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Hi,

For purchase of resale HDB for PRs, typical breakdown as follows:
Cash 5%
CPF 15%
Max bank loan 80%
Stamp duties & legal fees 8%
Agent fees 1%+GST
Misc admin fees 300

Thanks, it will be advisable to engage a professional agent to assist with your purchase plans. He/she will be able to understand your requirements, negotiate a good price for you, plan for the exact financial plan, and your timelines and ensure hassle free paperwork & viewings. This will reduce the anxiety levels and you can focus on getting your ideal unit. Thanks, perhaps I can meet up with you to share more?

Warm regards
Ivan ERA
 97432395 
Ivanng10@gmail.com
Website: http://www.ivanng10.com/#!reviews/c11r1
(Client's Testimonials) Read More

Afternoon,

For purchase of HDB unit, you will be required to prepare the following:

1) ABSD: 5%
2) Down Payment: 20% (5% must be cash and 15% can be paid using CPF)
3) Legal Fee: Around $2800 to $3500
4) Stamp Fee: 3%
5) Agent commission: 1%
6) Misc Fee: $500

Do contact me again should you require further assistance.

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

Good day.
For your purchase of HDB unit, you will need to prepare:

1) ABSD: 5%
2) Down Payment: 20% (5% must be cash and 15% can be paid using CPF)
3) Legal Fee: Around $2500
4) Stamp Fee: 3%
5) Agent commission: 1%
6) Misc Fee: Ard $500
You should get an experienced agent to assist you in the entire process to ensure a smooth transaction. I would love to assist in helping you to get your home.
Feel free to reach me at 91442664  , look forward to hear from you.
Tricia Tan 91442664  Read More

Hi,

The initial cash outlay:
20% Cash (5% Cash, 15% CPF)
BSD 3%, ABSD 5%
Legal Misc Fees Approx $3k
Admin Fees (Valuation Report etc)
Agent fees 1%

Perhaps we could speak further to discuss more comprehensively the crux of your requirements and preferences. Following our discussion, I will be in a better position to conduct an accurate financial projection and breakdown of cash flow for your purchase to narrow down /timeline of purchase & explore the possible options accordingly at no obligation.

In this new experience with weak market sentiments, it may very well be apt to have yourself walked by step by step in this process to ensure you are not shortchanged in view of your unfamiliarity. This is a buyer's market of weak market sentiments. The question always lies in HOW to leverage on it to get the best possible deal. Having to be represented, you know you are in safe hands as we as agents have the full live transaction data and valuation indicative to press for your price and even lower. You may end up saving more money on hindsight.

I will guide you through the entire purchase- from shortlisting, to negotiation, to establishing loan matters and working out finances (cash/cpf/progressive payment), paperwork, sorting legal matters, providing you with recent up to date transaction caveats for benchmark pricing as well as furnish you with a customized sales report & indicative valuations.

D Kumar
 +65 96659926 
ERA Associate Division Director
www.kumarrai.com ( Recent Awards and Testimonials)

#1 team of ERA in Singapore, Asia Pacific International for 2014.

ERA 2015 Q1 Top Achievers (Top1% of ERA)
ERA Top Achievers 2013/14
ERA Multi-Million Dollar Club Award
2014 ERA Asia-Pacific Business Conference Elite Award

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