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Hi,

The downpayment is 25% , assuming 75% max loan no issue. Do note there are other payments like buyer stamp duty of approx 3%, as well as ABSD of 20% (for Singaporean 2nd residential property). May I know which development you are looking at?

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

Warm Regards,

Ivan Ng Realtor
ERA Senior Marketing Director
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Hi, appreciate your sharing.
5% - cash
20% - Cash/CPF OA

Stamp fees - cash/CPF OA
Additional buyer stamp duty - cash/CPF OA
Looking forward to assist you at 9696 4398  or email me at stewartlim96964398@gmail.com

Cheers
Stewart-PropNex Read More

Hi Sir/Mdm,

You will be eligible for 75% loan. The downpayment will be 5% Cash and 20% Cash or CPF. You will also need to factor in the normal buyer stamp duty and a 20% Additional Buyer Stamp Duty since it is a 2nd property.

Please contact me so that I can compile the figures and send you so that you can have a better idea!

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
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Mr & Mrs Tan (Seller of Inter-Terrace House) Read More

Hi,

I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Have a good day ahead. By the way, it would be 25%.

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

Hi there, since you have fully paid your first property, 25% downpayment will be the minimum, assuming 75% loan is approved.

However, we will still need to factor in the Buyer's Stamp Duty(Progressive Calculation based on Purchase price) as well as Additional Buyer's Stamp duty at 20% for 2nd Residential Property for Singaporeans.

It is worth taking note that if you were to look at Commercial/Industrial Property, ABSD is not applicable but GST is payable instead which is significantly lower than ABSD rates.

May I have more information and requirements about your plan to understand your situation better? My team & I have curated an exclusive app to help our clients make better decisions for their Property Portfolio as well as concerns. You may contact me at 90300391  https://wa.me/6590300391

Looking forward to connect with you!

Ng Chung Sze
PropNex
ChungRealtor智 Read More

Cash component will still be 5% minimum, while balance 20% can be made up from combination of cash and/or CPF. This is if you are eligible for maximum loan of 75% since you have no more outstanding home loan.

Your citizenship will also affect your ABSD, where it is between 20 to 60%, on top of the normal buyer's stamp duty of up to 6% depending on your purchasing price.

I have been in the real estate business since 2009, with more than 13 years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.

We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!

Warmest regards,
Geryl Lim
Associate Group Director
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
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Hi

You may text 9620 0827  for a casual chat.

Warmest regards

Gavin Read More

Hi,

1) The below is based on the assumption that you are able to receive 75% LTV.
2) The payment schedules for new projects and resale are different:
(a) New project:
5% on option (cash)
5th weeks from option date: pay stamp duty 3/4% + 20% (can be in cash or CPF)
Completion; 8th weeks from option date: pay 15% (can be in cash or CPF)
9 months from the option date (or later), this is only required when the foundation is completed: 5% (can be in cash or CPF). The bank will release the 1st 5% at this point in time.

(b) Resale:
1% on option (cash)
4% on exercising the option (OTP) (cash)
2 weeks from exercising OTP: pay stamp duty 3/4% + 20% (can be in cash or CPF)
Completion; 12 weeks from exercised date: pay 20% (can be in cash or CPF). The bank will release 75% on this date.

3) The downpayment of 5% is always cash for both new projects and resale.
4) The usage of CPF is always at the last. Meaning if you only have 10% that can be utilized from your CPF. You will need to have 10% cash to pay upfront.
5) Do note that if you intend to utilize CPF for the payment of stamp duty, you will have to inform your lawyer when you have optioned for an OTP.
6) The CPF board will not entertain last-minute requests for funds disbursement from your OA. They required at least 14 working days to do so.

Please give me a thumbs-up if the answer provided is relevant to your main concern. Thanks!!!

Hope the above answer your main concerns, but if there are more queries, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

Note:
Any response to our answer does not reach us.
The best way to get a follow-up is to Whatsapp or email us directly. Read More

Hi,
25 %
I would be glad to assist you.
Feel free to contact me at 97100155 
Hope to hear from you soon.
Pei
Associate Group Director
Propnex Realty Pte Ltd

https://linktr.ee/peiproperty
https://r011838b.propnex.net Read More

Here are the key points regarding the downpayment for your second property purchase in Singapore:

Downpayment: 25% of the property value
Maximum Loan: Up to 75% of the property value through a bank loan (assuming you meet loan eligibility criteria)
Additional Costs:
Buyer's Stamp Duty: Approximately 3% of the property value
Additional Buyer's Stamp Duty (ABSD): 20% of the property value (since you're a Singaporean buying a second residential property)
------------------

"If you need more assistance with property matters:

like renting / selling, buying / or investing, I'm here to help!

WhatsApp me at >>9856 9255 or through this link.:https://wa.me/6598569255.

(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

You can check out my reviews here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

For buyers, I offer solutions for sourcing resale and new private homes at no charge.

I can connect you with reputable bankers for private housing loans free of charge and with no obligation.

I also have partners to assist with mortgage home insurance matters.

Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份） :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!

*** You can reach me at my Singapore mobile: (+65)>>9856 9255>> or email me at Able.selling@gmail.com.

From: ABLE Toh- Your Property ASSISTANT ：）

“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”

XXXXX The End XXXXXXX Read More

Here are the key points regarding the downpayment for your second property purchase in Singapore:

Downpayment: 25% of the property value
Maximum Loan: Up to 75% of the property value through a bank loan (assuming you meet loan eligibility criteria)
Additional Costs:
Buyer's Stamp Duty: Approximately 3% of the property value
Additional Buyer's Stamp Duty (ABSD): 20% of the property value (since you're a Singaporean buying a second residential property)
------------------

"If you need more assistance with property matters:

like renting / selling, buying / or investing, I'm here to help!

WhatsApp me at >>9856 9255 or through this link.:https://wa.me/6598569255.

(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

You can check out my reviews here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

For buyers, I offer solutions for sourcing resale and new private homes at no charge.

I can connect you with reputable bankers for private housing loans free of charge and with no obligation.

I also have partners to assist with mortgage home insurance matters.

Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份） :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!

*** You can reach me at my Singapore mobile: (+65)>>9856 9255>> or email me at Able.selling@gmail.com.

From: ABLE Toh- Your Property ASSISTANT ：）

“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”

XXXXX The End XXXXXXX Read More

Hi, hopefully you managed to get your doubt or query answered. If so, then congrats! Hopefully you are doing well now.

If you are currently or planning to find a property agent, I can assist.

If you are interested in prices of houses in your neighbourhood, you may visit this website to find out more or contact me.

https://www.era.com.sg/R064892F

If you are currently planning to go on a property journey selling/buying/renting/investing, I can be of assistance. Do feel free to reach out to me for more queries and assistance.

Landon Chew
97 39 60 40
landonchew@email.com Read More