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Hi,

Scenario 1:
Only $5k needed for the deposit upfront to exercise the OTP. The balance amounts will all be due at completion around 3 months later ($95k in cashier order payable to HDB), plus relevant buyer stamp duty $8100 and agent success fee of 1%+GST $4905

Scenario 2:
No different, just larger balance amount at completion. All major costs are payable at completion.

Hope the above clarifies. May I have more info and requirements about your plans so as to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,

Ivan Ng Realtor
ERA Senior Marketing Director
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Buyer
Mr Wang & Ms Ng : We want to convey our thanks to Ivan, who helped us find our first home. Ivan was very responsive when we first met, and took time to understand our needs and requirements for our first home. He helped us narrow down our criteria and gave us good advice on how to structure our mortgage as well. He also made a great recommendation of an area we never thought of, and it was where we eventually bought our home. We appreciate Ivan's thoroughness in pros and cons of all our options that we viewed. We never felt pressured or rushed to make a decision. In fact, Ivan gave honest and useful inputs on the considerations of acting immediately or waiting. All in all, it was a very smooth experience and we ate very happy with the unit we bought. Thank you very much, Ivan! Read More

Hi, appreciate your sharing. Base on HDB loan 20% down payment can be cash or CPF OA provided you attain 80% loan. For bank is 5% cash, 20% cash or CPF OA provided you attain 75% loan.
Looking forward to assist you at 9696 4398  or email me at stewartlim96964398@gmail.com

Cheers
Stewart-PropNex Read More

Dear sir/mdm,

Any amount not covered by loan will be in cash and/CPF. For COV, it explicitly means cash. For all HDB resale transaction, your up front payment is maximum of $5,000 which include the option money and exercise fees. Balance of the payment will be required upon completion. Hope it helps!

I have been in the real estate business since 2009, with more than 14 years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.

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Hi,

In HDB resale purchase, any amount that is not covered by loan will then need to be paid by cash or CPF. Any COV amount is ofcos in cash too.
You only have to pay 5K cash (option fee 1K and exercise fee of 4K) within the 1st 3 weeks. Balance, either cash or CPF, is only to be paid on completion date only (estimated 12-14 weeks)

Hope this help,

This platform does not allow me to contact you directly so kindly contact me at
https://wa.me/6597261112 I would be glad to assist you further
Thank you and best regards,
Jenny Tran
Propnex Realty Pte Ltd
(HP) +65 97261112 
(Email) jenny.tran@propnex.com
BSc (Real Estate) (Hons)-NUS

Testimonial from Satisfied Clients
-- My husband and I wish to commend the sincere attitude and good customer service rendered by
your staff Jenny, who handled the sale of our 5R HDB flat early this year. We have met several
agents but none as genuine as Jenny. Being a seller agent, she took our interest at heart in handling
the sale, unlike other agents who are self-interest. Jenny is punctual and prompt in the whole
dealings and we were convinced that such an agent is hard for find nowadays. Jenny is a
trustworthy, honest, sincere and hardworking agent. We are happy with her service and would
gladly recommend her to our friends in future. Jenny is an asset to Propnex and the organisation
should value her. Thank you Jenny for her efforts--
Mr and Mrs Soo (HDB seller)

--Jenny is very committed and responsive to her clients and she has spent hours updating them and
looking out for great deals and even tailor-made property proposal geared towards their needs. Will
certainly refer her to others and will definitely approach her again in her future--
Nick and Kim (New launch buyer)

--Jenny did a great job helping my wife and I sell our unit. She took active steps to walk our
neighbourhood to understand what she was marketing. During the marketing period, she managed
potential buyers and provided timely updates and recommendations so we could stay on top of the
process. Overall, Jenny was professional and helped us to achieve a positive result which we are very
thankful for--
Aaron ( HDB seller)

--Jenny was very passionate and went the extra miles to help. Thanks to her professional advice and
recommendations, I had finally found my dream home--
Yvonne (New launch buyer)

--Appreciate Jenny's clear and prompt communication style with us and other stakeholders. She was
also patient and client-centered throughout the process of finding a home that met our criteria. As a
first-time home buyer, we appreciate how she went out of her way to explain the process and
answer questions we had--
Samantha (Resale condo buyer) Read More

Hi,

1) Scenario 1: Maximum loan: $360k (80% for HDB loan), this amount is only available if you meet the MSR requirement.
Downpayment: $5,000 ($1k deposit for OTP, $4k for exercising the OTP)
CPF or cash: $95,000 (3 weeks before completion)
Your available loan: $350k
Buyer stamp duty for $450k: $8,100 (cash and/or CPF) (14 days upon HDB approval)
Miscellaneous (inclusive of caveat, valuation, resale application, etc): $700

2) Scenario 2:
Downpayment: $5,000 ($1k deposit for OTP, $4k for exercising the OTP)
CPF or cash: $195,000 (3 weeks before completion)
Your available loan: $350k
Buyer stamp duty for $450k: $11,100 (cash and/or CPF) (14 days upon HDB approval)
Miscellaneous (inclusive of caveat, valuation, resale application, etc): $700

3) If COV is incurred, you will have to use cash for this extra cost around 3 weeks before completion.
This amount is an addition based on scenarios 1 & 2.

Please give me a thumbs-up if the answer provided is relevant to your main concern. Thanks!!!

Hope the above answers your main concerns, but if there are more queries, 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 Read More