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I am currently living at Woodlands 5 Rm HDB and had already paid off all the loan. Intend to buy a condo, outside of CBD area, with budget of US$1M with good school nearby. Will rent it first before my kid start P1 in next 2 year later. What is the recommended condo?
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3 Answers

Hi Sir,
To answer your question, Can I sit down with you to work out the full calculation with you so I can share with you what kind of rental yield and portfolio you can own.
You may give me a call at 92700867  , I am staying nearby as well.
Look forward to hear from you.
Tricia Tan
ERA @ senior marketing manager
 92700867  Read More
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YT Tan (陈永达)
Hi Potential buyer,

Let me touch on some issues first.

Have your unit fulfill the applicable minimum occupation period? If yes, you are well eligible to purchase another property.

Without any outstanding housing loan, you will be eligible to loan up to 80% of valuation/ purchase price. 20% downpayment will consists of 5% cash, 15% CPF.

Bear in mind, you have to keep a minimum sum in your CPF account before you can proceed to purchase another unit if you are going to use any CPF funds.

Other fees will be buyer's stamp duty of (3% x Purchase price) -$5400 and legal fees.

Btw do you have any schools in mind? So it will aid in the property search.

Hope I will have the opportunity to work with you!

Warmest Regards,
YT TAN
District Consultant
R043025D
(M): 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W1): www.yttan.com
(W2): yttan.stproperty.com.sg/
ECG Property Pte Ltd Read More
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  • BL
    Yes, my HDB has meet the MOP requirement. I intend to use cash for the down payment on second property. I dont have any school in mind right now as I am still doing some research right now, and may decide base on the condo that I intend to buy.

    Thanks.
Johnny Goh Mui Huat
Hi,

Since you are staying in Woodlands now, I would like to recommend 2 top schools that are at the north side of Singapore.

1) Ai Tong – There are a few condo nearby, you will probably want to look at The Gardens at Bishan
2) Rosyth – There is only one condo nearby, Regentville.

You should be able to find a condo within your budget.

Hope that I had answered your question.

Feel free to contact me if you need any assistance.

Thanks and Regards
Johnny Goh
R018297H
Group Director
DWG Ace Division
Dennis Wee Realty Pte Ltd
Mobile: 90906267 
Email: johnnygohmh@dwg.com.sg
Website: johnnygohproperty.com Read More
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