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Hi,I and my wife are SPR,we have total cpf 65k in OD acct,and 20k cash,can I know enough to buy resale 3room flat in yishun area. Can any guru help for n Finance planning,what kind of fee I need to pay,how much cash I need to top up
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YT Tan (陈永达)
Good evening Eric, In order for SPRs to be eligible for resale HDB purchase, both must fulfill SPR status for 3 year respectively. Have you guys? If yes, in order to pay 20% downpayment (5% cash and 15% CPF/ cash if shortfall) with estimated 3% buyer's stamp duty and additional buyer's stamp duty of 5% as a SPR, your budget will be $305k. You will still be able to afford a resale 3RM flat in Yishun. Other cash outlay will be $80 resale submission, $210 valuation report, $3k legal fees, stamp duty for mortgage $500 and agent's commission (1% of purchase price plus 7% GST). I have just recently assisted a buyer to purchase a 5RM in Yishun. If you need any assistance with your property purchase, feel free to contact me. Cheers! Warmest Regards, YT TAN 陈永达 | ACCA Graduate, RES Senior District Manager R043025D ECG Property Pte Ltd (A Wholly Owned Subsidiary of ECG Group of Companies) Estate Agent no. L3009759F Blk 190 Lorong 6 Toa Payoh #05-508 S (310190) (M): +65 9111 5171  (E): yt.lovelyhomes@gmail.com (W): www.yttan.com (W): yttan.stproperty.com.sg/ (W) www.lovelyhomes.com.sg (W) www.ecgproperty.com Read More
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