6 Answers

Hi, during signing of lease 10% , key collection another 15% , total of 25%.

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https://www.hdb.gov.sg/residential/buying-a-flat/buying-procedure-for-new-flats/timeline

The above link shows the various timeline for BTO application including payment. Hope this helps! Read More
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During the lease signing, 10% is due.
An additional 15% is collected upon key handover.
In total, this amounts to 25% (FROM 20 AUG 2024 ONWARDS)
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Hi Sir/Mdm,

For BTO, the payment timeline is as such:

1. During the booking of the flat, you will need to pay an option fee of either 1k or 2 k depending on the model of the unit.

2. Within 9 months from booking, you will need to sign the Agreement for Lease. You will need to pay 10% of the purchase price if you are taking a HDB loan (or not taking a loan) or 20% if you are taking a bank loan. You will also need to pay the stamp duty.

Please feel free to contact me privately if you have any further questions.

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Mani Subramanian Veeramani
Hi there!

Here’s what you need to know about the downpayment for a BTO flat if you already own a resale HDB and didn’t take any grants:

- The downpayment for a BTO flat is typically 10% of the purchase price if you are taking a loan from HDB. This is the standard for first-time buyers as well as existing homeowners purchasing a new flat directly from HDB.

- However, if you are taking a bank loan instead of an HDB loan, the downpayment is usually 25% of the purchase price. This is because bank loans require a higher initial payment.

- Since you currently own a resale HDB, you must dispose of it within six months after collecting the keys to your new BTO flat, as per HDB's regulations. Make sure to plan accordingly to meet these requirements.

Feel free to reach out if you need more specific advice on your situation.

Thank you!

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Hi, appreciate your sharing. Admin and booking fees required.
Looking forward to assist you at 9696 4398  or email me at stewartlim96964398@gmail.com

Cheers
Stewart-PropNex (Senior Associate Division Director) Read More
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