Hi Geoffrey,
As a general guide, you will require up to $5000 cash for the deposit ($1000 option fee + $4000 option exercise fee) when making a purchase. Though in some cases, the amount may be lesser if both sellers and buyers mutually agree.
And following that, how much cash you require will be based on the amount of loan that you can get and how much you have in your CPF OA account.
Please do not hesitate to contact me for more details.
Cheers,
Vera Wang
8777 7907
wangvera88@gmail.com
PropNex Realty Pte Ltd
Read More