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Hi, I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Hope to hear from you soon and have a great week ahead.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Hi,

Sure typically its 1% cheque to seller to reserve the unit with OTP issued, then another 4% cheque to seller law firm within 14 days option period to exercise the OTP, and another approx 3% cheque for the stamp duties payment and legal fees.

The conveyancing period will take approx 10 to 12 weeks to reach completion, and 75% loan will be disbursed at completion and balance cash payments are required 1 or 2 weeks before completion. Monthly installments will commence a few weeks after.

May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,

Ivan Ng Realtor
ERA Senior Marketing Director
ERA Diamond Achiever

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Hello

Buying resale EC?

#AskRealtorMani @AskRealtorMani

Is buying an EC a good investment?

Can I buy EC if I own HDB?

How much money do I need to buy EC?

Can I buy EC after selling a private property?

======================

Answer:

https://www.linkedin.com/posts/askrealtormani_buying-resale-ec-google-search-activity-6769828670426226688-CsVJ/

https://bit.ly/3kf0Ac7

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Hi

It will take about 3½ months to complete. You may text 9620 0827  for a casual chat. We can share with you the transaction process, timeline and estimated financial commitment.

Regards

Gavin Read More

Dear Sir/Mdm,

I will be happy to give you an overview of the purchase process. The first step is always to confirm your loan eligible amount first and from there, together with your CPF and cash savings, we can determine a comfortable loan quantum for you.

As for the timeline, once the unit is found and the price is agreed upon, you will need to put in a 1% option fee. The option period is usually 2 weeks, after which you will to pay 4% exercise fee and also the stamp duty within 2 weeks from the day you exercise the option.

The rest of the balance, 20% CPF and 75% loan will be paid at completion which is about 8 to 10 weeks later. Please feel free to contact me so that I can share with you more on the purchase process and what to look out for.

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
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(E) nick96444854@gmail.com
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“Nick is a responsible, efficient and excellent salesperson. He has very good knowledge of the real estate market and I benefited a lot from his advice and sharing. He is extremely patient when guiding me through the buying process and I am happy to secure a dream house within my budget with his assistance. A highly recommended salesperson who made my house hunting journey a breeze.”
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Mr & Mrs Tan (Seller of Inter-Terrace House) Read More

Hi,

A resale EC's timeline is similar to that of a private property.

A typical Option period for an Option to Purchase is 14 days, though it can be shorter or longer should there be an agreement between all parties.

Upon the Buyer's exercise of Option to Purchase, completion will be due in around 8 to 12 weeks, again to the agreement of all parties.

Do take note that Stamp Duties are payable within 14 days upon exercising of OTP.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans.

Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More

Hi there,

Fastest this can be done is within 2 months. If you need to take it slow it can be 3.5 months.

Just helped a few clients to buy and sell a couple of resale ECs recently.

Feel free to contact me to discuss further.

Regards,
Teck Chuan
BBA (Finance), NUS
Marketing Director
ERA Realty Network Pte Ltd
Mobile: 91374602  Read More

Hi you can arrange it to be slightly over 8 weeks. Do contact me at 97970200  to discuss more

Mark, your RIGHT choice
Propnex Read More