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Hi,

You have to prepare an estimate of $5,000 cash for the purchase of resale HDB and depending on how much loan you will be taking, if possible I will advise that you give me a call so that I can explain to you and help you do a financial calculation.

Thank you,
Louis See
ERA
 90913553  Read More

Hi,

For SPRs to be eligible for resale hdb, it requires a married SPR couple with each SPR holding 3 years SPR status before they can purchase.

Also, Minimum 5% cash is required for resale hdb. Thanks and look forward to assist with your housing plans further.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

Email: Ivanng10@gmail.com
Contact: (+65) 97432395 
Facebook Page: www.facebook.com/ASAProp
Website: http://www.ivanng10.com/#!reviews/c11r1
(Client's Testimonials) Read More

Afternoon,

Other than the OTP money of $5k, 5% ABSD, you will need another 5% cash of the purchase price as down payment. You can however utilize your CPF monies to settle the balance of 15% down payment, legal and stamp fee.

Do feel free to contact me for further discussion.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More

Good evening buyer,

Do take note that your spouse has to be SPR for at least 3 years as well in order for both of you to be eligible under public scheme.

The breakdown of initial outlay will be as such if you are able to obtain max 80% bank loan.

1) min 5 % cash
2) 15% CPF or cash
3) estimated 3% buyer's stamp duty
4) 5% additional buyer's stamp duty as SPR
5) legal fees etc

Perhaps you can share more information about your finances on hand (cash and CPF) so I will be in a better position to advise and assist you further.

Just to share!

Only a one time sign up, you will be able to receive a free SMS update on the value of your home and neighborhood from me on a monthly basis.

Click this now: http://goo.gl/Gg5pe3!

Join me on board towards a hassle free update on valuation now!

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Senior Associate Marketing Director
R043025D
Propnex Realty Pte Ltd
Estate Agent no. L3008022J
Blk 480 Lorong 6 Toa Payoh, #10-01/11-01 HDB Hub East Wing, Singapore 310480

(M): +65 9111 5171 
(E): yt.tan91115171@gmail.com
(W):www.yttan.com

Powerful Negotiators
No.1 team in Propnex Read More

Hi,
According to HDB regulation, you are allowed to use maximum of $1,000 to exchange for a OTP. Upon going through the valuation process if you need to use CPF or HDB/Bank loan, you will need a maximum of of $4,000 to exercise the OTP.
If you are using HDB loan, you may withdraw from CPF OA to pay 10% down payment (i.e. assume getting 90% loan), and service the monthly installment using HDB loan under Public Housing Scheme.
20% down payment is mainly for bank loan.

Ling Chee Kwong
ERA
 90110636  Read More