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Mike Lim
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Morning Skoobi,

1) For 80% loan, you will need 20% downpayment (5% Cash + 15% Cash / CPF / Combination of both).
2) You need to pay the stamp fee of $9600, which will be reimbursed back with CPF monies. Don't forget the conveyancing account charges and developer fee, if it's still in construction.
3) As for your monthly installment, you can use the amount contributed into your OA. If it's insufficient, you will then be required to top up with cash.
4) Other monthly expense would be the maintainence fee. As for renovation loan, installments on furnitures and appliances, it's totally dependent on your financial liquidity.
5) For private condo property, you can purchase the unit, even with total strangers.

FYI
Mike Lim
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