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Hai,

Me & my wife are singapore PR. We are planning to buy our 1st house. But we are not sure on the costs applied to buy the property. Due to our tight cash and money in CPF. Please advise us if:

1) we plan to buy a 3room resale HDB which value is $300k. What is the related cost that i need to pay (eg: downpayment, stamp duty, legal fees, etc.)

2) is the down payment for getting a HDb same with condo.

Thank and appreciate if you can advise us on these matter.

Thank you

Rdgs,
Toni Goh
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2 Answers

Mike Lim
Replied
Afternoon Toni,

Assuming that you have zero CPF and managed to get 80% loan, and the purchasing COV is $30k, your financial breakdown is as follows:

1)5% ABSD: $9900
2)20% downpayment: $60k
3)Stamp Duty: $7600
4)COV: $30k
5)Valuation & misc: $1000
6)Agent Fee: To be discussed

Hence, you will need around $110k. Do feel free to contact me for further discussion.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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Landon Chew
Replied
Hi, hopefully you managed to get your doubt or query answered. If so, then congrats! Hopefully you are doing well now.

If you are currently or planning to find a property agent, I can assist.

If you are interested in prices of houses in your neighbourhood, you may visit this website to find out more or contact me.

https://www.era.com.sg/R064892F

If you are currently planning to go on a property journey selling/buying/renting/investing, I can be of assistance. Do feel free to reach out to me for more queries and assistance.

Landon Chew
97 39 60 40
landonchew@email.com Read More
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