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Hi

We have help numerous buyers buy a resale condo. You may want to text 9620 0827  for a casual chat.

Warmest regards

Gavin Read More

Hi,

Typical breakdown for 1st residential for Singaporean purchaser as follows, I use $900k for easier illustration

For illustration

Assuming typical breakdown for example $900k purchase 2 bedroom unit as follows, assuming max 75% home loan :

5% cash 45,000

20% cash/CPF OA 180,000

3% approx for stamp duties and legal fees 24,100 (can use CPF OA if sufficient)

Typically this total amount needs to be ready within 8 weeks of booking of unit

Max 75% home loan
($675k, 1.4%pa, 30 years, monthly $2297)

May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,

Ivan Ng Realtor
ERA Senior Marketing Director
ERA Diamond Achiever

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Contact: (+65) 97432395 
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**Note: We are not prompted when you respond here, hence please get in touch directly. Look forward to hear from you soon! ** Read More

Dear Sir/Mdm,

If it is your first property purchase then the Additional Buyer Stamp Duty is not applicable. The purchase process takes about 12 weeks as listed below:

1% Option Fee - upon price is agreed upon
4% Exercise Fee - within 2 weeks
Slightly less than 4% Buyer Stamp Duty - within 2 weeks from exercising of options
20% CPF (or cash) - at completion, usually 10 weeks later
75% Loan - at completion

Other cost that you will also need to take note is the legal fees which is about 2.5k.

Please feel free to contact me so that I can understand your requirements better and run through with you in detail the purchase process.

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
Visit my website to know me better: www.nicktan.com.sg

I was featured recently on Council for Estate Agencies (CEA) Newsletter:
http://bit.ly/CEAnews

I have written a guide on buying Residential Property:
http://bit.ly/buypropertyguide

Testimonial from Satisfied Clients
“Nick is a responsible, efficient and excellent salesperson. He has very good knowledge of the real estate market and I benefited a lot from his advice and sharing. He is extremely patient when guiding me through the buying process and I am happy to secure a dream house within my budget with his assistance. A highly recommended salesperson who made my house hunting journey a breeze.”
Ms Chia (Buyer)

“Nick provides a delightful customer experience from day one when I engage him as my agent to look for a flat of my choice to the completion of the deal. He is competent, resourceful and has a pleasant manner to work with. He is the Agent of my choice in dealing with properties and I would highly recommend him to others who would appreciate an agent that takes care and can give the customer a peaceful mind.”
Susana (Buyer)

“Nick is very pro-active in helping us to resolve whatever questions and problems that we encountered. All the issues are settled even before us having to request or ask for a second time. He was very frank and transparent with all the details, limitations and advantages that we wouldn’t have known. I think this is the most important virtue to be successful in this line. I will surely recommend him to anyone who needs his service because I trust that they will be equally satisfied!!”
Mr and Mrs Chan (Sold and Bought a property through Nick)

“We are very grateful to Nick for his extensive marketing efforts. With his comprehensive marketing plan, he helped us to achieve a record selling price within 2 weeks of listing our property for sale! We highly recommend his service to anyone who is keen to sell their properties.”
Mr & Mrs Wong (Property Seller)

“Nick has conducted himself ethically and professionally when handling the sales of our property. Thanks to his patience and perseverance, we managed to secure a sales price beyond our expectations.
We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
Mr & Mrs Tan (Seller of Inter-Terrace House) Read More

Hi

For condos, bank can provide loans up till 75% of the value. You will have to come out the balance of 25% as downpayment. Out of this, 5% have to be paid using cash while the rest of 20% have to be paid using CPF. As for stamp duty, the breakdown is as below:
1st $180k of purchase price - 1%
2nd $180k of purchase price - 2%
3rd $640k of purchase price - 3%
The rest -4%
Stamp duty can be paid using CPF. However for resale condo, you have to pay in cash first 2 weeks after you exercised the option. CPF will make a refund of the stamp duty in cash 2 weeks later. Legal fees estimated around $2,500 can also be financed using CPF. I do provide free and non obligatory discussions in regards to property transactions in Singapore. In addition, I also provide 100% free service for purchase of private property from consultations, assisting in securing a loan, sourcing for a unit that meet your needs and requirement, arranging for viewings, negotiating of your behalf, ensuring you did not overpay for the unit above the market price and handling the purchasing process on your behalf. Do contact me at 93375051  for a free and non obligatory discussions on this.

Regards
Taufik Hussein
ERA Realty Network Pte Ltd Read More

Hi Sir/Madam

I will be glad to assist
I won't be able to contact you first as I do not have your contact, appreciate if you can contact me at (65) 96608508  or Silviayang8@gmail.com
or click here https://bit.ly/WaSilvia to whatsapp me for no obligation discussion
Thank you.

Warmest regards,

Silvia Yang

Senior Marketing Director
ERA Realty Network Pte Ltd
Mobile: (65) 9660 8508 
Email: Silviayang8@gmail.com Read More

Hi,

Provided you qualify for the maximum 75% loan, you will need to fork out a minimum of 25% as downpayment, out of which a minumym 5% has to be in Cash. The balance 20% can be from your CPF. If your CPF does not have sufficient for the 20%, you will need to top up in Cash.

Do take note that the various stamp duties (BSD, ABSD if any) applies. You may also wish to factor in legal conveyancing and other miscellaneous costs too.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans.

Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More