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Hi.. May I know how much down payment needed if buying resale hdb 4room in Singapore? How much other charge like stamp fee..? Actually just want to check how much need to prepare in total if want to buy a hdb 4room. If applicant is bankruptcy how does it work? Thanks!
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2 Answers

Ivan Ng
Replied
Hi,

It depends on if you are taking HDB loan (90% max) or Bank Loan (80% max). May I know if you are local or SPR? Stamp duties will vary but it will at least be approx 3%.

If applicant is bankrupt, you might not be able to get any loan, which means you may not be able to proceed with the purchase. Thanks and hope to assist further with your housing plans.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
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SMU BBM (Finance), Magna Cum Laude
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  • YT
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    Thanks for ur reply. My friend was a bankruptcy and she had purchased hdb 5room last month. I think u had given wrong information. Anyway thanks for ur reply..
Mike Lim
Replied
Afternoon,

As bankruptcy, how loan that will be eligible to you will based mainly on your income and credit status. Should you be prompt on the monthly installment, the figures will be better. Stamp duty can be paid by using CPF and figures vary based on purchased price.

Do contact me further should you require my assistance.

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