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Hi Sharifah,

Take a condo $1M, and assume your bank loan approval is at 80%:

5% Cash = $50,000
15% CPF = $150,000 (assume your CPF has $150K)
Stamp Duty = $24,600 (use cash first)
80% = Bank Loan

Upfront cash you must have to buy a $1M condo
= $74,600

If your CPF is not enough for the 15%, then will be cash.

Please feel free to drop me an email or call me directly for further discussion.

Thank you & Best Regards
J.A.Goh
ERA Marketing Director
HP: 9639 0350 
www.gohjaERA.myweb.sg
Email: gohja@singnet.com.sg Read More