Beautiful Modern Semi-D
Located just stone throw away from the newly re-built Sembawang Shopping Mall, residents here not only enjoy Giant SuperMarket and eatery, they also gets daily FREE Shuttle Bus to MRT in just 5mins’ ride!
Now this super-convenient Semi-D has just become even more afforable!!! Here’s the affordability breakdown*:
- Cash Downpayment = $380k Only
- Monthly Mortgage = Only $5k per Month!
*Out of the $380k down-payment, $95k must be cash, and $285k can come from your cpf. The above calculation is based on 80% bank loan over 35years at 2% annual interest. Of course, that’s typically conservative, in fact today’s interest is as low as 1.5% and one can possibly loan up to 40years, which means monthly installment can be as low as $4.2k. And if you have spare cash or CPF to downpay 30%, taking only say 70% loan, it can even be as low as $3.7k per month!
Rental Potential for such Semi-D around here is around $5k – 6k per mth. In fact, a similar unit at Jalan Salang just rented out to American family (who works in Sembawang Naval Base) at $6k starting April this year (Proof of this tenancy can be produced upon request)!!
Hurry! Only $380k cash (excluding stampduty) to own your own landed property today!