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Singapore PR with 60K in CPF OA, income of 3.2k per month (wife not working), COV budget not more than 20k. 300k maximum budget for a 3/2/1 Bedroom HDB flat anywhere in Singapore. Do you think i will be able to purchase a flat with my situation?If you think possible please reply me.
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Yes, If you are flexible in location and employed. If you have a lower cov budget,you should consider units with 'Selling' constraints and limitations. You will have advantage in buying. Engage an agent who can assist and confirm your financial planning. The S&P process needs careful and confident planning especially with HDB, CPF, bank and lawyer etc.Recently my client bought a condo while 'holding on' to a HDB flat and they need the 'funds' for the condo. Hence, they have to sell their HDB unit. Please check this site www.catherinepang.com Read More
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