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I bought my condo in the bedok reservoir area in 2008. I plan to sell it and rent an apartment for a while. I like to find out what are the various charges to consider so that I can roughly gauge the profit. My home was bought at about 765k. Owe bank about 400k currently. Stayed here since August 2008. Assuming the fetching price, which I checked others, is 1.2mil. What's the estimated cash return I will be getting?
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3 Answers

Evening Raymond, Assuming that you did not utilize CPF for the purchase, you need to prepare $2500 to $3500 for legal fee (depending on which legal agency you are using). You estimated profit for sales would be around $760k. Do feel free to contact me for further discussion. Regards Mike Lim 96929209  m52i@yahoo.com ERA Read More
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OHMYHOME PTE LTD
Hi there, the formula to use is:
Sales price - outstanding loan - all owners' CPF principal used and accrued interest

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Let me know if you want to find out more! Read More
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Hi, hopefully you managed to sell your unit at a good price then. If, so then congrats! Hopefully you are doing well now.

If you are currently or planning to find a property agent, I can assist.

If you are interested in prices of houses in your neighbourhood, you may visit this website to find out more or contact me .

https://www.era.com.sg/R064892F

If you are currently planning to go on a property journey selling/buying/renting/investing, I can be of assistance. Do feel free to reach out to me for more queries and assistance.

Landon Chew
97 39 60 40
landonchew@email.com Read More
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