gave honest and useful inputs on the considerations of acting immediately or waiting. All in all, it was a very smooth experience and we ate very happy with the unit we bought. Thank you very much, Ivan!

Condo Seller

Mr & Mrs Wee : We would like to share our appreciation and commendation to Ivan for their professionalism and dedication in handling our property transaction. It was a great pleasure to work with him as he was patient throughout the entire process and explained to us and clarified any doubts we had without fail. He was also very prompt in responding to all the queries we had. While we were unsure if we were able to sell off the property in time, Ivan constantly reassured us that it was possible and offered his professional advice. In fact, he managed to secure an offer to sell the property above our expected price while concurrently negotiated the buying price for our next property. Having Ivan as our agent significantly made the entire process seamless and fuss-free. We will definitely recommend Ivan to our family and friends. Read More

Hi,

I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Have a good day ahead. By the way, may I refer a mortgage broker to you ?

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

What is missing from the information is both your age in order to establish a more accurate loan figure. Assuming tha both of you are able to loan up to 30 years tenure, then the $1.3m price tag should be within affordability if you are looking at private condo (based on TDSR) and not new launch EC (based on MSR).

——

I have been in the real estate business since 2009, with more than 14 years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

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Hi,

Assume both of you are under the age of 35 therefore can borrow max 30 years loan tenure. Based on the info given, you can afford a property of $1.395m max.

Hope this helps,

This platform does not allow me to contact you directly so kindly contact me at https://wa.me/6597261112 I would be glad to assist you further.

Thank you and best regards,

Jenny Tran
Propnex Realty Pte Ltd
(HP) +65 97261112 
(Email) jenny.tran@propnex.com
BSc (Real Estate) (Hons)-NUS

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Nick and Kim (New launch buyer)

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Samantha (Resale condo buyer) Read More

Hi, appreciate your sharing. Able to do a loan check with banker to decide.
Looking forward to assist you at 9696 4398  or email me at stewartlim96964398@gmail.com

Cheers
Stewart-PropNex (Senior Associate Division Director) Read More

Good day to you,

Both of you have enough cash for the 5% upfront payment and the 20% down payment, based on a 75% loan-to-value (LTV) ratio. Regarding the monthly installment, which falls on the higher end of the Total Debt Servicing Ratio (TDSR), I must defer responsibility to both of you, as I can't accurately assess the type of lifestyle you are aiming for.

I recommend that you speak with a banker to secure the necessary figures. Take some time to discuss this with your partner and consider how it may impact your desired lifestyle.

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Regards
Mike Lim
 96929209 
R026708F
m52i@yahoo.com
ERA Read More

I would be glad to assist you.
Feel free to contact me at wa.me/6597100155
Hope to hear from you soon.
Pei Mobile: (65) 9 7 1 0 0 1 5 5.
Email: peicheng.tan@propnex.com
Associate Group Director
Propnex Realty Pte Ltd Read More

Hi Yes, sounds feasible. Do contact me at 97970200  to understand more and discuss

Mark, your RIGHT choice
Propnex Read More

1. **Property Price Breakdown**: For a $1.3 million condo, the required payments would be:
- 5% down payment (cash): $65,000
- 20% down payment (cash or CPF OA): $260,000
- Stamp duty and legal fees (cash or CPF OA): approx. $39,600

2. **Loan Eligibility**: You can secure a 75% loan of $975,000, provided there are no other loan obligations. Your combined income and CPF savings are sufficient to cover the required payments.

3. **Next Steps**: It’s advisable to consult a banker to confirm the details and secure the loan approval.

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Hi, based on the information you provided, it is possible.

Hi, hopefully you managed to get your doubt or query answered. If so, then congrats! Hopefully you are doing well now.

If you are currently or planning to find a property agent, I can assist.

If you are interested in prices of houses in your neighbourhood, you may visit this website to find out more or contact me.

https://www.era.com.sg/R064892F

If you are currently planning to go on a property journey selling/buying/renting/investing, I can be of assistance. Do feel free to reach out to me for more queries and assistance.

Landon Chew
97 39 60 40
landonchew@email.com Read More