Hi Diaz,
You have to take note of the Additional Buyer's stamp duty of 10% on top of the usual 3% buyer's stamp duty.
You need to know more about financing a property here in Singapore. 20% downpayment is needed (5% cash 15% CPF) shortfall in CPF will be in cash (provided you have CPF in singapore)
Purchase procedures will be:
1) 1% option fee
2) settle bank loan and fix law firm during option period
3) pay 4% deposit plus buyer's stamp duty on exercise date
legal fees is about $2800+GST (normally subsidised by banks)
If you need any assistance in financing, I am more than willing to introduce some capable and hardworking bankers.
I will love to assist you with your property purchase!
Looking forward to hear from you soon!
Warmest Regards,
YT Tan
ECG Property
M:
(+65) 9111 5171
E: yt.lovelyhomes@gmail.com
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