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Hi, I am 37 this year, not young. May I know how much loan I can get if I want to buy a 1 room condo for myself and how long the term of the loan is?
Further, I was browsing for property via the internet and saw some property but in Geylang, as it is a red light area, able to get a loan? how is gelyang? liveable and safe?
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5 Answers

Dear SIr/Mdm,

The amount of loan that you are eligible for depends on your income, at 37, you will be able to borrow for up to 28 years. It will be good to determine how much loan you are able to obtain first and together with the cash savings and the CPF and decide what is a comfortable quantum you can afford.

Please feel free to contact me so that I can understand your objectives and assist you better.

Regards,
Nick Tan
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Hi Ting Ting. I am happy to share more insights with you. My mobile is 89387686  . Speak to you soon. Read More
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Hi Ting Ting

Loan amount will be depend on your income and whether you have any other loans
Max loan will be 75% of purchase price and if you keen to take 75% loan from purchase price max loan tenure will be up to 28 years
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.

I will be glad to assist, no agent fee from private property buyer
Appreciate if you can contact me at (65) 96608508  or Silviayang8@gmail.com
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
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For Geylang area, you can look beyond lorong 24 for better living experience and normally bank do not have issue to provide mortgage loan for these area.

Max loan is 75% of property price. If your income is above $5000, you should be able to get enough loan for a 1 bedroom here.

Feel free to call for further discussion or email for a list of carefully shortlisted properties based on your specific criteria.

Belinda
 96280661 
belindazhao1@gmail.com Read More
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Robbie Chen Chee Howe
Hi Ting Ting,

Your maximum loan will be determined by your age and income. As you're 37 years old, you can loan up to 28 years, till the age of 65.

To determine your loan and budget for the purchase, perhaps you can get in touch with me for further discussion?

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More
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