Own a Condo with $36,000 CASH

You didn't See that wrong. Did you know you can own a Condo in Singapore with as little as $36k cash?*

Having said that, this assumes you have a CPF of at least $144,000 (Please check Ordinary Account).

For the purpose of this post, we assume:

1. You hold a Singapore Citizenship

2. This is your 1st Property

3. Stamp Duties & Legal fees are excluded...because some of you may have more than enough CPF to cover Stamp Duties as well!

So what can you afford with $36k Cash + $144k CPF?

A $720,000 Price Tag Condo

5% Cash Deposit - $36,000

20% Cash or CPF balance downpayment - $144,000

Balance 75% covered by Bank Loan**

What does this mean for you?

For real, you are 1 step closer to being THAT person who is worth $1,000,000

Truly because this will be the start of your Asset Progression. Imagine, with $36k, you are able to purchase a property worth $720,000. And when it's time to Upgrade? Cash Out and repeat the process.

But that's another blog post altogether.

And also what New Properties CAN you buy with $720k price tag? - Click on Link

*Cash component not inclusive Stamp Duty, ABSD and Legal Fees*

**Subject to Approved Bank Loans**

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If you need Financial Calculations and Property Advice, feel free to contact me

#AgentMunFresh via

Call/Whatsapp - +6590621623

Email: AgentMunFresh@gmail.com