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Looking to buy a unit in Midview City for my own business use. Preferably below 500k. Please advise on the cash upfront (20% or 30%), GST, bank loan period and approximate monthly repayment. Thanks.
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7 Answers

Hi Bluefin,

For commercial property, the current ruling is that the banks can support up to 80% of your purchase price.

The loan is dependant on whether you are borrowing under business or under your personal name.

I can work out and email you the monthly prepayment.

Just drop me a text on my mobile with your email and i will revert shortly.

Thanks!

Kelvin Ng
Orangetee
 9386-0900  Read More
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Be prepared for lower loan quantum of 70%.
check this site for the loan and mortgage repayment plan including principal and interest. www.catherinepang.com Read More
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To buy a unit in MVC, you have to prepare 20% cash based on the assumption that bank loan is 80%. You may also need to pay additional 7% GST if seller is a GST registered company. Bank loan to LTV is generally 20 years unless you want to shorted it. Monthly repayment is based on your loan amount and bank loan interest. Based on my experience, it ranged from $1200 to $2500 per month. Read More
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To buy a unit in MVC, you have to prepare 20% cash based on the assumption that bank loan is 80%. You may also need to pay additional 7% GST if seller is a GST registered company. Bank loan to LTV is generally 20 years unless you want to shorted it. Monthly repayment is based on your loan amount and bank loan interest. Based on my experience, it ranged from $1200 to $2500 per month. Read More
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"If you need more assistance with property matters:

like renting / selling, buying / or investing, I'm here to help!

WhatsApp me at >>9856 9255 or through this link.:https://wa.me/6598569255.

(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

You can check out my reviews here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

For buyers, I offer solutions for sourcing resale and new private homes at no charge.

I can connect you with reputable bankers for private housing loans free of charge and with no obligation.

I also have partners to assist with mortgage home insurance matters.

Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份) :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!

*** You can reach me at my Singapore mobile: (+65)>>9856 9255>> or email me at Able.selling@gmail.com.

From: ABLE Toh- Your Property ASSISTANT :)

“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”

XXXXX The End XXXXXXX Read More
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