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Hi,

As a first-timer, you will be eligible for 15k grant and hdb loan if your monthly income is $6K and below. Typical breakdown as follows (if HDB loan):

CPF 10%
HDB Loan max 90%
Stamp duties and conveyancing Approx 3%
Agent fees 1%+GST
Misc admin fees 500
Cash over Valuation (if any)

If your loan is not 90%, the numbers will vary and calculations will differ. It is prudent to work with a professional agent who can guide you through the process, illustrate the ideal financial planning and nego a good price for you. Thanks and hope to assist with your housing plans further.

Warm Regards,
Ivan Ng
Proactive. Sincerity. Feedback.
Email: Ivanng10@gmail.com
Contact: (+65) 97432395 
CEA Registration Number: R052114D
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(Client's Testimonials) Read More

Good morning buyer,

If you meet the conditions of Singles grant or additional housing grant, you will be eligible for either one or both.

You may want to refer to the link taken from HDB website below:

http://www.hdb.gov.sg/cs/infoweb/residential/buying-a-flat/resale/single-singapore-citizen-scheme-or-joint-singles-scheme

The initial outlay will depends on which type of loan you are obtaining.

If you are eligible for HDB loan, your downpayment will be 10% and it can be fully paid by CPF OA funds.

If bank loan, it will be 5% cash and 15% CPF OA funds or cash.

other costs will be:

1) $1000 to obtain obtain to purchase and $4000 to exercise it (this amount will be contributed to the purchase price).

2) valuation fee $200
3) resale submission $80
4) estimated 3% buyer's stamp duty
5) legal fees (depends on HDB or private)
6) agent's commission (1% of purchase price)

Hope my explanation helps!

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

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
(W): www.propertyavenue.com.sg Read More

Hi,

Re: Our Preferred Experienced SG Realtor

Link shown:
http://www.hdb.gov.sg/cs/infoweb/residential/buying-a-flat/resale/single-singapore-citizen-scheme-or-joint-singles-scheme

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

Call us now, we can explore further in detail.

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

In all Areas of Singapore. Sale/Buy/Lease/Rent, Please call and/or drop me an email me. I’m always at your Services.

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Hi,
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