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Hi Sir,

Based on the limited information given, you should be able to purchase a HDB resale flat in the range of about $340,000, if you taken into account all the Grants that you may be eligible for.

As for Cash outlay, if you're taking a bank loan, you will need to set aside up to 5% of the purchase price, which based on a $340k purchase works out to be about $17k. The balance can be from your CPF-OA. If you're taking HLE, the maximum Cash you need to set aside would be $5000 (minimum would be $2), being the option and exercise fee for the OTP. The balance can be paid via CPF-OA.

I am experienced and well-versed in both private and HDB resale transactions. I will be able to assist you in your home purchase. 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 
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