Hi Ms. Cheng,
For SC 2nd property purchase, with an outstanding loan for the 1st property, typical breakdown as follows:
Cash 25%
CPF 25%
Max bank loan 50%
Buyer Stamp Duties (BSD) and Legal Fees Approx 3%
Additional Buyer Stamp Duties (ABSD) 7%
May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.
Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude
Email: Ivanng10@gmail.com
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