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Thread: For a loan of 416k..mthly installment cheapest now how much and from which bank?

  1. #1
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    Default For a loan of 416k..mthly installment cheapest now how much and from which bank?

    anyone can share?

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    sis. u will do better to just pm newbie11

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    another question 334 sqft and 355 sqft..will there be a big differences in space?

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    Hard tobsay must see layout or livable space

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    Quote Originally Posted by xtreme_46
    another question 334 sqft and 355 sqft..will there be a big differences in space?
    I presume both got no balcony nor planter? At most bat window?

    Personally, i would say yes. Below 350sqft, the living room very squeezy. To give u s sense of feel, 334 and 355 difference is about 20sqft, approx 2sqm. That space is about two mahjong table place side by side.

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    interest rate is at 1%++ now ,right?
    I took the road less traveled by, and that has made all the difference. - Robert Frost quotes (American poet, 1874-1963)

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    Quote Originally Posted by xtreme_46
    another question 334 sqft and 355 sqft..will there be a big differences in space?
    The smaller the area, the bigger the difference of 1 sqft. Well, personally I would not go for 334 sqft coz its really v tight!!!

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    Quote Originally Posted by xtreme_46
    anyone can share?
    Just compare using the site in my signature. It depends on completed or buc

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    Quote Originally Posted by ysyap
    The smaller the area, the bigger the difference of 1 sqft. Well, personally I would not go for 334 sqft coz its really v tight!!!
    441Sq ft 1 bedroom with no planter liveable?

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    Quote Originally Posted by Sleepless
    441Sq ft 1 bedroom with no planter liveable?
    For one or two adults should be ok. If more people, guess better to get a at least 2 / 3 bedder.

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    Quote Originally Posted by Sleepless
    441Sq ft 1 bedroom with no planter liveable?

    it depends on the development. for some with nice landscaping, facilities or even several sky terraces, then the small mm becomes like a hotel room, and other activities can be extended to be enjoyed outdoors.

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    Quote Originally Posted by Sleepless
    441Sq ft 1 bedroom with no planter liveable?
    If no balcony too then its livable for one person. Even for couples its not very wise coz 441 sqft usually don't have partition walls (except toilet) and couples always need to have private spaces too! Just my humble opinion!

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    yes esp for Fight Nights

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    Not sure now still have or not.

    DBS few months back got this package, interest based on 3M Sibor+x%, and the interest is capped for 2 or 3 years from the first date you start to disperse the amount. That means if Sibor goes up, if the interest goes above the cap, it will be up to the cap, if below, will still be 3M Sibor+x%.

    People say interest will be low for many years, but if really goes up, you are still safe for some years to plan for any needed reaction / strategy.

    Remember to buy mortgage insurance too.

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    Quote Originally Posted by CondoInterested

    Remember to buy mortgage insurance too.
    is it because you scare become jobless and cannot service the loan?
    I took the road less traveled by, and that has made all the difference. - Robert Frost quotes (American poet, 1874-1963)

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    Quote Originally Posted by roly8
    is it because you scare become jobless and cannot service the loan?
    mortgage insurance does not insure against job loss

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    Quote Originally Posted by ysyap
    If no balcony too then its livable for one person. Even for couples its not very wise coz 441 sqft usually don't have partition walls (except toilet) and couples always need to have private spaces too! Just my humble opinion!
    Thanks bro...thats true. Unfortunately I can only afford a 441sq ft unit.. jin emo.. last time young never think about buying property..now when price sky rocket..I went to buy what I can afford. Small bachelor pad...alone now..but just thinking what if have partner next time.....issit liveable.

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    Quote Originally Posted by Shanhz
    mortgage insurance does not insure against job loss
    what kind of scenario trigger the mortgage insurance ?
    I took the road less traveled by, and that has made all the difference. - Robert Frost quotes (American poet, 1874-1963)

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    Quote Originally Posted by Sleepless
    Thanks bro...thats true. Unfortunately I can only afford a 441sq ft unit.. jin emo.. last time young never think about buying property..now when price sky rocket..I went to buy what I can afford. Small bachelor pad...alone now..but just thinking what if have partner next time.....issit liveable.
    up to individual..
    this kind of small unit is actually not recommended for a family ..
    I took the road less traveled by, and that has made all the difference. - Robert Frost quotes (American poet, 1874-1963)

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    Quote Originally Posted by roly8
    what kind of scenario trigger the mortgage insurance ?
    death, total permanent disability, critical illness, terminal illness, etc depending on which policy and rider you have

    if got ANY policy can protect job loss, i sure buy gao gao. pls inform me tks..

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    Quote Originally Posted by Shanhz
    death, total permanent disability, critical illness, terminal illness, etc depending on which policy and rider you have

    if got ANY policy can protect job loss, i sure buy gao gao. pls inform me tks..
    Bro, there is such a policy against job lost. But damn ex ok....call up your agent. I took 1 for my wife and me last time. Thank goodness never got a chance to use.



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    Quote Originally Posted by Sleepless
    Thanks bro...thats true. Unfortunately I can only afford a 441sq ft unit.. jin emo.. last time young never think about buying property..now when price sky rocket..I went to buy what I can afford. Small bachelor pad...alone now..but just thinking what if have partner next time.....issit liveable.
    441sq ft is a 2bdr in hk... other people raise whole family inside hor...

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    Quote Originally Posted by chestnut
    Bro, there is such a policy against job lost. But damn ex ok....call up your agent. I took 1 for my wife and me last time. Thank goodness never got a chance to use.


    got ah? i myself have income protection policy. but that is still against illness, etc.

    job loss? retrenchment? how much the premium? 10% or 20%?? then i might as well save it in cash and self-insure.

    i quickly go buy, then ask my boss to fire me, then i go back work as consultant, no CPF + collect insurance payout. can pay for my 2nd ppty and be landlord. wah, shiok...

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    Quote Originally Posted by Sleepless
    Thanks bro...thats true. Unfortunately I can only afford a 441sq ft unit.. jin emo.. last time young never think about buying property..now when price sky rocket..I went to buy what I can afford. Small bachelor pad...alone now..but just thinking what if have partner next time.....issit liveable.
    In that case, get the 441 sqft and cross finger for the following:
    1. new partner comes in 4 yrs' time to avoid SSD
    2. prices will still climb and you can sell for a profit
    3. you can find a cheaper but bigger option further outskirt and you partner is willing to travel a bit around the island.
    Cheers!

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    if plan for partner in 4yrs time... also good. more than enuff time to assess and evaluate before jumpin in and cohabitat

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    Seriously, dont just look at the sqft. Look at the layout, watch out for huge balcony. Best is you go to existing TOP units to get a feel of 3xx sqft, 4xx sqft unit.

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    Quote Originally Posted by leesg123
    Seriouadvice..ont just look at the sqft. Look at the layout, watch out for huge balcony. Best is you go to existing TOP units to get a feel of 3xx sqft, 4xx sqft unit.
    Thanks bros for kind advice..do really appreciate it. Personally i feel paying for a small mm alone is already quite a challenge and there are many brothers here who own multiple bigger units. My respect to them

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    be happy with what u got. dont compare.

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    Quote Originally Posted by ikan bilis
    441sq ft is a 2bdr in hk... other people raise whole family inside hor...
    I was in HK and chatted with a taxi driver. i asked him what is the average size of a flat does a family with two children stay in HK? He told me it's about 400 sq ft
    I think we Singaporeans are very, very fortunate!

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    Let me guess, primo residence ?
    Quote Originally Posted by Sleepless
    Thanks bro...thats true. Unfortunately I can only afford a 441sq ft unit.. jin emo.. last time young never think about buying property..now when price sky rocket..I went to buy what I can afford. Small bachelor pad...alone now..but just thinking what if have partner next time.....issit liveable.

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