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Hi there,

Please feel free to contact me at 96659926  for a non obligatory discussion for me to better understand your requirements and specifications to optimize your time and search in a hassle free manner! I will then be able to share with you more on your loan issues and possibly refer you to my banker I work closely with.

Based on your budget,needs and preferences, I will come up with a customized list of units to view, which works efficiently and effectively.

My services cover you through the whole process from finding the property to negotiating for the best price to post deal paperwork to establishing financial calculations and ascertaining risks.

Do visit my website to view my testimonials/recent awards and gather more info on me: www.kumarrai.com.
Look forward to hearing from you! Have a great day!

D Kumar
 96659926 
ERA Associate Division Director
www.kumarrai.com
www.singapore-newproperties.com dkumar@era.com.sg Read More

Hi,

If you are jointly purchasing as a Foreigner (FR)-SPR, please note that the Additional Buyer Stamp Duty (ABSD) will be 15% of purchase price. For a 900K condo, breakdown as follows:

a) Cash 5% 45K
b) CPF 15% 135K
c) Max Bank Loan 80% 720K
d) ABSD 15% 135K
e) BSD 3% 27K

Therefore, within 9 weeks of booking of unit, you have to prepare (a) + (b) + (c) + (d) = 342K worth of downpayment + stamp duties, assuming you can get 80% bank loan of $720K.

Do you have any other outstanding debt obligations? If not based on the figures you have provided, it appears your loan can stretch till maximum about 375K. Thus you might have to look for a 2Bedder condo instead with a lower price of about 750-800K, which should be more aligned with your financing plans.

Please note that it is best to speak to my mortgage financing partners who can give you a better idea of the loan available.

Thanks and hope to understand your situation further before value-adding further.

Warm regards,
Ivan ERA
 97432395 
ivanng10@gmail.com
www.ivanng10.com Read More

As of current status, 2 bed room with price range from 700-800K will be more suitable.
Unless you can get PR status soon to waive off the 15% additional buyer stamp duty, that could expand your budget by another 100K.

feel free to email Belindazhao1@gmail.com for the project list
or call 9628 0661  for a discussion. Read More