3 Answers

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)
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YT Tan (陈永达)
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
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GAN ENG JOO ONASSIS
Hi,

Re: Our Preferred SG Professional- Agent.myweb.sg & Agent.irealtor.sg

5% cash for upfront payment, the rest CPF can be active for property servicing. Which project you are keen to explore now :)

Feel free to engage me as your agent. I can assist you based upon your stated contents and walk you through the entire process with options.

Call me now, we can explore further in detail.

I am contactable at 92222389  or onassis@sgrealtor.com / sgagent.com

In all Areas of Singapore. Sale/Buy/Lease/Rent, Please call and/or drop me an email me. I’m always at your Services.

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