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Hi,

Yes any shortfall will have to be in cash. Do note to include stamp duties, legal fees and agent commission and COV (if any) in your calculations, hence your cash outlay is likely to be more than 30k. Thanks and hope to assist with your housing plans 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 
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(Client's Testimonials) Read More

Evening,

As the purchase price is higher than the funds that you have in hand, you will need to pay out the difference, by cashier order, latest on the day of completion. However, with additional expenses on legal and stamp fee, valuation, HDB admin fee and agent fee, your actual expenses will likely be more than $30k.

Do feel free to contact me for further discussion.

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

Hi,
You are right, the balance have to be in cash. But if the purchase is your 1st hdb or you have never taken the grant, then can explore on the possible grant.

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