AskGuru Q&A Community

Hi,

Merry X'mas and Happy New Year 2016 in advance.
It appears your finances are quite healthy, but may I understand your objectives are to get 2 properties (hdb & condo) and rent out one? Or would you be selling to fund the resale condo upgrade? Affordability depends on how individual preference, general rule of thumb would be, does it compromise your current lifestyle? Thanks and hope to understand your requirements further so to make better recommendations.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude
Email: Ivanng10@gmail.com
Contact: (+65) 97432395 
CEA Registration Number: R052114D
ERA Realty Network: L3002382K
Facebook Page: www.facebook.com/ASAProp
Website: http://www.ivanng10.com/#!reviews/c11r1
(Client's Testimonials) Read More

Gd morning. Will you be selling off your hdb once it reach mop?
If not, basically your loan will be 60% and on top of this you will also be subjected to 7% absd for 2nd property. Lets discuss in details. I will be pleased to assist you further on this.
I am contactable via 91442664  .
Tricia Tan
 9144 2664  Read More

Hi,

Re: Our Preferred Experienced SG Realtor

Will recommend you to clear the existing HDB loan if you intend to keep the HDB. Then you will have a better picture of your finances with 80% loan by the bank loan specialist.

Call us now, we can explore further in detail.

We are contactable at 92222389  or onassis@sgrealtor.com.

In all Areas of Singapore. Sale/Buy/Lease/Rent, Please call and/or drop me an email me. I’m always at your Services.

Onassis Gan | R021244C | CES Certified SG Realtor l SGRealtor.com
EXPERIENCED. PROACTIVE. SINCERITY. FEEDBACK
ACTA (Full); PDCE (Singapore); MSc BIT(Middlesex); BBA (South Australia)

Featured Realtor Services recognition by SGReview.com and SGBride.com

Singapore Line : (+65) 92222389 
Malaysia Line: (+60) 111-0788889
Email: onassis@sgrealtor.com
Skype: incomecare

Our Clients' Success Is Our Success
“Clients’ always at ease putting their properties with us”

Our SG Realtor Services Youtube
Residential- https://www.youtube.com/watch?v=3kI2tBtopuM
Commercial- https://www.youtube.com/watch?v=ELAXddJ6nEk

Daring to invest on SG branding portals give us an edge advantages in reaching out to consumers'.

Upcoming 2016, we are in the progress to create property portals to serve our SG clients better.

www.Listing.sg – SG Properties Listings
www.CommercialSingapore.com – Commercial Listings
www.SGHouses.com – Residential Listings
www.Showsuite.com – SG Developer Projects Listings

SG Commercial Websites
www.SGCBD.com
www.CBDSingapore.com
www.SingaporeCBD.com
www.SgOfficeRental.com
www.SgShophouse.com

SG Landed Houses Websites – www.LandedGroup.com
www.SGGCB.com
www.SGBungalow.com
www.SGDetached.com
www.SGSemiD.com
www.SGTerrace.com
www.SGCluster.com

SG Districts Websites
www.BukitTimah.com.sg
www.Holland.com.sg
www.MarineParade.com.sg
www.sentosaisland.com.sg

Overseas Website
www.NewLaunch.my - Malaysia
www.PropertyPh.com - Philippines
www.VNProperty.com - Vietnam Read More

Dear sir/madam,

There are several considerations which we can look at for your plans:

1) Clear your outstanding HDB before purchase and retain the HDB, which means you are required to pay additional 7% stamp duty.

2) Buy the condo upon MOP and be eligible for up to 50% loan, which you will also be required to pay additional 7% stamp duty.

3) Sell your HDB upon MOP before purchase, and be eligible for up to 80% loan, which your stamp duty will be 3%..

The above in terms of loan eligibility will still depends on your monthly income and financial commitments (car loan, housing loan, study loan, credit card bills and etc.).

There is still a lot more to plan for besides the above considerations being put up. If required to, it should be more helpful to you if we can sit down together and plan out the path ahead together with a banker beside us such that you will be more informed of the financial commitments involved if they are affordable.

Visit and Like my facebook page at https://www.facebook.com/propertyblogshop/

New Singapore Expatriates on facebook is up and running. Come join us at https://www.facebook.com/groups/newsgexpats/

My self introduction at https://youtu.be/6UfrCOCB6Mg

Regards,

Geryl LIM
Real Estate Director
Global Alliance - Masters Of Real Estate
M.O.R.E Property Pte Ltd (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! Read More