Good morning Tein Wai,
Bear in mind that both of you have to SPR for at least 3 years to be eligible to purchase a resale HDB in Singapore.
As both of you are eligible for max 80% bank loan, your 20% downpayment will be as such:
1) 5% cash
2) 15% cash or CPF
followed by:
3) stamp duties (estimated 8% inclusive of 5% as SPR)
4) misc fees like valuation fee, legal fees, resale submission fee and agent's commission.
I just assisted my client to secure a 4rm around $400k plus in the west.
Feel free to contact me if you need any further assistance in your property needs. Cheers!
"Your Freehold Ally, Leasehold Tactician"
YT TAN 陈永达 | ACCA Graduate, RES
R043025D
Propnex Realty Pte Ltd
(M):
+65 9111 5171 (E): yt.tan91115171@gmail.com
(W):www.yttan.com
(FB): www.facebook.com/yttanassetprogessor
Accolades:
Platinum achiever (Clock $100k commission within 1 month) August 2017(Propnex)
Top Individual Achiever August 2017(Powerful Negotiators Group)
Top Private Property Transactors January 2017 (Propnex)
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