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Hi gurus,

I am a SPR with no previous property. I am interested in buying a small condo (1 or 2 room). I need some rough information on how much total cash(including cpf) that i need to fork out the first time(include everything, except bank loan) and what fee or tax that i need to pay regularly(either monthly or annually). Would appreciate if anybody would give me some infos. Thanks alot.
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4 Answers

Ivan Ng
Replied
Hi Mr. Andreas,

For SPR 1st condo purchase, breakdown as follows:
Cash 5%
Cpf 15%
Max bank loan 80%
Stamp duties & legal fees 8% approx

Monthly mortgage depends on price of property purchased. Thanks and hope to discuss further your requirements.

Warm regards
Ivan ERA
 97432395 
Ivanng10@gmail.com
Website: http://www.ivanng10.com/#!reviews/c11r1
(Client's Testimonials) Read More
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Aaron Chong
Replied
Hi Andreas, why don't I get my banker to get in touch with you first?

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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D. Kumar
Replied
Hi Ms Lo,

The initial cash outlay for PR is as such:
Assuming 80% bank loan,
20% Cash ( 5% Cash & 15% CPF)
3% Buyer Stamp Duty
5% ABSD
Approx $3k legal fees

-Monthly installment = depends on Purchase Price
-Annual cost would be property tax

Perhaps you could furnish me with your requirements and finances on hand so that I can illustrate the financial computations and progressive payment to shortlist the projects in accordance for your consideration. At the same time, I will ensure I cover the entire procedural framework + latest transaction caveats for your understanding. To add, there is no agent fees involved, hence, I will guide you step by step and work closely on your purchase.

D Kumar
 +65 96659926 
ERA Associate Division Director
www.kumarrai.com ( Recent Awards and Testimonials)

#1 team of ERA in Singapore, Asia Pacific International for 2014.

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Gan Eng Joo ONASSIS
Replied
Hi Mr Andreas,

Re: One Stop Services for SG properties

We can assist you based upon your stated contents and walk you through the entire process.

Tell us more about your requirements and locations, we can explore further in detail.

We are contactable at 92222389  or onassis@sgrealtor.com.

Onassis Gan Eng Joo - CEA Reg No.: R021244C
CES Certified SG Realtor l SGRealtor.com
agent.myweb.sg (PropertyGuru) / agent.irealtor.sg (iProperty)

SG Hotline: +65 9222 2389 
Email: Onassis@sgrealtor.com
Skype: incomecare

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