AskGuru Q&A Community

Hi,

Are you looking for new EC or resale EC?

For purchase of new EC, breakdown as follows:
5% cash
15% cpf
80% bank loan
approx 3% stamp duties
legal fees 3K

Minimum cash amount is 5%, and the 20% downpayment + approx 3% stamp duties are payable within 8-9 weeks of booking of unit.

For purchase of resale EC, things are slightly different. Thanks and may I assist you further with your housing requirements?

Warm regards,
Ivan ERA
 97432395 
ivanng10@gmail.com
www.ivanng10.com Read More

Good evening,

Yes you must have sufficient downpayment to purchase a new EC/ resale EC. If you can obtain 80% bank loan, your downpayment will be 5% cash and 15% CPF OA funds/ cash. Other fees will be estimated 3% buyer's stamp duty, valuation fee, legal fees, stamp duty for mortgage etc.

Maybe you can share more information about your finances so I am in a better position to advise you.

Btw are you looking at resale EC or Lakelife EC?

Hope to hear from you soon!

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
District Director
ECG Property Pte Ltd
(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W): www.yttan.com Read More

Hi, 5% + 15% down payment is a must. My company is marketing a upcoming new EC at Jurong West. Please let me share with you the project.

I can be reachable at my mobile or email.

CK Ang
 9046 3808 
res.ckang@gmail.com Read More

Hi,

I may be able to assist you on that. I focus a lot in Jurong West area. And recntly assisted a couple with similar situation as yours.

Sms me at 94374639 

Best regards,
Jason Zhuo
CEA R051573Z
Propnex Read More