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I’m interested in getting a subsale unit in either Kingsford Waterbay or High Park Residences. May I know what’s the payment timeline for a subsale unit?

For eg if I were to put 1% cheque on 1 September 2018. What’s the timeline for the remaining payments?

P.s I’m a first time singaporean buyer.
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12 Answers

Hi Sir

I have a fire sale unit for sale at High Park Residences
Ground FLoor Unit
883 sq ft
asking $980k...

Let me know if you keen.
Thanks.

Raymond Lim
CCN Realty Pte Ltd
 91388805  Read More
0
Hi,

For subsale unit, it works just like buying any private property.

The timeline is as follow:
1) Day 1: offer a 1% to exchange for an OTP
2) Valuation
3) Letter of Offer
4) Within 14 days fm (1): 4% exercise
5) Within 14 days fm (4): BSD
6) 8~12 weeks fm (4): Legal completion, 25% CPF/cash/loan kicks in. The loan amount shall dependent on which stage is the Building under construction in. But in general, TOP (25%) & CSC (15%) amount is not in yet.

Hope the above answer to your main concerns, but if there are more queries, please feel free to contact me at 90110636 , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com

Note:
Any response to our answer do not reach us until we scroll through each and every queries posted daily.
The best way to get a follow up is to whatsapp or email us directly. Read More
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Hi,

For subsale unit, it works just like buying any private property.

The timeline is as follow:
1) Day 1: offer a 1% to exchange for an OTP
2) Valuation
3) Letter of Offer
4) Within 14 days fm (1): 4% exercise
5) Within 14 days fm (4): BSD
6) 8~12 weeks fm (4): Legal completion, 25% CPF/cash/loan kicks in. The loan amount shall dependent on which stage is the Building under construction in. But in general, TOP (25%) & CSC (15%) amount is not in yet.

Hope the above answer to your main concerns, but if there are more queries, please feel free to contact me at 90110636 , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com

Note:
Any response to our answer do not reach us until we scroll through each and every queries posted daily.
The best way to get a follow up is to whatsapp or email us directly. Read More
0
Hi The timelines would be 4% after OTP, legal completion (Balance payment) 8-12 weeks from OTP date. Do contact me at 97970200  to discuss more as i have a list of units for you to select

Mark, your RIGHT choice
MCG Read More
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Hi, I have a subsale 2 bedroom unit at High Park Residences, facing the pool area at Blk 21. Pls feel free to let me know if you would like to have more info or any other assistance.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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Robbie Chen Chee Howe
Hi,

The timeline of a subsale transaction is considered like a private transaction. The terms of the OTP can be mutually agreed upon between the Seller. and the Buyer. An approximate timeline till completion would be around 3 months.

May I know why are you only restricting yourself to these 2 developments? Are you looking to purchase for your own stay? Or is it for investment purpose?

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
0
Hi;

the timeline for subsale is same as buying a resale unit ie 1% to secure the unit and 4% within 14days later.. and stamp duty is payable within 14days upon exercising your Option. Would you be interested in new project next to Kingsford Waterbay that is selling at lower prices ? Direct developer's sale.. Do contact me for more info

Rgds;
Lyna Propnex
Appointed Marketing Agency
 9623 8442 
lynasong@hotmail.com Read More
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Hi,

I have a sub sale unit Kingsford Waterbay.
Currently representing to a client over the weekend.
Maybe you would like to view ? I'll be able to discuss the details , finances and timeline etc.

Visit my website for my recent accolades, awards and testimonials@ www.kumarrai.com.

D Kumar
 +65 96659926 
ERA Associate Division Director

#1 team of ERA in Singapore, Asia Pacific International for 2014/5/6/7

ERA Q1 Top Achievers (Top1%)
ERA Top Achievers 2013-2017
ERA Multi-Million Dollar Club Award
2014-2017 ERA Asia-Pacific Business Conference Elite Award

P Group
Overall Top 100 achievers 2014-2017 Read More
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Hi. I have a subsale kingsford waterbay 3 room with river view. Pls give me a call if you are interested

Irene 9186 4812  propnex Read More
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Hi Sir/Madam

Please contact me at (65) 96608508  or Silviayang8@gmail.com
or click here http://bit.ly/2tzIQ1a for non obligation discussion.
No agent fee from buyer for private property purchase
Thank you.

Warmest regards,

Silvia Yang

PropNex Realty Pte Ltd
Mobile: (65) 9660 8508 
Email: Silviayang8@gmail.com
www.facebook.com/SilviaProperty Read More
0
For subsale unit the payment goes similar with resale, except that:
1. the completion need to take longer, 12 weeks.
2. extra cost for legal admin fee and re-issue S&P by developer, around $1,000

The timeline is as follow:
1) 1% Cash option fee
2) 4% Cash exercise fee (within 2 weeks)
3) 4%-$15,400 Cash stamp fee (within 4 weeks)
4) Legal completion (12 weeks, 20% cash/CPF + Loan to cover remaining balance depend on construction stage)

Do take note, with new cooling measures, max loan you can take now is upto 75% of the property value.

I do have a high park 2 bed sub-sale unit if interested.

Feel free to call for further discussion or email for a list of carefully shortlisted properties based on your specific criteria.

Warmest regards
Belinda Zhao
Associate Senior Marketing Director
CEA Reg No. : R051311G
Propnex Realty Pte Ltd
Mobile: (65) 9628 0661 
Email: belindazhao1@gmail.com
https://newlaunchguru.sg/ Read More
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