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Hi,

Assume you are SC purchasing 1st property, typical breakdown as follows:

Cash 5
Cpf 15%
Max bank loan 80%
Stamp duties and legal fees approx 3%

If you are purchasing a 2nd residential property, ABSD of 7% on top of the usual 3% is payable.

The 5+15%+stamp duties and legal fees are to be settled within 8 weeks of booking. Thereafter the bank loan will disburse in phases according to construction milestones, until condo attain TOP. Ie. Your installment increases progressively.

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

Email: Ivanng10@gmail.com
Contact: (+65) 97432395 
Facebook Page: www.facebook.com/ASAProp
Website: http://www.ivanng10.com/clientreviews/
(Client's Testimonials)

--- Ms. Toh, Condo Investor in the East ---

"Ivan is a young agent filled with dedication for his work. He seeks to stay long in this career.

I seeked out his service among a sea of agents as his belief on his website is credibility. I need an agent who is honest and provide me the knowledge needed to navigate the property market. Ivan's commitment and earnestness made up for his young age.

He has made a promise to find a good tenant for me in two years time when the condo completes, and I appreciate this commitment" Read More

Hi,

The payment and the timeline is as follows:

1) 5% Cash upon Option to Purchase

2) Stamp Duty within 14 days of signing the Sales and Purchase Agreement

3) 15% Cash/CPF within 8 weeks of Option to Purchase

4) 80% Loan in Progressive Payment Scheme
breakdown:
- 10% completion of foundation works
- 10% completion of concrete works
- 5% completion of brick walls
- 5% completion of roof and ceiling
- 5% completion of electrical works, doors, windows
- 5% completion of car park, drains etc
- 25% upon Notice of Vacant Possession (TOP)
- 15% upon Legal completion (CSC)

Should you need any 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

Hi,
The cost breakdown of the purchase are
- 5% cash upon booking
- 15% cash + Cpf upon S&P agreement
- 3% cash + cpf for stamp duties and legal fees
- Up to 80% bank loan

Fist step is to understand how much is your loan eligibility. Please drop me an email for me to assist to compute the estimated loan quantum. This will allow you to understand your purchase budget.

To assist and advise you more in details, kindly drop me an email for me to share.

I am contactable at my mobile or email.

CK Ang
 9046 3808 
res.ckang@gmail.com Read More