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I know that 20% downpayment, duty fees,lawyer fees, and agent fees has to be paid when buying a studio apartment.

But when is the full 20% downpayment has to be paid? Let say the property T.O.P is 2014, i have to pay 20% before 2014? or I have to pay 20% downpayment when i sign on the S&P agreement? please advise
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1 Answer

YT Tan (陈永达)
Replied
Morning Chong,

1%/ 5% to obtain the option to purchase, when you want to exercise the option during the option period. you have to pay the rest of the 20%. Normally whole procedure will take around 3 months.

FYI normally in Singapore, for private purchasers, they seldom pay agent's commission.

Do you need any assistance in your purchase?

Warmest Regards,
YT TAN
District Manager
R043025D
(M): 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W1): www.yttan.com
(W2): yttan.stproperty.com.sg/
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