1 Answer

YT Tan (陈永达)
Good morning buyer,

Let me help with this.

1) You are eligible for this amount depending on which loan you take: $269k (bank) to $297k (HDB)

2) If you take HDB loan, the 10% payment can be fully paid by CPF. If it's bank loan, you have to fork out 5% cash and 15% CPF or cash.

3) a) Legal fees depends on you are taking HDB or private loan.
b) valuation fee $200
c) resale submission fee $80
d) buyer's stamp duty payable by CPF/ cash
e) agent's commission 1% of purchase price plus GST

4) I will advise you to start house hunting 1 month before birthday because you can only ink on OTP on/ after you turn 35 years old.

5) Once you exercise to purchase an unit, the whole legal procedure might take up to 4 months.

Hope my explanation helps!

May i know how can I value add further in your property purchase?

- One of well-earned Star Performers under the category of Top Private Property Transactors in Jan 2017-

"Your Freehold Ally, Leasehold Tactician"

YT TAN 陈永达 | ACCA Graduate, RES
Associate Group Director
R043025D
Propnex Realty Pte Ltd
Blk 480 Lorong 6 Toa Payoh, #11-95 HDB Hub East Wing, Singapore 310480

(M): +65 9111 5171 
(E): yt.tan91115171@gmail.com
(W):www.yttan.com
(FB): www.facebook.com/yttanassetprogessor

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