AskGuru Q&A Community

Good afternoon buyer,

Since you have a valid IPA, you need to fork out 20% downpayment.

Initial outlay of purchasing a HDB:

1) 5% cash downpayment
2) 15% CPF OA/ cash downpayment
3) estimated 3% buyer's stamp duty
4) legal fees
5) misc fees like valuation fee, resale HDB submission fee, stamp duty for mortgage etc.
6) agent commission is 1% of purchase price plus 7% GST

Hope my explanation helps!

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

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES

(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com Read More

Hi,

You will be liable for cash payment :
15% CPF
5% Cash

3% BSD
Legal fees, misc fees (valuation etc)
Agent fees 1% plus GST

Please feel free to contact me at 96659926  for a non obligatory discussion for me to better understand your requirements and specifications to be in a better position to advise you further in the most detailed and thorough manner.

Rest assured, I will walk you through the entire process- assisting you all the way from finding the perfect property to negotiating for the best price to post deal paperwork, to establishing financial calculations and ascertaining risks.

Visit my website to view my testimonials & recent awards 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

About Me-

ERA Top Achievers 2013/14
ERA Multi-Million Dollar Club Award
2014 ERA Asia-Pacific Business Conference Elite Award

P Group-
2014 Overall Top Achievers
2014 December ERA Top Achievers
2014 3rd Quarter ERA Top Achievers
2014 August ERA Top Achievers
2014 September ERA Top Achievers Read More

Hi,

It will be
5% cash
15% cpf
3% stamp duties and conveyancing, and hdb admin fees
1%+GST agent fees

Thanks and hope to have the opportunity to work with you. May I understand your housing plans further?

Warm regards,
Ivan ERA
 97432395 
Ivanng10@gmail.com
Www.ivanng10.com Read More

Afternoon,

With 80% loan, 5% down payment must be made in cash and 15% of it can be pay using CPF. If you are SPR, you will need to prepare 5% more cash for ABSD. Legal fee ranges from $2400 to $3500. Other miscellaneous fee will sum to around $500, excluding agent's commission.

Do contact me for detail discussion.

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