Asked by
Hi Guru, I would like to know how many percentage of downpayment do I have to pay for a new launch condo? I am currently an owner of a 5 room flat with my husband, outstanding loan to service as well. Thank you for your advice.
0
1062 views
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

2 Answers

Hi Ms Tan

Firstly, it is the 5% cheque payment for the booking of a new launch condo. And in about 2 weeks time, follow by the 15% (cash or cpf). Pls feel free to contact me should you need any assistance. Cheers!

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
0
hi Ms Tan

New Launch payment mode as per follow:

Day1: 5% (Cash)
Week8: 15% (cash) note: this wont be cpf becos of u taking 50% for 2nd loan

Unless you are able to fully pay your existing loan, u can be eligible for 80% loan. SO 5% cash, and 15% cash/cpf after setting aside minimum sum $74,000 each for you and husband

If status quo, you are only eligible for 50% loan. So you initial downpayment has to be 25% cash, with the remainder 25% to be cash/cpf

Do contact me for more info

EUGENE HO
Huttons
call/whatsapp: +65 91062924 
email: eugenehowc@gmail.com Read More
0

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

Previously Asked Questions