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Hi,

For SPR, typical breakdown for 1st property purchase as follows:
Minimum Cash 5%
Cpf 15%
Max bank loan 80%
Stamp duties and legal fees approx 8%

Thanks and look forward to value-add to your housing plans further.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

Email: Ivanng10@gmail.com
Contact: (+65) 97432395 
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(Client's Testimonials) Read More

Good afternoon buyer,

I am afraid to inform you that if you are able to obtain max 80% bank loan, you need to fork out at least 5% cash for your balance 20% downpayment.

You cant entirely use CPF OA funds for the downpayment.

Your initial outlay will be as such:

1) 5% cash downpayment
2) 15% CPF OA funds or cash downpayment
3) estimated 3% buyer's stamp duty
4) 5% additional buyer's stamp duty
5) private legal fees
6) valuation fee etc

Hope my sharing is beneficial to your property purchase.

May I know how can I value add further in this purchase?

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
R043025D
Propnex Realty Pte Ltd

(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W):www.yttan.com Read More