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Hello
you will need cash or cpf to fulfilled the balance of 400k .
on top of that . dont forget your stamp duty which amt to 21k that you can use the cpf to settle.

You can whats apps me at 97508318  if you have further questions

Silvia Chua
ERA Realty Network Pte Ltd
silviac@singnet.com.sg Read More

Dear sir/madam,

You will need to fork out the $400k in cash plus CPF to make up the shortfall, plus another 3% for the stamp duties and also prepare for miscellaneous admin fees like resale application, valuation requests and conveyancing fees just to quote a few. Even if you decide to switch to a bank loan, the loan amount will still be pretty similar as they assess your loan based on the MSR framework, and for bank loan, you can only loan up to 75% of the valuation.

Warmest regards,
Geryl Lim
Associate Deputy Group Director
Salesperson Registration No. R014783H
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
[main] +65 6471 8888  [mob] +65 81577565  [LDA] +65 92787772 
www.geryllim.com
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Note: We value your home as much as you do! Find out the indicative value of your home at http://bit.ly/UrHomeMatters and get monthly update on your home value. Restructure your portfolio with us, speak to us! Read More

Hi,

Based on the figures provided, you will need to top up the shortfall, plus stamp duty, in Cash and CPF.

If you do not have sufficient funds, my advice would be to look for a lower-priced flat. It is very important to remain prudent in your property purchase and not over-leverage yourselves.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

Should you need require 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
You have to come out with the balance $400,000k in Cash/CPF and stamp duty of around $21k also payable in cash/CPF. If you are a first timer, you will be able to enjoy first timer grant (grant amount depends on your pay) and use it to offset the price. I am specialised in HDB transactions. Do contact me at 93375051  for a free and non obligatory discussion on this.
Regards
Taufik Hussein
CEA Reg No: R061607B
Contact No: 93375051 
ERA Realty Netwrok Pte Ltd Read More

Hi,

1) Selling price = $880k, loan = $480k. Shorforth = $400k.
2) You will need to have a lump sum of $400k in CPF OA or cash or both combined.
3) Do not miss out on the stamp duty and legal fees; stamp duty = $21k, legal fees = $2k.
4) So you must have $400k + $21k + $2k = $423k before you could commit to the purchase.
5) HLE and bank are using MSR to assess your loan amount which is instructed by MAS. Therefore the amount they could adjust is minimal, properly only $10k~$20k to assist in your purchase after appeal.
6) You will be able to increase the loan amount if you have stocks, gold, or any valuable materials to show.

Hope the above answer your main concerns, but if there are more query, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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