AskGuru Q&A Community

Hi

If you like to text me at 9620 0827  , we will do a Proforma Financial Statement for your understanding.

BSD and ABSD can be paid through CPF under the existing policy.

Regards

Gavin Read More

Good afternoon buyers,

Max loan eligible for SPR will be 75% therefore the downpayment 25% will be 5% cash and 20% CPF or cash.

Stamp duties can be payable by CPF but law firm will advise buyers to pay by cash first because CPF board might not release funds quick enough to pay IRAS.

Other payments will be:

1) $120 valuation fee - cash
2) $80 resale submission application - cash
3) $2500 legal fees - cash or cpf
4) agent commission fee (1% of purchase plus GST) - cash

Hope my sharing aids in clearing your doubts.

Feel free to contact me if you need further assistance. 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:

Top Individual Producer July 2018 (Propnex)
Top Individual Producer 2nd Quarter 2018 (Propnex)
Top Individual Producer 1st Quarter 2018 (Propnex)
Top Individual Producer Propnex Annual Convention 2018 (Propnex)
Platinum achiever (Clock $100k commission within 1 month) August 2017(Propnex)
Top Individual Achiever August 2017(Powerful Negotiators Group)
Top Individual Producer 2nd Quarter 2017 (Propnex) Read More

Hi,

Congrats on fulfilling your 3-year period for PR, you are now eligible to purchase HDB resale flat!

The maximum loan you can get would be 75%, which means you will need to at least 25% as downpayment, out of which 5% to be in CASH. The balance 20% can be from CPF.

As you're both PR, you will be liable for a 5% ABSD. This is on top of the normal BSD that you will need to pay as well. Both BSD and ABSD are payable from CPF.

Other cost includes legal conveyancing fee, agent's commission, and misc fees like valuation and submission.

Should you need any further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More