AskGuru Q&A Community

Good afternoon Kenny,

Have you apply for HLE (HDB loan) or IPA (bank loan) yet?

If you take up HDB loan, your cash outlay will be minimal as you can pay 10% downpayment fully by CPF OA funds.

Do take note these expenses have to be in cash:
1) $5k option deposit
2) $80 resale application
3)$200 valuation fee
4) 1% of purchase price plus 7% gst as agent commission

The rest like stamp duties or legal fees can be paid by CPF OA funds.

Hope my sharing is beneficial to your property purchase.

May I know how can I continue to value add in this purchase?

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Vice President (Agency)
R043025D
Property Avenue Pte Ltd
Estate Agent no. L3010650D
Blk 420 North Bridge Road #03-30 North Bridge Centre S188727

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

Hi Kenny,

Recommend to get a HLE (hdb loan) or IPA (bank loan) ready first before the house hunting so as to zone in on the blocks that suits your requirements.

Other cash components for resale hdb includes:
Option fee 5k
Hdb admin fees 500 approx
Agent commission 1%+7% GST

Thanks and hope to assist with your purchase 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

Evening Kenny,

You will need know how much HLE you are eligible for before we can work on something that's within your budget. However, you will require at least $10k cash in order to secure a unit. This would involve the Option and Exercise Fee, valuation, HDB admin fee and commission fee.

Do contact me further should you require my assistance.

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

Hi Kenny,

Re: Our Preferred Experienced SG Professional

Feel free to engage me as your agent. Plently of choice, first you need to obtain bank loan and HLE loan to proceed on the buying stage.

I can assist you based upon your stated contents and walk you through the entire process with options.

Call me now, we can explore further in detail.

I am contactable at 92222389  or onassis@sgrealtor.com / sgagent.com

In all Areas of Singapore. Sale/Buy/Lease/Rent, Please call and/or drop me an email me. I’m always at your Services.

Onassis Gan | R021244C | SG Professional l SGRealtor.com & SGAgent.com
EXPERIENCED. PROACTIVE. SINCERITY. FEEDBACK
ACTA (Full); PDCE (Singapore); MSc BIT(Middlesex); BBA (South Australia)

Featured Realtor Services recognition by SGReview.com and SGBride.com

Singapore Line : (+65) 92222389 
Malaysia Line: (+60) 111-0788889
Email: onassis@sgrealtor.com / sgagent.com
Skype: incomecare

Our Clients' Success Is Our Success
“Clients’ always at ease putting their properties with us”

Our SG Professional Services Youtube

Commercial - https://www.youtube.com/watch?v=brxduV0p85o
Residential - https://www.youtube.com/watch?v=eoMGp5nmSuI

SG Professional with presence that memorable at SGRealtor.com, SGAgent.com and SGAgents.com.

Do what the 99.99% won’t do, PLAN AHEAD TO A SUCCESSFUL TRANSITION INTO REAL ESTATE

Upcoming 2016, we are in the progress to create property portals to serve our SG clients better.

www.HiSingapore.com –Singapore Housing and Commercial Property Guide
www.Listing.sg – SG Properties Listings
www.CommercialSingapore.com – Commercial Listings
www.SGHouses.com – Residential Listings
www.Showsuite.com – SG Developer Projects Listings

SG Commercial Websites
www.SGCBD.com
www.CBDSingapore.com
www.SingaporeCBD.com
www.SgOfficeRental.com
www.SgShophouse.com

SG Landed Houses Websites – www.LandedGroup.com
www.SGGCB.com
www.SGBungalow.com
www.SGDetached.com
www.SGSemiD.com
www.SGTerrace.com
www.SGCluster.com

SG Districts Websites
www.BukitTimah.com.sg
www.Holland.com.sg
www.MarineParade.com.sg
www.sentosaisland.com.sg

Overseas Website
www.NewLaunch.my - Malaysia
www.PropertyPh.com - Philippines
www.VNProperty.com - Vietnam Read More