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Hi Guru,

understand that for SPR to purchase HDB resale flat, we are required to pay ABSD and other such as BSD, legal fees, stamp duty, etc.

my question is, are all the above is a lump-sum payment? in other word, we need to settle about 28% of the property price after we purchase the house?

thanks
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3 Answers

Hi
In order to buy a hdb, you need to fulfil 3 years of PR status. I would be pleased to run you through the process and financial calculations.
You may reach me via 91442664  .
Tricia Tan 65 91442664  Read More
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Hi,

Both of you need to have hold SPR status for 3 years each before you are eligible for purchase. Yes its a lump sum payment, payable 2-3 months after purchase is confirmed (OTP exercised).

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

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

Email: Ivanng10@gmail.com
Contact: (+65) 97432395 
Facebook Page: www.facebook.com/ASAProp
Website: http://www.ivanng10.com/clientreviews
(Client's Testimonials) Read More
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Robbie Chen Chee Howe
Hi,

You're right that you will need to set aside approximately 28% of the purchase price. However, it is not a lump sum payment, and the payment will be in the different stages of the transaction.

Also, BSD and ABSD can also be paid from your CPF if you have enough monies your OA.

Feel free to let me know if you need me to work out the timeline together with you.

Should you need any 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
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