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Hi,

assume you can get 150K hdb loan, and the price is 300K, the difference will have to be offset by a combination of Cash + CPF.

If your price agreed is 300K, valuation at 280K, the 20K difference is your Cash over Valuation you have to come up with.

Breakdown as follows, for example:
price 300K
valuation 280K

COV 20K
hdb loan 150K
CPF + cash 130K
stamp duties approx 9K

Thanks and hope it clarifies. May I assist you further?

Warm regards,
Ivan ERA
 97432395 
ivanng10@gmail.com Read More

Good evening buyer,

Since your HLE is max $150k, you need to top up the rest with CPF OA funds/ cash.

So how much CPF OA funds do you have on hand?

You need to set aside about 3% of purchase price for legal fees, buyer's stamp duty, valuation fee, resale submission fee etc.

You still need around $159k in cash and CPF OA funds.

Do get in touch with me so I can further advise you on your HDB purchase.

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
District Director
R043025D
ECG Property Pte Ltd
(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W): www.yttan.com Read More

Evening,

If you are buying HDB resale unit under single scheme, you will be eligible for $15k grant. And if you managed to obtain $150k grant, the amount of cash required will be dependent on how much CPF OA you have. Basically, for SC buyer with sufficient CPF, you should need lesser than $10k cash, provided the transacted price is not higher than the valuation price.

Do feel free to contact me for further discussion.

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

Hi, do you like to know the cost break down of the purchase ?

I am reachable at my mobile or email.

CK Ang
 9046 3808 
res.ckang@gmail.com Read More