Dear prospective investor, Your CPF OA plus savings equates to $450k, however, it will be good to know the actual breakdown as a 2nd property using CPF to finance will require you to set aside the minimum sum in CPF before you are able to utilise the CPF funds for 2nd property. On top of that, given that your age is in 40s, your probably loan tenure is less than 20 years therefore to be on a safer note, it is good to speak to a banker to find out more about your loan eligibility like what Tricia has suggested. If local properties is a far reach and uncomfortable in servicing the loan, you may wish to turn your attention to overseas market where entry price will be lower and some projects come with guaranteed rental returns. Do let me know how I may assist you further. Thanks. Visit and Like my facebook page at https://www.facebook.com/propertyblogshop Regards, Geryl LIM Real Estate Director Masters Of Real Estate (L3010548F) CEA Reg R014783H Mobile:
+65-81577565
/+65-92787772 Email: geryl7772@gmail.com M.O.R.E Landed Dynamic Alliance Home of *7772 Hotline Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now! Our next exhibition is on 2nd and 3rd August 2014. If you have missed out successful exhibition on 10th and 11th May, do not miss this opportunity again. Register your interest to attend this showcase event now!
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