Hi Amisha!
Good morning! Firstly, I would like to thank you for your query!
To begin, please do note that foreigners are eligible to purchase a resale aged 10 years or more only (after the resale EC has attained private condo status) or private condominiums.
The exact price of the differing ECs would differ primarily due to location and ranges between 1M ~ 1.2M.
The purchase breakdown is as followed:
-5% CASH ;deposit and exercise
[1% deposit AND 4% upon exercise]
-15% CPF (or cash if insufficient)
-3% Buyer Stamp duty; BSD (Can utilise CPF if you have enough funds)
-15% Additional BSD (Can utilise CPF if you have enough funds)
-Legal fee = $ 2,000~$3,500 dependent on individual legal firm.
-Mortgage stamp duty
Perhaps you can contact me at
96659926
for a short discussion for me to run you through the overview of the purchase framework, understand your requirements and specifications as well as calculate your finances on hand (Cash/CPF amalgamation) to construct a financial plan with payment timeline to narrow down ideal developments and shortlist exact unit layout type for your perusal. I have actively transacted many EC private properties (testimonials available on website) and since you may be unfamiliar with the process, you might want to tap onto advise and guidance in this regards, at no obligation of course. I will walk you through the entire process from selecting developments/ arranging viewings, handling bank/finance aspect, arrange for your legal processing matters as well as handle all paperwork at no cost. The purchase of private property does not involve agent fees and thus, you will enjoy expertise at every level at no obligation and cost. Furthermore, I will take the opportunity to run you through past and present transaction caveat & illustrate a pricing and customised sales report with projected returns/ capital gains for you to observe and understand, offering market insights for your consideration. I will usually share about the property outlook with my clients and tailor make a plan that suits best for them in years to come. Thank You!
Visit my website for my recent accolades, awards and testimonials@ www.kumarrai.com.
D Kumar
+65 96659926
ERA Associate Division Director
#1 team of ERA in Singapore, Asia Pacific International for 2014/5/6/7
ERA 2015 Q1 Top Achievers (Top1%)
ERA Top Achievers 2013-2017
ERA Multi-Million Dollar Club Award
2014 ERA Asia-Pacific Business Conference Elite Award
P Group
Overall Top 100 achievers 2014-2016
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