AskGuru Q&A Community

Hi Dante,

If you are taking a bank loan, the bank wills usually subsidise your lawyer/legal fees.
Regards to agent fee for buying, the standard market rate is 1%. However, I am afraid that $20k might not be sufficient for COV in today market.

Hope that I had answered your question.

Feel free to contact me if you need my assistance.

Thanks and Regards
Johnny Goh
R018297H
Dennis Wee Realty Pte Ltd
Group Director
Mobile: 90906267 
Email: johnnygohmh@dwg.com.sg
Website: johnnygohproperty.com Read More

Hi Dante,

If you are taking a bank loan, the lawyer fee is usually subsidized up to max $3000, subject to the loan quantum you are taking from bank. Usually $3k is enough to cover the lawyer fee.

Agent fee for HDB flat buyer is 1%. You need to pay cash for this 1% agent fee.

Which area are you looking at? If you are able to compromise on the level, facing and condition of flat, then $20k may be just enough to secure your flat.

Pls call me at 96836230  should you have further query.

Thanks,
Ander ERA Read More