AskGuru Q&A Community

Hi,

Firstly both of you must each held SPR status for at least 3 years before you can purchase. If so, you are eligible. Typical breakdown for PR 1st property purchase as follows:

Cash 5%
Cpf 15%
Max Bank loan 80%
Stamp duties and legal fees Approx 8%
Agent commission 1%+GST

Hence you are looking at around 110k (cash+cpf) for a 380k hdb purchase. May I understand your plans further so to make better recommendations? Thanks and look forward to value-add to your housing plans.

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,

Firstly, both of you need to be holding onto SPR for more than 3 years. Then we would need to know how much loan you are eligible for. Should you be eligible for 80% loan, you will need 5% cash and 15% CPF for down payment. You will also need 5% cash for ABSD payment. Other expenses are legal and standard stamp fee, valuation report, HDB admin fee and property tax refund.

Do feel free to contact me for further discussion.

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

Hi

Most of my cases are SPR/SPR. If you want to call 9620 0827  or email gavin.ng@orangetee.com, i will share with you the financial and timeline.

Regards

Gavin Read More

Good evening buyers.

just to check have both of you fulfill SPR status for at least 3 years?

If so, you are eligible to purchase under public scheme.

In addition, if you are able to obtain max 80% bank loan, your initial outlay will be as such:

1) 5% cash downpayment
2) 15% cash or CPF downpayment
3) estimated 3% buyer's stamp duty
4) 5% additional buyer's stamp duty as SPR
6) $2k legal fees
7) resale submission fee $80
8) $200 valuation fee
9) agent commission (1% of purchase price plus 7%) etc.

So for $380k purchase, you will need at least $100k.

I had assisted numerous of SPR buyers to purchase their first dream house in Singapore. Hope you can be one of beneficiaries as well.

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,
Once both of you completed 3 years PR, you may purchase a hdb. The total cash + cpf is around 28% of the purchase. I can assist to compute the estimated bank loan to know your budget.

To assist and advise you more in details, kindly drop me an email for me to share.

I am contactable at my mobile or email.

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

Hi,

Which HDB area and type you are keen, will give my recommendation and arrange the viewing accordingly.

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.

EXPERIENCED. PROACTIVE. SINCERITY. FEEDBACK
ACTA (Full); PDCE (Singapore); MSc BIT(Middlesex); BBA (South Australia)

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” Read More