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HDB Questions

Asked by carmen 14 Oct 2011

Hi Guru, I want to buy a HDB resale flat at Teban / Pandan area, 3 rooms, can you pls let me know the est. price? and how much should I pay for the downpayment?

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Mike Lim · Answer 1 · 2011-10-14T11:36:44+08:00

Mike Lim

Replied 14 Oct 2011

Afternoon Carmen,

There's currently a unit at Blk 48, with valuation of $255k, Asking of $310k, low floor unit. If you are PR and eligible to 80% loan, you will need to pay 5% cash, 15% CPF / CPF + cash / cash, which will sum up to $50k. Your stamp fee would be around $4400, if you purchase at $310k. The legal fee is around $1900. As for the commission agreement, do feel free to contact me for further discussion.

Regards
Mike Lim
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