Asked by Ms. Sandra Tan
First of all, I would like to provide a brief background on the purpose of buying a private property in Singapore.My boyfriend and I been staying in Singapore for five years by renting a common HDB room. We wish to buy a HDB ( which considered cheaper and within our budget ) , however, just after we obtained our PR, it is announced by Singapore government that to buy a HDB resale flat, you have to first ensure that you can meet the conditions of 3 years PR eligibility schemes. To simplify, based on the date of PR approval, we can only buy a resale HDB flat by mid of year 2016.
At the same time, we owned a property in Malaysia. We do not have intention to give up our property in Malaysia.
Therefore, we would like to know more in detail.How much cash do I need to fork out to purchase a 2 bedrooms apartment in Singapore ? What is the cash needed at the different stages ? Can I used by Central Provident Fund (CPF) for purchase ? How much is the down payment and other charges ?
At the same time, we owned a property in Malaysia. We do not have intention to give up our property in Malaysia.
Therefore, we would like to know more in detail.How much cash do I need to fork out to purchase a 2 bedrooms apartment in Singapore ? What is the cash needed at the different stages ? Can I used by Central Provident Fund (CPF) for purchase ? How much is the down payment and other charges ?
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