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Hi,
Yes you are eligible for the purchase. A quick computation, your estimated loan quantum will be around 350K, the remaining can be pay by CPF and cash.
At assist and advice you more accurately, please drop me an email for me to share the cost break down.

I can be contactable at my mobile or email.

CK Ang
 9046 3808 
res.ckang@gmail.com Read More

Good morning Shahril,

Are you purchasing under Single Singapore Citizen Scheme?

As you are earning more than $5k/ month, you are only eligible to take bank loan and won't be entitled to apply for HDB loan or housing grant.

Your cash outlay will be:

1) 5% cash downpayment
2) any shortfall in 15% CPF downpayment
3) estimate 3% buyer's stamp duty
4) $3k legal fees
5) valuation fee, resale HDB submission fee
6) agent's commission (1% of purchase price)

Probably you can share more information on your finances on hand so I will be in a better position to advise you on your affordability.

Hope to hear from you soon!

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Vice President (Agency)
R043025D
Property Avenue Pte Ltd
Estate Agent no. L3010650D
Blk 420 North Bridge Road #03-30 North Bridge Centre S188727

(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W):www.yttan.com
(W):www.propertyavenue.com.sg Read More

Morning,

You will be eligible for Jumbo unit under single scheme if you are taking bank loan. You will then not be eligible for housing grant. However, with $5k income, your maximum possible loan figure should range around $350k. The balance will need to be top up by CPF or cash.

Do contact me further for detail discussion.

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

Hi Mr Shahril,

Initial cash outlay:
20% Cash (5% 15% CPF)
Buyer Stamp Duty 3%
Misc Legal Fee $3k
Valuation,admin fees
Agent fees 1%

Purchasing a property requires a step by step guidance:
(1) Understanding your requirements and expectations ; Location, Preferred Sizing, Comfortable Quantum; additional preference

(2) Running through the finances comprehensively :
-Financial cash flow calculations
-Utilization of Cash/ CPF
-Progressive Payments & Timeline of Payments

(3) In-Principal loan approval
By my network of bankers at no cost

(4) Following that,
We can kickstart on identifying the ideal unit which is more tailor made for your family's comfortable living.

(5) Negotiation for best possible price. And legality coordination handled by me.

In midst, you will progressively be updated and furnished with these documents :
(1) Price analysis of units in your chosen location
(2) Customized sales and rental report
(3) Rough Surrounding Valuation Indications and Transaction Caveats
(4) Projected yield and capital upswing info derived from within vicinity properties

Visit my website to view all my recent accolades - esteemed awards and testimonials to gather more information on me: www.kumarrai.com

D Kumar
 +65 96659926 
ERA Associate Division Director
www.kumarrai.com

#1 team of ERA in Singapore, Asia Pacific International for 2014.

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

P Group-
2015 February ERA Top Achievers
2014 Aug/Sept/3rd quarter/Dec/ overall 2014 ERA Top Achievers Read More