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In selling and buying of resale HDB, are legal fee and lawyer fee, two different entities that I need to pay separately? What is the estimated lawyer fee payable if I am taking up a bank loan versus a HDB loan? Thank you
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5 Answers

Hi,

Legal fees are specific to 1 transaction only, so you are right in saying there are 2 sets of legal fees; for each sale and purchase portion.

The difference in conveyancing fees of both HDB or private could be in hundreds, but payable by CPF. But I think a more important factor would be that, bank loan only allows max 80% but for HDB its max 90%. Hope this clarifies and helps you to decide, is there anything else I can assist further?

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Ivan Ng
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Johnny Goh Mui Huat
Dear Sir/Mdm,

Selling with HDB loans = legal fee less than $1,000 depending on transacted price
Selling with bank loans = legal fee less than $1,000 depending on transacted price + redemption fees from $600 to $1,000

Buying with HDB loans = legal fee less than $1,000 depending on transacted price
Buying with bank loans = legal fee between $2,000 to $3,000

Hope that I have answered your question.

Feel free to contact me if you need my assistance.

Thanks and Regards
Johnny Goh
R018297H
Team Associate Director
OrangeTee.com Pte Ltd
Mobile: 90906267 
Email: johnny.goh@orangetee.com
Website: johnny-goh.com Read More
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  • AC
    Hi,
    I am taking a bank loan. I was told that the legal fee (stamp duty, conveyancing fee,etc fee) is about $3k and on top of that the lawyer is about $3.2k. That's a total of about $6.2 I have to pay in cash or CPF deductible.
    Is this true?
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WhatsApp me at >>9856 9255 or through this link.:https://wa.me/6598569255.

----------------------------888--------------------------------888--------------------------->>>

(1) "If you need more assistance with property matters:

like renting / selling, buying / or investing, I'm here to help!

WhatsApp me at: ✔✔ABLE Toh (65) 9856*9255 or through this link.:https://wa.me/6598569255

(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

(2) (***) ✅✅ You can READ my REVIEWS here:

✅✅ https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

(3) ✅✅ For PRIVATE Home Buyers, I offer solutions for sourcing resale and new PRIVATE homes at ✅✅ ZERO charge (Because Most PRIVATE seller Agent are willing to share commission with Buyer Agent)

*** You can reach me at my Singapore mobile: @ +65 9 8 5 6 9 2 5 5

***(4) ✅ ✅ ✅ DEVELOPER SALES TEAM!!! BEST PRICES !!! ✅ ✅ NO AGENT FEES !! ✅ ✅ LOWEST PRICE GUARANTEED!!!

*** ✔✔Connect Singapore Line: ✔✔(65) 9856*9255

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0
WhatsApp me at >>9856 9255 or through this link.:https://wa.me/6598569255.

----------------------------888--------------------------------888--------------------------->>>

(1) "If you need more assistance with property matters:

like renting / selling, buying / or investing, I'm here to help!

WhatsApp me at: ✔✔ABLE Toh (65) 9856*9255 or through this link.:https://wa.me/6598569255

(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

(2) (***) ✅✅ You can READ my REVIEWS here:

✅✅ https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

(3) ✅✅ For PRIVATE Home Buyers, I offer solutions for sourcing resale and new PRIVATE homes at ✅✅ ZERO charge (Because Most PRIVATE seller Agent are willing to share commission with Buyer Agent)

*** You can reach me at my Singapore mobile: @ +65 9 8 5 6 9 2 5 5

***(4) ✅ ✅ ✅ DEVELOPER SALES TEAM!!! BEST PRICES !!! ✅ ✅ NO AGENT FEES !! ✅ ✅ LOWEST PRICE GUARANTEED!!!

*** ✔✔Connect Singapore Line: ✔✔(65) 9856*9255

FOR : UPDATED INFO / E- BROCHURE / FLOOR PLAN / PRICE LIST!!!

NEW Launches Condominium in SINGAPORE :CALL/ WHATSAPP me FOR BEST CHEAPEST, LOWEST PRICE Straight From Developer Sales Team !!! Read More
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