Asked by Lim Mary
If I buy a resale flat. How much cash must income out
820 views
6 Answers
Good morning Mary,
cash portion will depends ultimately on the purchase price, your loan amount eligibility and CPF OA funds you have on hand.
Have you apply for HFE yet? Have anyone assist you in your financial planning before?
If you can obtain a max 80% HDB loan and sufficient CPF OA funds for 20% downpayment in a purchase, your cash portion will be and not limited to $5k option deposit, $120 valuation fee, $80 resale application fee, agent's service fee (1% of purchase plus GST) etc.
Hope my sharing aids in your property needs. Do contact me if you need any assistance.
Best regards,
YT Tan
Property Kaki
You dream. I create. We make it happen!
Association of Chartered Certified Accountants Graduate
Singapore Accredited Mortgage Planner
Contact:
Mobile: 9111 51 71 (wa.me/6591115171)
Email: yt.tan91115171@gmail.com
Check out my website: propertykaki.sg
Do follow me on:
IG: instagram.com/propertykaki
FB: https://www.fb.com/propertykaki/
YouTube: https://bit.ly/Youtube_PropertyKaki
To find out what’s the estimated valuation of your existing house, try our SRX property tracker.
You will receive free sms update on a monthly basis.SRX property tracker: http://bit.ly/yt_proptrack Read More
cash portion will depends ultimately on the purchase price, your loan amount eligibility and CPF OA funds you have on hand.
Have you apply for HFE yet? Have anyone assist you in your financial planning before?
If you can obtain a max 80% HDB loan and sufficient CPF OA funds for 20% downpayment in a purchase, your cash portion will be and not limited to $5k option deposit, $120 valuation fee, $80 resale application fee, agent's service fee (1% of purchase plus GST) etc.
Hope my sharing aids in your property needs. Do contact me if you need any assistance.
Best regards,
YT Tan
Property Kaki
You dream. I create. We make it happen!
Association of Chartered Certified Accountants Graduate
Singapore Accredited Mortgage Planner
Contact:
Mobile: 9111 51 71 (wa.me/6591115171)
Email: yt.tan91115171@gmail.com
Check out my website: propertykaki.sg
Do follow me on:
IG: instagram.com/propertykaki
FB: https://www.fb.com/propertykaki/
YouTube: https://bit.ly/Youtube_PropertyKaki
To find out what’s the estimated valuation of your existing house, try our SRX property tracker.
You will receive free sms update on a monthly basis.SRX property tracker: http://bit.ly/yt_proptrack Read More
1
Hi Mary,
Will you be taking HDB or bank loan? For bank loan where maximum loan is at 75%, minimal cash component required will be 5% of the purchase value, depending on how much you are able to loan as well as how much CPF funds you have for the purchase. For HDB loan where maximum loan is at 80%, your cash component can be lower, but usually $5000 at least excluding the miscellaneous fees like valuation requests and resale application fees.
I have been in the real estate business since 2009, with more than 14 years of experience serving the Singapore real estate market.
I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.
Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.
With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.
We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!
Warmest regards,
Geryl Lim
Associate Group Director
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
+65 92787772
www.geryllim.com
My self introductory video on https://www.youtube.com/watch?v=S_2NydENfx0
-----
Note: We value your home as much as you do! Find out the indicative value of your home at http://bit.ly/UrHomeMatters and get monthly update on your home value. Restructure your portfolio with us, speak to us!
Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.
Visit and Like my facebook page at https://www.facebook.com/GerylLimSince2009/ - Aspiring To Be The Best Real Estate Agent In Singapore
Pick up knowledge, skills and Real Estate concepts at https://www.facebook.com/RealEstateXcellence/
New Singapore Expatriates on facebook is up and running. Come join us at https://www.facebook.com/groups/newsgexpats/
-----
Landed Dynamic Alliance
Home of *7772 Hotline
Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ http://l.ead.me/7772 Read More
Will you be taking HDB or bank loan? For bank loan where maximum loan is at 75%, minimal cash component required will be 5% of the purchase value, depending on how much you are able to loan as well as how much CPF funds you have for the purchase. For HDB loan where maximum loan is at 80%, your cash component can be lower, but usually $5000 at least excluding the miscellaneous fees like valuation requests and resale application fees.
I have been in the real estate business since 2009, with more than 14 years of experience serving the Singapore real estate market.
I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.
Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.
With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.
We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!
Warmest regards,
Geryl Lim
Associate Group Director
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
+65 92787772
www.geryllim.com
My self introductory video on https://www.youtube.com/watch?v=S_2NydENfx0
-----
Note: We value your home as much as you do! Find out the indicative value of your home at http://bit.ly/UrHomeMatters and get monthly update on your home value. Restructure your portfolio with us, speak to us!
Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.
Visit and Like my facebook page at https://www.facebook.com/GerylLimSince2009/ - Aspiring To Be The Best Real Estate Agent In Singapore
Pick up knowledge, skills and Real Estate concepts at https://www.facebook.com/RealEstateXcellence/
New Singapore Expatriates on facebook is up and running. Come join us at https://www.facebook.com/groups/newsgexpats/
-----
Landed Dynamic Alliance
Home of *7772 Hotline
Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ http://l.ead.me/7772 Read More
1
Hi, appreciate your sharing. It depends on your HFE after confirm. If HDB loan, 20% down payment can use CPF OA or cash. To seller is $5000 cash and valuation fees $120 and HDB resalenet ($80)
Looking forward to assist you at 9696 4398 or email me at stewartlim96964398@gmail.com
Cheers
Stewart-PropNex Read More
Looking forward to assist you at 9696 4398 or email me at stewartlim96964398@gmail.com
Cheers
Stewart-PropNex Read More
My Answer with regards to your Question:
Cash portion includes the option deposit ($5k), valuation fee ($120), resale application fee ($80), and agent's market service fee (1% of purchase price plus GST)+ few K lawyer fees
Max 80% HDB loan and sufficient CPF OA funds cover 20% downpayment.
I am Sorry that This platform does not allow me to direct contact you.
You can reach me at https://wa.me/6598569255.
I am Happy to Help with No obligations! If you have any more questions or need assistance, FEEL GOOD to let me know. I am here for You! Cheers :)
See my REVIEWS here: (Just need to Copy and Paste the link)
https://www.propertyguru.com.sg/agent/able-s-k-toh-61591
Final Note: For BUYERS: SOLUTION for sourcing of RESALE and NEW PRIVATE Home such as Condominium or Landed properties. Represent you as BUYER > Currently there will be NO FEES CHARGED TO YOU/ FREE SERVICE.
Singapore has hovering over 30000 licensed agents for the last 10 years as property agents come and go .And in my opinion, property guru is the most effective marketing platform this season in Singapore
So, what’s the odd / chances that 2 complete strangers get to link together by property guru ?
So, I believe in Affinity (Chinese word: 缘份） :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!
ABLE Toh-ERA, Singapore Mobile :( +65) 9856 9255 “ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me Read More
Cash portion includes the option deposit ($5k), valuation fee ($120), resale application fee ($80), and agent's market service fee (1% of purchase price plus GST)+ few K lawyer fees
Max 80% HDB loan and sufficient CPF OA funds cover 20% downpayment.
I am Sorry that This platform does not allow me to direct contact you.
You can reach me at https://wa.me/6598569255.
I am Happy to Help with No obligations! If you have any more questions or need assistance, FEEL GOOD to let me know. I am here for You! Cheers :)
See my REVIEWS here: (Just need to Copy and Paste the link)
https://www.propertyguru.com.sg/agent/able-s-k-toh-61591
Final Note: For BUYERS: SOLUTION for sourcing of RESALE and NEW PRIVATE Home such as Condominium or Landed properties. Represent you as BUYER > Currently there will be NO FEES CHARGED TO YOU/ FREE SERVICE.
Singapore has hovering over 30000 licensed agents for the last 10 years as property agents come and go .And in my opinion, property guru is the most effective marketing platform this season in Singapore
So, what’s the odd / chances that 2 complete strangers get to link together by property guru ?
So, I believe in Affinity (Chinese word: 缘份） :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!
ABLE Toh-ERA, Singapore Mobile :( +65) 9856 9255 “ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me Read More
1
My Answer with regards to your Question:
Cash portion includes the option deposit ($5k), valuation fee ($120), resale application fee ($80), and agent's market service fee (1% of purchase price plus GST)+ few K lawyer fees
Max 80% HDB loan and sufficient CPF OA funds cover 20% downpayment.
I am Sorry that This platform does not allow me to direct contact you.
You can reach me at https://wa.me/6598569255. Read More
Cash portion includes the option deposit ($5k), valuation fee ($120), resale application fee ($80), and agent's market service fee (1% of purchase price plus GST)+ few K lawyer fees
Max 80% HDB loan and sufficient CPF OA funds cover 20% downpayment.
I am Sorry that This platform does not allow me to direct contact you.
You can reach me at https://wa.me/6598569255. Read More
1
Hi Mary
Are you taking bank or HDB loan?
I would be glad to assist you.
Feel free to contact me at wa.me/6597100155 .
Hope to hear from you soon.
Pei
Mobile: (65) 9 7 1 0 0 1 5 5.
Email: peicheng.tan@propnex.com
Associate Group Director
Propnex Realty Pte Ltd
https://linktr.ee/peiproperty
https://r011838b.propnex.net Read More
Are you taking bank or HDB loan?
I would be glad to assist you.
Feel free to contact me at wa.me/6597100155 .
Hope to hear from you soon.
Pei
Mobile: (65) 9 7 1 0 0 1 5 5.
Email: peicheng.tan@propnex.com
Associate Group Director
Propnex Realty Pte Ltd
https://linktr.ee/peiproperty
https://r011838b.propnex.net Read More
1