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Hi,

Assuming its your 1st property purchase, typical breakdown for SC as follows:

Cash 5%
CPF 15%
Max Bank Loan 80%
Stamp duties and legal fees approx 3%

Hence, assuming you can attain the max bank loan of 1.52m, 200k cpf OA, balance 237k cash will be required.

However, if this is your 2nd property purchase, there is also ABSD to take note of, which will add to the cash amounts required above.

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

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
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SMU BBM (Finance), Magna Cum Laude

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Hi Mr Chong,

I am from the developer's Sales Team in ARTRA.

Assuming this is your first property and using an indicative price of $1.9mil:

5% cash - $95000
15% cash/cpf - $285000 (so you need to top up $85000)
Max Bank Loan 80%
Stamp duties and legal fees approx 3%
ABSD if this is not your 1st property

So total cash $180000+legal fees (approx $3000)+ stamp duty($51600)+ ABSD (if this is not your 1st propert)

I am on duty at the showflat and we have bankers on the spot to assist you in a more accurate calculation as the above is just an indicative. Do contact me ASAP as today is the last day of the showflat preview!

Cheers,
Rayne Chua
 92366794 
CEA Reg No. R058058B
Propnex Realty Pte Ltd
www.raynechua.com
www.facebook.com/propertysgrayne Read More

Hi,
Assuming its your 1st property purchase, typical breakdown for SC as follows:

Cash 5%
CPF 15%
Max Bank Loan 80%
Stamp duties and legal fees approx 3%

Private property transactions is my niche market and will be glad if you could furnish me with more information so that I can FULLY understand your requirements and specifications to be able to succinctly shortlist and come up with a customized list of units for you to view at no obligation!

I will walk you through the entire process, shouldering all the responsibilities- assisting you all the way from finding the perfect unit to negotiating for the best price to post deal paperwork. I will also provide you with the rental transaction caveats and rental report to further enhance your understanding of the market sentiments.

Visit my website to view all my recent accolades - esteemed awards and testimonials to gather more information on me: www.kumarrai.com

D Kumar
 +65 96659926 
ERA Associate Division Director
www.kumarrai.com
www.singapore-newproperties.com.
contactdkumarrai@gmail.com

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

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Hi Mr Chong,

The information you have given is insufficient to accurately assess how much you will need to top up in CASH.

To have a more accurate assessment, I will need to know your Citizenship/PR status, and if this is your first property.

If this is not your first property, and you still have an existing loan, apart from the ABSD you have to pay, you will also not be able to loan up to 80% as well.

Lastly, your loan will be based on your TDSR requirements as well. If you have an existing property under loan, this may result in a much lower loan amount granted.

Should you need any further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More

Hi Mr Chong, I would be most glad to assist you further and pls feel free to let me know if you need any banker's contact or any other assistance.

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

Good evening buyer,

Let me assume you are a Singaporean buying first residential property with max 80% bank loan.

5% cash - $95k
15% CPF/ cash -$285k
stamp duty - $51.6k
legal fees - $3k
bank loan - $1.52m (any shortfall will be in cash/ cpf)

Perhaps you can share with me more information so I will be able to provide you with an accurate assessment.

Propnex is the marketing agent for ARTRA. Hope I can get you the desired unit at the optimal price.

Hear from you soon!

- One of well-earned Star Performers under the category of Top Private Property Transactors in Jan 2017-

Warmest Regards,

YT TAN 陈永达 | ACCA Graduate, RES
Associate Group Director
R043025D
Propnex Realty Pte Ltd
Blk 480 Lorong 6 Toa Payoh, #11-95 HDB Hub East Wing, Singapore 310480

(M): +65 9111 5171 
(E): yt.tan91115171@gmail.com
(W):www.yttan.com
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