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Morning,

Since you are not an existing owner of any residential property, you are eligible to purchase private property of your choice. You are also eligible to utilize your CPF both down payment and monthly installment. As for how much cash upfront would depend on how much loan you can obtain from bank, how much CPF you have in hand and the actual purchase price.

Do contact me for further discussion.

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

Hi,

Since that HDB is not under your name, this will be considered your 1st property purchase. Breakdown as follows:
Cash 5%
CPF 15%
Bank loan 80%
Stamp duties and legal fees 3%

Will be glad to illustrate further over email, may I know which project are you considering? Thanks.

Warm regards,
Ivan ERA
 97432395 
Ivanng10@gmail.com
Www.ivanng10.com Read More

Hi there!

Just a brief financial overview of your purchase-

Based on 80% loan of purchase price, 20% cash payable of which:
15% CPF
5% Cash

You would be liable for :
-Buyer Stamp Duty 3% (since first property)

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Look forward to hearing from you!

D Kumar
 +65 96659926 
ERA Associate Division Director
www.kumarrai.com
www.singapore-newproperties.com.
contactdkumarrai@gmail.com

About Me-

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Good afternoon buyer,

you are eligible to purchase a private property solely under your name.

Initial outlay will depends on your residency status (Singaporean, SPR or foreigner - additional buyer's stamp duty might be applicable). You are able to utilise your CPF OA funds for CPF downpayment and monthly mortgage repayments.

If you are a SC and you are able to obtain a 80% bank loan, your initial outlay will be 23% of the purchase price:

1) 5% cash downpayment
2) 15% CPF or cash downpayment
3) estimated 3% buyer's stamp duty
4) legal fees, valuation fees, stamp duty for mortgage etc

Hope my explanation helps!

If you need any assistance or advice on your property purchase, feel free to contact me.

Hear from you soon!

YT Tan
 9111 5171 
yt.lovelyhomes@gmail.com
www.yttan.com Read More