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Dear TKY,

Below are the payment
During option
1) Deposit $5,000 (cash)
2) Valuation report $206 (cash)
3) HDB admin fees $80 (cash)

10 days after first appointment
1) Stamp duty + ABSD = $30,600 (cash/CPF)

2 weeks before completion
1) 20% of downpayment $84,000 (15% CPF/cash, 5% cash)
2) COV $25,000 (cash)
3) Lawyer fee $3,000 (cash/CPF)
4) Agent service fees $4,500 (cash)

Hope that I have answered your question.

Feel free to call me if you need my assistance.

Thanks and Regards
Johnny Goh
R018297H
Team Associate Director
OrangeTee.com Pte Ltd
Mobile: 90906267 
Email: johnny.goh@orangetee.com
Website: johnnygoh.myweb.sg Read More

Morning,

Assuming that have zero CPF and managed to obtain 80% loan from bank, the below stated breakdown are the payments required:

1) 5% ABSD: $24k
2) 20% Downpayment: $90k
3) COV: $30k (Inclusive of $5k OTP Monies)
4) Legal and Stamp duty: $12k
5) Adminstrative Charges: $1k
6) Commission Payable: To be discussed

Hence you will need around $162k cash where item 1 to 4 is payable within 21 days from HDB completion. The OTP monies is payable when you inked the OTP. As for the Adminstrative charges, it's payable throughout the entire S&P process, progessively.

Do feel free to contact me for further discussion.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More