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Hi Ke Wei,

Feel free to contact me, so I can get more details and do an in-depth analysis, to give you a more thorough understanding.

nd regards,
Teck Chuan, Ng
BBA (Finance), NUS
ERA Realty Network Pte Ltd
Mobile: 9137 4602  Read More

Afternoon,

As you still have about 6 more months to go before fulfilling the SPR holding requirement, it would be good to start hunting in late Sept or early Oct. Being SPR buyers, you will need to prepare the following funding:

1) 5% ABSD
2) 20% down payment, provided you are granted with 80% loan
3) 3% Standard stamp duty and legal fee
4) 1% agent commission
5) Around $2k for valuation, admin fee, tax refund, etc.

Do contact me further should you require my assistance.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More

Hi Ke Wei

You will need to wait out the 3 years before you can purchase a resale HDB flat.

You may start to engage a real estate salesperson (RES) 2 weeks before your 3 years are up as any time earlier will be a wasted efforts on your part as you will not able to purchase. This is because I have help numerous SPR/SPR buy a resale HDB and it had taught me that SPR/SPR tend to be quick with their decision as they had the experience in choosing a home. This likely due to their experience in choosing a place to rent. This time is to buy.

Once you are really, you may call 9620 0827  for a casual chat or email to gavin.ng@orangetee.com. We can do a pro-forma financial statement with the latest policies then.

Regards

Gavin Read More

Good evening Ke Wei,

I will advise you to only start househunting around 1 month before you fulfill SPR status for 3 years. Because if you start too early, you wont be eligible to ink on the OTP as well.

As for the initial outlay, it will be as such:

1) 5% cash downpayment inclusive of $5k option deposit
2) 15% CPF OA or cash downpayment
3) estimated 3% buyer's stamp duty
4) 5% ABSD as SPR
5) $2k legal fees
6) $80 resale application
7) $200 valuation fee
8) 1% of purchase price plus 7% GST as agent's commission.

Based on your budget, you might be looking at 3rm or smaller sized 4rm flat if possible.

I had assisted a few SPR buyers in their resale HDB purchase last year. Hope I can be of help to yours as well.

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Vice President (Agency)
R043025D
Property Avenue Pte Ltd
Estate Agent no. L3010650D
Blk 420 North Bridge Road #03-30 North Bridge Centre S188727

(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W):www.yttan.com Read More

Hi Ms Chin,
It is too early for the purchase. But I can share with you the requirement, procedures, loan, the breakdown cost and the time frame first

To assist and advise you more in details, kindly drop me an email for me to share.

I am contactable at my mobile or email.

CK Ang
 9046 3808 
res.ckang@gmail.com Read More