Asked by
Hi gurus, I am just got my Singapore PR. I would like to purchase condo in singapore. My banker gave me a green light for 1.2M condo. I prefer Amaryllis Ville or any close. Please advice me what should i do? How much upfornt should i prepare? how much Tax? Any Misc charges should i ready? How much deposit and other....please advice.
0
3275 views
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

3 Answers

Dear Manap,

key points you must know:
1) loan quantum normally about 70 to 80% based on Bank's valuation not purchase price.

2) Stamp duties, Government Tax about 3% of purchase price, you must pay once you confirm puchase.

3) In a nut shell prepare 15% cash ready to cover 10% deposit, Stamp duties and legal Fee.

4) Balance different in cash between loan amount and purchase price within 12 weeks after you sign purchase agreement.

5) For $1.2 M you can have a raher good choice of property. What district would you prefer?

Thank you!

Jerry Lum ERA Associate
HP 8288 0098  Read More
0
We value your home as much as you do! Find out the indicative value of your home at http://bit.ly/UrHomeMatters and get monthly update on your home value. Restructure your portfolio with us, speak to us! Read More
1
Hi Sir/Madam

Are you looking to sell/buy or rent out your property?

I will be glad to assist
I am well versed in HDB and Private Property transaction and have done many transactions
Appreciate if you can contact me at (65) 9 6 6 0 8 5 0 8 with details of your unit
or click here https://bit.ly/WaSilvia to whatsapp me for no obligation discussion
Thank you.

Warmest regards,

Silvia Yang

Senior Marketing Director
ERA Realty Network Pte Ltd
Mobile: (65) 9 6 6 0 8 5 0 8
Email: Silviayang8@gmail.com Read More
1

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

Previously Asked Questions