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hi, my husband and me is PR, plan to buy 1st HDB on resale market, may i know how much the cash i have to prepare? any list details for payment? example, agent fees how many%, stamp duty 5%? can use CPF to pay? down payment 5%? lawyer fees? COV? or any other fees i have to pay by cash?
and which paymnet i can pay by CPF too?
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3 Answers

Zheng Yanhui(Alex)
Replied
Hi Evelyn
Agent fee - 1%
ABSD - 5 %
cov - depend on the location

Feel free to call/sms 92736096  for more discussion.

Regards
Yanhui
ERA
 92736096 
zheng_yanhui@hotmail.com Read More
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Aaron Chong
Replied
Hi Evelyn

For the 15% of the purchase price as well as the 3% stamp duty, you could use CPF for these 2 items.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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Johnny Goh Mui Huat
Replied
Dear Evelyn,

The breakdowns are as follow

Payable by CPF
1) 15% downpayment (based on 80% loan)
2) Legal fees (approximately $3,000)
3) Stamp duty (3% - $5,400)
4) ABSD (5%)
Payable by cash only
1) COV
2) 5% downpayment (based on 80% loan)
3) Agent fees (1%)
4) Misc such as valuation report, CVY account (approx $1,000)

Hope that I had answered your questions.

Feel free to contact me if you need a salesperson to assist in you.

Thanks and Regards
Johnny Goh
R018297H
Team Associate Director
OrangeTee.com Pte Ltd
Mobile: 90906267 
Email: johnny.goh@orangetee.com Read More
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