Good afternoon Chee Ru, Have both of you fulfill SPR status of 3 years respectively? If yes, you will be eligible under public scheme to purchase a resale HDB flat. If you are able to obtain a 80% loan (based on MSR of your combined income), you have to fork out 5% cash downpayment and 15% CPF or cash downpayment. Other cash outlay will be: 1) cash over valuation 2) buyer's stamp duty (3% x purchase price) - $5400 3) additional buyer's stamp duty (5% of purchase) 4) $3k legal fees 5) resale submission $80 6) valuation fee $210 7) stamp duty for mortgage $500 Btw have you obtain your in principle approval from banks? Hope to hear from you soon! Cheers! Warmest Regards, YT TAN 陈永达 | ACCA Graduate, RES Senior District Manager R043025D ECG Property Pte Ltd (A Wholly Owned Subsidiary of ECG Group of Companies) Estate Agent no. L3009759F Blk 190 Lorong 6 Toa Payoh #05-508 S (310190) (M):
+65 9111 5171
(E): yt.lovelyhomes@gmail.com (W): www.yttan.com (W): yttan.stproperty.com.sg/ (W) www.lovelyhomes.com.sg (W) www.ecgproperty.com
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