Good morning buyer,
you are eligible to purchas a resale EC (more than 5 years) but I am afraid to inform you that currently smallest resale EC is a 2 beds.
If you are eligible to take max 75% bank loan, your downpayment will be 25%. 5% cash and 20% cash or cpf.
Other costs will be:
1) buyer's stamp duty estimated around 3 to 4%
2) Additional buyer's stamp duty of 5% as SPR
3) valuation fee
4) legal fee etc
Hope my sharing aids in clearing your doubts.
May I know how can I value add further in your property needs?
"Your Freehold Ally, Leasehold Tactician"
YT TAN 陈永达 | ACCA Graduate, RES
R043025D
Propnex Realty Pte Ltd
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+65 9111 5171
(E): yt.tan91115171@gmail.com
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