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Hi. I'm a First time buyer (single PR). If i want to buy a condo for abt 700 K ,Am i right to say i need about 30-35K for cash downpayment? ( I have enough in CPF). For stamp buty and ABSD, i need 8%. Can that 8% be taken from a bank loan or must it also be cash?
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3 Answers

Hi,

It depends on the condo type you purchase, may I have more details so to make better recommendations? Thanks

Warm regards
Ivan ERA
 97432395 
Ivanng10@gmail.com
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Hi,

Normally stamp duty can be paid by CPD , but ABSD by Cash. What I can suggest at this present moment is perhaps you could contact me directly so that I can run you through the sums procedures. Once I have greater clarity on your financial sums, I can draw the progressive payment and illustrate the payment breakdown to make recommendations on how to solve the cash deficit issue.

Furthermore, working with an agent on your condo purchase does not make you liable to pay any fees, hence, I will walk you through step by step and assist from Financial/loan matters to shortlisting & negotiation and coordination of legal/ admin matters. Sales report and recent transactions will also be made available to aid your understanding. Hope to hear from you! Thanks!

D Kumar
 +65 96659926 
ERA Associate Division Director
www.kumarrai.com ( Recent Awards and Testimonials)

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GAN ENG JOO ONASSIS
Hi,

Re: One Stop Services for SG properties

We can assist you based upon your stated contents.

Tell us more about your requirements with locations, we can explore further in detail.

We are contactable at 92222389  or onassis@sgrealtor.com.

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CES Certified SG Realtor l SGRealtor.com
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