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Why did you recommend me these properties?

EdgeProp Singapore offers personalized search features, proximity filters to amenities, a variety of property types, advanced search filters, market insights and tools, and customization options with alerts. These features help you find properties that match your needs and preferences efficiently.
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What is the minimum monthly salary required for a $1.7 million loan with a 20-year tenure?

To qualify for a $1.7 million loan for a 2-bedroom condo, considering a 20-year tenure and 3% interest rate, your monthly repayment would be around $9,300. With the TDSR at 55%, you need a minimum gross monthly salary of approximately $16,909.
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298c Compassvale Street

298C Compassvale Street is a leasehold HDB property in Sengkang, completed in 2001 with a 99-year lease. It has 17 floors and 177 units, including 4-room flats. Amenities include a car park and playground. It's near Compassvale LRT for easy access to other areas.
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How much is the down payment for resale and what is the duration for full settlement?

When purchasing a resale HDB flat in Singapore, the downpayment requirements differ based on the loan type: ### HDB Loan - **Total Downpayment**: 25% of purchase price - **At Signing**: 10% (CPF or cash) - **At Key Collection**: 15% (CPF or cash) ### Bank Loan - **Total Downpayment**: 25% of purchase price - **At Signing**: 5% (cash) + 5% (CPF or cash) - **At Key Collection**: 15% (CPF or cash) The full settlement process includes option fee and booking, signing of agreement for lease, and key collection, typically taking 9-12 months for resale flats.
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Which other developments are offering a developer discount?

One Bernam offered significant discounts during a weekend promotion on January 11-12, 2025, with discounts ranging from $323,000 to $830,000 for one- to three-bedroom units, leading to 99% sales. Other developments may offer incentives during slower market periods or to clear remaining units. Check EdgeProp Singapore and consult real estate agents for updates.
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Which development is offering a developer discount?

One Bernam offered significant discounts ranging from $323,000 to $830,000 for one- to three-bedroom units during a weekend promotion on January 11-12, 2025, leading to nearly 99% sellout.
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Ceiling height of HDB

Standard ceiling height for most HDB flats in Singapore is approximately 2.6 meters. Variations may occur based on building age, design, and unit specifics. False ceilings can reduce height but must maintain a minimum clearance of 2.4 meters. Ceiling height impacts aesthetics and comfort, with design tips to enhance perceived height.
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I currently own a 3-room HDB at Dawson and will reach MOP in December. What is your suggestion for my next housing plan? I have 2 young kids aged 2 and 4 years old.

Options for your 3-room HDB flat at Dawson post-MOP: 1. Continue staying if comfortable with location and amenities. 2. Rent out the flat (only for Singapore Citizens, with restrictions). 3. Upgrade to a larger HDB flat (4-room or 5-room, BTO or resale). 4. Upgrade to an Executive Condominium (EC) or private property. 5. Consider proximity to schools and amenities. 6. Assess financial situation and consult a professional.
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Do I have to pay ABSD by cash?

When purchasing a new launch condo while owning an HDB, you must pay the Additional Buyer's Stamp Duty (ABSD) in full within 14 days if signed in Singapore, or 30 days if signed overseas. ABSD cannot be included in the home loan and must be paid separately using approved methods, not through CPF.
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What is the bid land size of Parktown?

The land size of Parktown Residence is approximately 50,700 square meters (or 545,516 square feet).
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