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Hi David,

Typical breakdown as follows for SPR-SPR purchase:
Cash 5%
Cpf 15%
Max bank loan 80%
Stamp duties, legal and hdb admin approx 8%
Agent commission 1%+GST

Do note both of you must hold SPR status each for 3 years. Whether stamp duties can be payable by CPF depends on whether you have sufficient monies in your OA.

May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

Email: Ivanng10@gmail.com
Contact: (+65) 97432395 
Facebook Page: www.facebook.com/ASAProp
Website: http://www.ivanng10.com/clientreviews
(Client's Testimonials)

-- HDB BTO 4rm Sellers Mr. Farvin & Ms. Sel --

Ivan was the first agent that we met up with and right from the offset we had good vibes as he has a friendly personal approach, detailed working style and focuses on building the long-term relationship.

Our unit comes with its challenges but Ivan remained positive and had no qualms committing to our plans right from the start. It took only 6 weeks of aggressive marketing for him to secure a good offer which was a pleasant surprise in the end.

Ivan was always responsive and we had no worries to pass him the house keys. The whole process was transparent and hassle free, and he was always thinking from our point of view on how to make life easier for the client. He is a committed professional and has fast execution, so we felt assured that things are done well and we can entrust the sale process entirely to him.

--- HDB Flat Upgraders Mr. & Mrs. Lee ---

We decided to engage Ivan as our agent as we were impressed with how he answered the enquiries on property guru website.

He has helped us to find our ideal unit and also sold our current unit. He was very patient and never pushy when we were looking for our ideal unit. He would tell us that it is always important to find a unit that we really liked.

When it comes to selling of our unit, he was always prompt in arranging for viewings and he also tried his best to arrange and consolidate the viewings due to our time constraints. He is a reliable and prompt agent and is always willing to clarify any concerns and questions that we have.

Thanks Ivan! :) Read More

Hi David,
The price of a 4 room flat will depends on the size, the layout, the area ...etc. It really depends on your requirements. To advice you more accurately, kindly drop me an email for me to share more.

To assist and advise you more in details, kindly drop me an email for me to share.

I am contactable at my mobile or email.

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

Good morning David,

As SPR buyers, you will be liable for 5% ABSD payable by cash. However, you can settle the BSD with your CPF fund. For the mortgage loan, you can loan up to max of 80% where 5% down payment have to be made in cash while balance 15% can be made using CPF. Hence how much cash you need will depend on how much loan you can get, the location of the unit that you are looking at, the buying price and loan period.

Do feel free to contact me should you require additional assistance.

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

Hi David

Have served numerous SPR/SPR in buying a HDB resale flat.

We can explain to you the transactional process, financial calculation, timeline and matters relating to SPR transaction.

You may call 9620 0827  or write to gavin.ng@orangetee.com.

Regards

Gavin Read More