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Good afternoon. Let me help you and guide u through the whole buying process.
Feel free to reach me at 91442664  so we could discuss further.
Tricia Tan propnex Read More

Afternoon,

If your income and credit record is good, both of you should be able to obtain enough loan to facilitate the purchase of HDB. Fees incurred are as follow:
1) 5% ABSD: $21k
2) 20% down payment (5% cash and 15% CPF/Cash): $84k
3) BSD and Legal Fee: $10k
4) MIsc Charges: $4.8k

Do feel free to contact me for further discussion.

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

Good evening,

Have both of you fulfill the SPR status of 3 years respectively?

If not, you might not be able to purchase a resale flat under public scheme.

If yes, the figures will be as such:
1) 5% cash downpayment
2) 15% cpf downpayment (cash if shortfall)
3) estimated 3% buyer stamp duty
4) $500 stamp duty for mortgage
5) $80 resale submission
6) valuation report $210
7) $3000 legal fees
8) 1% of purchase price plus 7% gst as agent vommission
9) 5% additional buyer stamp duty

I can forward you the financial plan and flowchart for a typical resale hdb transaction too.

If you need any assistance in your property purchase, feel free to contact me. Cheers!

YT Tan
ECG Property
 9111 5171 
Yt.lovelyhomes@gmail.com Read More

Good afternoon,

In fact most of the expenses need to pay by cash:

1) 5% CASH downpayment

2) 15% cpf downpayment (CASH if shortfall)

3) estimated 3% buyer stamp duty - CASH first, if got excess CPF OA funds after 15% CPF downpayment then the cash amount will be reimbursed to the amount of CPF OA funds used

4) $500 stamp duty for mortgage - CASH (normally on exercise date)

5) $80 resale submission - CASH when you exercise OTP

6) valuation report $210 - CASH when you get the OTP

7) $3000 legal fees - CASH on completion date

8) 1% of purchase price plus 7% gst as agent commission - CASH on completion date

9) 5% additional buyer stamp duty - CASH only

How much cash and CPF OA funds both of you have on hand so I can advise you further with a financial plan.

Hope to hear from you soon!

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