Asked by Anonymous
How much down payment is required when buying a home?
298 views
4 Answers
Hello,
How much down payment is required when buying a home?
Is HDB downpayment 10 or 15?
How much CPF can I use for a downpayment?
What is the minimum downpayment for HDB?
How much is a downpayment on BTO?
In Singapore, the down payment required when buying a home can vary depending on a number of factors, including the type of property and the bank or financial institution providing the home loan. Here are some general guidelines for the down payment requirements:
• Private Properties: For private residential properties, the minimum down payment is 25% of the property value. This means that if the property value is $1 million, the minimum down payment would be $250,000. However, it's important to note that some banks or financial institutions may require a higher down payment, depending on the borrower's creditworthiness and the loan-to-value (LTV) ratio.
• HDB Flats: For HDB flats, the down payment required depends on the type of HDB loan being used. For a HDB Concessionary Loan, the down payment is 10% of the property value. For a bank loan, the down payment is also 25% of the property value.
• Executive Condominiums (ECs): For ECs, the down payment is 5% of the property value in the first stage, and an additional 15% in the second stage. This means that if the property value is $1 million, the first down payment would be $50,000, and the second down payment would be $150,000.
It's important to note that the down payment required may be higher for properties with a shorter remaining lease or properties that are not in good condition. Additionally, buyers may also need to pay for other fees and charges, such as stamp duty, legal fees, and valuation fees. It's always best to consult with a mortgage specialist or home loan expert for personalized advice.
==============================
Copy, and paste this link into your browser
https://wa.me/c/6583004411
https://www.youtube.com/@AskRealtorMani/videos
Check the above links, not only you will get the answer,
but also other relevant questions that people already asked.
==================================================
People also asked similar questions, to get detailed and specific answers via live chat now
#AskRealtorMani @AskRealtorMani +65 8300 4411
WhatsApp:
https://wa.me/6583004411
Check my profile https://linktr.ee/AskRealtorMani (New)
(Get the updated list of lowest-priced properties)
Watch more than 500+ Videos, Practical Property Tips
https://www.youtube.com/AskRealtorMani?sub_confirmation=1
Read more practical property tips
https://askrealtor.sg/blog/
How much is my home worth?
https://www.srx.com.sg/mysg-home?inviteId=852922
Watch my latest videos, Get more practical property tips, and Join me on TikTok Now https://now.tiktok.com/@askrealtormani/invite?_t=8XjJ2yJiKtF
Read more latest property tips at my blog site https://askrealtormani.blogspot.com/
Quora https://www.quora.com/profile/Mani-Subramanian-Veeramani-1
Latest infographics on Pinterest https://www.pinterest.com/AskRealtorMani/
Check my profile https://linktr.ee/AskRealtorMani (New)
Get 1000+ Practical tips for property buying, selling, and investing
>>> https://wa.me/c/6583004411
Get all these at no cost to you and more...
Below Market Value Properties Deals - ALERT
Auction and Private Treaty, Fire Sale - LIST
Indicative Home Valuation - REPORT
Latest Property News, Trends, Market Outlook - REPORT
Financing and Marketing Analysis Reports - PROPOSAL
Legal and Tax Planning - RESOURCES
Compare Freehold Vs Leasehold properties - CHART
Compare New launch Vs Resale properties - CHART
Loan, Tax, CPF, Property financing - CALCULATORS
Rental yield, capital gain, EnBloc potential - CALCULATORS
For the buyer, get value buy property - LIST
For the seller, let my ready buyer view your property - VIEW
For the investor, get the list of below market value properties - D Read More
How much down payment is required when buying a home?
Is HDB downpayment 10 or 15?
How much CPF can I use for a downpayment?
What is the minimum downpayment for HDB?
How much is a downpayment on BTO?
In Singapore, the down payment required when buying a home can vary depending on a number of factors, including the type of property and the bank or financial institution providing the home loan. Here are some general guidelines for the down payment requirements:
• Private Properties: For private residential properties, the minimum down payment is 25% of the property value. This means that if the property value is $1 million, the minimum down payment would be $250,000. However, it's important to note that some banks or financial institutions may require a higher down payment, depending on the borrower's creditworthiness and the loan-to-value (LTV) ratio.
• HDB Flats: For HDB flats, the down payment required depends on the type of HDB loan being used. For a HDB Concessionary Loan, the down payment is 10% of the property value. For a bank loan, the down payment is also 25% of the property value.
• Executive Condominiums (ECs): For ECs, the down payment is 5% of the property value in the first stage, and an additional 15% in the second stage. This means that if the property value is $1 million, the first down payment would be $50,000, and the second down payment would be $150,000.
It's important to note that the down payment required may be higher for properties with a shorter remaining lease or properties that are not in good condition. Additionally, buyers may also need to pay for other fees and charges, such as stamp duty, legal fees, and valuation fees. It's always best to consult with a mortgage specialist or home loan expert for personalized advice.
==============================
Copy, and paste this link into your browser
https://wa.me/c/6583004411
https://www.youtube.com/@AskRealtorMani/videos
Check the above links, not only you will get the answer,
but also other relevant questions that people already asked.
==================================================
People also asked similar questions, to get detailed and specific answers via live chat now
#AskRealtorMani @AskRealtorMani +65 8300 4411
WhatsApp:
https://wa.me/6583004411
Check my profile https://linktr.ee/AskRealtorMani (New)
(Get the updated list of lowest-priced properties)
Watch more than 500+ Videos, Practical Property Tips
https://www.youtube.com/AskRealtorMani?sub_confirmation=1
Read more practical property tips
https://askrealtor.sg/blog/
How much is my home worth?
https://www.srx.com.sg/mysg-home?inviteId=852922
Watch my latest videos, Get more practical property tips, and Join me on TikTok Now https://now.tiktok.com/@askrealtormani/invite?_t=8XjJ2yJiKtF
Read more latest property tips at my blog site https://askrealtormani.blogspot.com/
Quora https://www.quora.com/profile/Mani-Subramanian-Veeramani-1
Latest infographics on Pinterest https://www.pinterest.com/AskRealtorMani/
Check my profile https://linktr.ee/AskRealtorMani (New)
Get 1000+ Practical tips for property buying, selling, and investing
>>> https://wa.me/c/6583004411
Get all these at no cost to you and more...
Below Market Value Properties Deals - ALERT
Auction and Private Treaty, Fire Sale - LIST
Indicative Home Valuation - REPORT
Latest Property News, Trends, Market Outlook - REPORT
Financing and Marketing Analysis Reports - PROPOSAL
Legal and Tax Planning - RESOURCES
Compare Freehold Vs Leasehold properties - CHART
Compare New launch Vs Resale properties - CHART
Loan, Tax, CPF, Property financing - CALCULATORS
Rental yield, capital gain, EnBloc potential - CALCULATORS
For the buyer, get value buy property - LIST
For the seller, let my ready buyer view your property - VIEW
For the investor, get the list of below market value properties - D Read More
1
WhatsApp me at: ABLE Toh (65) 9856-9255
or through this link.:https://wa.me/6598569255
----------------------------888--------------------------------888--------------------------->>>
(1) "If you need more assistance with property matters:
like renting / selling, buying / or investing, I'm here to help!
WhatsApp me at: ABLE Toh (65) 9856*9255 or through this link.:https://wa.me/6598569255
(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )
(2) (***) ✅✅ You can READ my REVIEWS here:
✅✅ https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.
(3) ✅✅ For PRIVATE Home Buyers, I offer solutions for sourcing resale and new PRIVATE homes at ✅✅ ZERO charge (Because Most PRIVATE seller Agent are willing to share commission with Buyer Agent)
*** You can reach me at my Singapore mobile: (65) 9856 9255 or email me at Able.selling@gmail.com.
From: ABLE Toh- Your Property ASSISTANT : ）
“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”
=========
(4A)✅✅ For the Below Condominium that may Achieve TOP ( Temporary Occupation Permit / Relatively New Condominium which may faced Difficulties/ Challenges to rent / sell at your Expected Pricing as facing too many neighbour’s units competing to Sell / Rent Out ,...
(4B)✅ ✅ ✅ I am okays NOT TO be the Sole Exclusive Agent , but the “ Open Listing “, additional pair of hands to help you bring the matching buyer / tenant . “ May the Hardworking + Lucky agent close the Deal !!, ( Whether it’s me or another agent ,✅✅✅ I will still be HAPPY FOR THE OWNER !! ✅✅My advantage is : I myself , have a Small Team of Agents who will work together with me to cast a wider Marketing Nets to Reach Your Goal !!!
Below is a list for reference >> see if YOUR CONDOMINIUM IS BEING MENTIONED:
(4C)✅ ✅ ✅
(1) Affinity At Serangoon, (2) Canninghill Square, (3) Dairy Farm Residences
(4) Forett at Bukit Timah, (5) KI Residences At Brookvale, (6) Kent Ridge Hill Residences
(7) Leedon Green, (8) Lavender Residence, (9) Meyer Mansion
(10) MeyerHouse, (11) Midwood, (12) M Suites
(13) NoMa, (14) One-North Eden, (15) One Pearl Bank
(16) Phoenix Residences, (17) Riviere, (18) Riverfront Residences
(19) Tedge, (20) The Atelier, (21) The Iveria
(22) Verticus, (23) Zyanya, (24) Mayfair Gardens
(5A) ✅ ✅ >> FOR NEW CONDOMINIUM IN
✅ ✅ YEAR 2025 / APARTMENT PROJECTS In Singapore
(5B) ✅ ✅ the LIST :
(1) Arina East Residences, (2) Aurea, (3) Aurelle of Tampines (EC)
(4) Bagnall Haus (former Bagnall Court), (5) Bukit Timah and Duke's Road, (6) ELTA
(7) Former Anson Centre, (8) Former Robertson Walk, (9) Keppel Bay Plot 6
(10) Lentor Central Residences, (11) Marina Gardens Lane, (12) Media Circle GLS
(13) Newport Residences, (14) Orchard Boulevard GLS, (15) Parktown Residence
(16) Plantation Close (EC) (2), (17) The Orie, (18) W Residences Singapore- Marina View
***(5C) ✅ ✅ ✅ DEVELOPER SALES TEAM!!! BEST PRICES !!! ✅ ✅ NO AGENT FEES !! ✅ ✅ LOWEST PRICE GUARANTEED!!!
*** Connect Singapore Line: (65) 9856*9255
FOR : UPDATED INFO / E- BROCHURE / FLOOR PLAN / PRICE LIST!!!
QUOTE OF THE DAY " In negotiations, the most important thing is not to win or lose, but to find a solution that is mutually beneficial." Read More
----------------------------888--------------------------------888--------------------------->>>
(1) "If you need more assistance with property matters:
like renting / selling, buying / or investing, I'm here to help!
WhatsApp me at: ABLE Toh (65) 9856*9255 or through this link.:https://wa.me/6598569255
(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )
(2) (***) ✅✅ You can READ my REVIEWS here:
✅✅ https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.
(3) ✅✅ For PRIVATE Home Buyers, I offer solutions for sourcing resale and new PRIVATE homes at ✅✅ ZERO charge (Because Most PRIVATE seller Agent are willing to share commission with Buyer Agent)
*** You can reach me at my Singapore mobile: (65) 9856 9255 or email me at Able.selling@gmail.com.
From: ABLE Toh- Your Property ASSISTANT : ）
“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”
=========
(4A)✅✅ For the Below Condominium that may Achieve TOP ( Temporary Occupation Permit / Relatively New Condominium which may faced Difficulties/ Challenges to rent / sell at your Expected Pricing as facing too many neighbour’s units competing to Sell / Rent Out ,...
(4B)✅ ✅ ✅ I am okays NOT TO be the Sole Exclusive Agent , but the “ Open Listing “, additional pair of hands to help you bring the matching buyer / tenant . “ May the Hardworking + Lucky agent close the Deal !!, ( Whether it’s me or another agent ,✅✅✅ I will still be HAPPY FOR THE OWNER !! ✅✅My advantage is : I myself , have a Small Team of Agents who will work together with me to cast a wider Marketing Nets to Reach Your Goal !!!
Below is a list for reference >> see if YOUR CONDOMINIUM IS BEING MENTIONED:
(4C)✅ ✅ ✅
(1) Affinity At Serangoon, (2) Canninghill Square, (3) Dairy Farm Residences
(4) Forett at Bukit Timah, (5) KI Residences At Brookvale, (6) Kent Ridge Hill Residences
(7) Leedon Green, (8) Lavender Residence, (9) Meyer Mansion
(10) MeyerHouse, (11) Midwood, (12) M Suites
(13) NoMa, (14) One-North Eden, (15) One Pearl Bank
(16) Phoenix Residences, (17) Riviere, (18) Riverfront Residences
(19) Tedge, (20) The Atelier, (21) The Iveria
(22) Verticus, (23) Zyanya, (24) Mayfair Gardens
(5A) ✅ ✅ >> FOR NEW CONDOMINIUM IN
✅ ✅ YEAR 2025 / APARTMENT PROJECTS In Singapore
(5B) ✅ ✅ the LIST :
(1) Arina East Residences, (2) Aurea, (3) Aurelle of Tampines (EC)
(4) Bagnall Haus (former Bagnall Court), (5) Bukit Timah and Duke's Road, (6) ELTA
(7) Former Anson Centre, (8) Former Robertson Walk, (9) Keppel Bay Plot 6
(10) Lentor Central Residences, (11) Marina Gardens Lane, (12) Media Circle GLS
(13) Newport Residences, (14) Orchard Boulevard GLS, (15) Parktown Residence
(16) Plantation Close (EC) (2), (17) The Orie, (18) W Residences Singapore- Marina View
***(5C) ✅ ✅ ✅ DEVELOPER SALES TEAM!!! BEST PRICES !!! ✅ ✅ NO AGENT FEES !! ✅ ✅ LOWEST PRICE GUARANTEED!!!
*** Connect Singapore Line: (65) 9856*9255
FOR : UPDATED INFO / E- BROCHURE / FLOOR PLAN / PRICE LIST!!!
QUOTE OF THE DAY " In negotiations, the most important thing is not to win or lose, but to find a solution that is mutually beneficial." Read More
Are you aware of the latest interest rates for home loans in Singapore? Is it time to look into refinancing your home loan? Let us know how we can assist you further.
Read More