3 Answers

YT Tan (陈永达)
Replied
Good evening buyer,

I will list out all these costs for private property purchase.

Provided if you can obtain a 80% loan, downpayment will be 5% cash and 15% CPF/ cash.

1) 3% buyer's stamp duty
2) 5% additional buyer's stamp duty as SPR for first property
3) $3k legal fees
4) $500k stamp duty for mortgage
5) valuation fee
6) other misc fees

FYI normally for private transactions, you don't have to pay any agent fees if you engage a real estate salesperson to assist you in your property purhcase.

Maybe you can share more information with me so I will be in a better position to advise you.

Hope to hear from you soon!

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
District Director
ECG Property Pte Ltd
(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W): www.yttan.com Read More
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Ivan Ng
Replied
Hi,

For SPR buying 1st residential property, breakdown as follows:
Cash 5%
CPF 15%
Max bank loan 80%
Stamp duties n legal fees 8% (legal fees about 3K, but its about 8% when added with stamp duties)

For private residential resale transactions, buyers typically pay no commission as we share it with the sellers agent. For developer sales, developer will pay us a service fee.

Thanks and may I understand your requirements further to value-add?

Warm regards,
Ivan ERA
 97432395 
Ivanng10@gmail.com
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CK Ang
Replied
Hi, other agents have already provide you the costs. I can share more on the stages of cost required and the estimated loan amount. Besides do you like to know more about the estimated appreciation on the investment in 5 years? Please drop me an email for me to share.

I am contactable via mobile or email.

CK Ang
 9046 3808 
res.ckang@gmail.com Read More
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