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Good morning Sir/ Mdm,

The initial downpayment will depend on whats the max loan you can obtain from bank.

If you can obtain max 75% bank loan,

the initial outlay will be as such:

- 5% cash downpayment/ option deposit
- 20% cash or cpf downpayment
- estimated 3 to 4% buyer's stamp duty (cash first)
- 5% additional buyer's stamp duty as SPR (cash first)
- estimated $3000 legal fees and mortgage stamp duty (cash or cpf)
- valuation fee (cash) etc
- commission if applicable

Hope my sharing helps in aiding in your enquiry. May I know how can I value add further in your property needs?

Have you apply for loan yet?

Best regards,

YT Tan
Property Kaki
You dream. I create. We make it happen!
Association of Chartered Certified Accountants Graduate
Singapore Accredited Mortgage Planner

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Hi,

I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead. By the way, it would depend on your budget and loan eligibility too.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Hi

You may text 9620 0827  for a casual chat.

Warmest regards

Gavin Read More

Hi,

Assuming 75% max loan not an issue, $1mil purchase price,

5% cash 50k
20% CPF OA 200k
75% max loan 750k
3% approx for stamp duties & legal fees approx 30k (cash first, can reimburse from CPF OA if sufficient)

Hope the above clarifies. May I have more info and requirements about your plans so as to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,

Ivan Ng Realtor
ERA Senior Marketing Director
ERA Diamond Achiever

SEAA Salesperson Achievement Award 2021 (Gold)
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Hi, how can I help you ?
Looking forward to assist you anytime.
Welcome any questions.
Cheers
Stewart-PropNex
 9696 4398  Read More

Hi Sir/Madam

1. Do you intend to take loan for your purchase?
If yes, Before shortlisting project/unit, I will suggest to check your in principal approval of your loan from banker.
I can connect you with reputable banker for this, free of charge and no obligation.

2. For PR 1st Property, Based on $1 mill, and assuming loan is 75%
5% Cash = $50,000
20% Cash/CPF = $200,000
BSD (Cash/CPF) = $24,600
ABSD (Cash/CPF) = $50,000
Legal fee = $2,500 (estimated)
Please contact me at (65) 96608508  and I can share the breakdown for this calculation including timeline.

3. How many bedrooms are you looking at and which area you prefer?
I have current price list, promo of every projects in Singapore and will be glad to advise you

I will be glad to assist, no agent fee from EC/ private property buyer
Appreciate if you can contact me at (65) 96608508 
or click here https://bit.ly/WaSilvia to whatsapp me for no obligation discussion
Thank you.

Warmest regards,

Silvia Yang

Senior Marketing Director
ERA Realty Network Pte Ltd
Mobile: (65) 9660 8508 
Email: Silviayang8@gmail.com Read More

Dear sir/mdm,

All property purchases in Singapore under bank loan arrangement will require minimum of 5% of the purchase price in cash, with remaining 20% either through CPF or cash combination to make up the 25% downpayment if purchase is eligible to take up 75% home loan. Do take note that there will also be ABSD and BSD applicable for SPR purchasers, which can be paid in cash or CPF. Legal fees will also be applicable and can be paid in cash.

Are the above information sufficient to assist you in your plan for purchasing a property? Speak to us if you require any further assistance.

I have been in the real estate business since 2009, with more than 13 years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.

We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!

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Geryl Lim
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Hi Sir/Mdm,

You will have to set aside the following when buying a resale EC:

1. 5% Cash
2. 20 % CPF (of cash if CPF is insufficient)
3. Stamp Duty - about 8% including the 5% ABSD
4. Legal Fees of about 2.3k

You will be able to secure the loan of up to 75% of the valuation. Please feel free to contact me so that I can give you an overview of the purchase process and share with you what are the important issues to take note of when buying a unit.

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
SEAA Salespersons Achievement Platinum Award 2020
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Hi
For a Singapore PR, the breakdown is generally as follows:
minimum 5% of purchase price in Cash
minimum 20% of purchase price in CPF or Cash
maximum 75% of purchase price can be covered using loan.

Stamp duty typically can be paid using CPF if you have sufficient savings. However you needs to pay it to IRAS in Cash first and then apply for usage of CPF. If CPF board approve, CPF will refund you back the stamp duty amount in cash.
Stamp Duty:
1st $180K -1% of purchase price
Next $180k - 2% of purchase price
Next $640k - 3% of purchase price
The rest- 4% of purchase price
Additional Buyer stamp duty for PR (1st property) - 5%

Legal Fee - Around $2.5k typically can paid using CPF

My service for purchasing private property is 100% free. Do contact me at 93375051  for a free and non obligatory discussion on this.

Regards
Taufik Hussein
Marketing Director
ERA Realty Network Pte Ltd
CEA Reg No: R061607B
Contact No: 93375051  Read More