Dear Mr.Vijay
Assuming you do not have any loan with the bank pertaining to any SG property.
MAS guideline is that you have to fork out
5% Cash 15% cpf (20% Total of the Valuation price)
3% Buyer stamp duty of the Price you bought at Example:
$1million (Formula $1mill x 3% -$5400=$26,400/-)
ABSD=5% (SPR) $50,000/-)
Conveyancing fees Approximately $3000/-
Cash Component required=$50,000(5% downpayment)
Stamp duty =$26,400(3%-$5400)
ABSD =$50,000(5% of purchase price)
Legal conveyancing =$3000
Cash Total outlay =$129,400/- (Purchase price $1million)
Cpf Total outlay =$150,000/-(15% of Purchase price)
Grand Total =$279,400/-
Loan 80%
Please contact me to discuss further how we could acheive your objectives.
HP:8666-5000
(Sales Director)
julius@sri5000.com (SRI5000) "Its all about the Experience"
My Web:
www.julius5000.com
www.sgcondolaunches.com
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