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Hi,

Typically 1% cheque is used to secure the OTP, then another 4% when you exercise OTP. The balance 15% is payable with 8-10 weeks of exercising, and stamp duties payable within 14 days of exercising of OTP. My legal partners will assist accordingly with your preferred arrangements and timelines.

May I assist you further with your purchase so you can have a peace of mind? Thanks and will be glad to understand your requirements further.

Warm regards,
Ivan ERA
 97432395 
ivanng10@gmail.com
www.ivanng10.com Read More

Good evening Alan,

You must give 1% option money to secure the unit after agreeing on the price then 4% to exercise the option to purchase within the stipulated option period (usually 2 weeks).

Then stamp duties (estimated 3%) within 2 weeks from exercise date and 15% CPF/ cash downpayment 2 weeks before completion date.

Hope my explanation helps!

Btw do take note that only Singaporeans are eligible to purchase landed property in Singapore. If you are a SPR or foreigner, you need to apply for approval from LDAU under SLA before you can purchase.

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

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
District Director
ECG Property Pte Ltd
(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W): www.yttan.com Read More

Hi Alan, have you got your IPA? I can email you the flow of the process and the cost break down.

I am reachable at my mobile or email.

CK Ang
 9046 3808 
res.ckang@gmail.com Read More