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Hi,

The 5% forms part of your purchase price, and is payable only in cash as its a MAS requirement. Typically its paid to the Vendor (either Developer or Seller). 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 ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

Email: Ivanng10@gmail.com
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Hi,

The 5% goes to the Vendor of the property, be it direct to the Vendor or through CVY account.

Should you need any 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 and your partner in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More

Hi.
5% will be part of the purchase.It is paid to developer for securing the unit.Let me walk your through the entire transaction, no agent fee for buying EC. I am reachable via 91442664  .

Looking forward to hear from you.
Tricia Tan
 91442664 
Group Director Read More