AskGuru Q&A Community

Get answers from PropertyGuru experts in 24 hours

3 Answers

Mike Lim
Replied
Morning Aung Su,

Assuming that you are buying a property valued and priced at $600k, the total stamp duty payable is $42,600. Only the standard stamp duty are payable by CPF while ABSD will have to be paid by cash.

FYI
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
0
Upvote Upvoted
YT Tan (陈永达)
Replied
Good morning Aung Su,

You will be subject to estimated 3% buyer's stamp duty and 5% additional buyer's stamp duty as SPR.

BSD - $12.6k (CPF/ cash)
ABSD - $ $30k (Cash)

Hope it helps!

If you need any assistance in your property purchase, feel free to contact me.

Enjoy your weekends!

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
ECG Property Pte Ltd
(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W): www.yttan.com Read More
0
Upvote Upvoted
Ivan Ng
Replied
Hi,

As per discussed Stamp Duties are approx 8% on purchase price of condo, ie 42,600

Hence the total funds required within 8 weeks will be approx 28%, or $162,600 (cash n cpf combination) if you can get 80% loan.

Santorini Tampines 1bedder is going around 600K.
Will you need more details? Thanks and hope to hear from you soon!

Warm regards,
Ivan ERA
 97432395 
Ivanng10@gmail.com Read More
0
Upvote Upvoted

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

Ask Your Question
Previously Asked Questions