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Good morning buyers,

the initial outlay will be as such:

1) 5% cash downpayment
2) 15% CPF OA or cash downpayment
3) estimated 3% buyer's stamp duty
4) 5% additional buyer's stamp duty as SPR
5) $3000 legal fees
6) $500 stamp duty for mortgage

Thus your cash outlay will be around 28% of purchase price.

Hope my explanation helps!

If you need any assistance or advice in your property purchase, feel free to contact me. Cheers!

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Vice President (Agency)
R043025D
Property Avenue Pte Ltd
Estate Agent no. L3010650D
Blk 420 North Bridge Road #03-30 North Bridge Centre S188727

(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W): www.yttan.com
(W): www.propertyavenue.com.sg Read More

Hi, assuming the purchase price of the condo is at 800k, cash amount will be as follows:
1) 20% - 160k
2) 8% stamp duty - 64k
3) legal fee - 2.5k

Total cash involve will be $226,500.

Pls feel free to let me know if you need any assistance.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Hi,

for PR 1st purchase, typical breakdown as follows:
Cash 5%
Cpf 15%
Max bank loan 80%
Stamp duties & legal fees 8% (3+5%)

Thanks and may I understand your requirements further so to make better recommendations?

Warm regards
Ivan ERA
 97432395 
Ivanng10@gmail.com
Website: http://www.ivanng10.com/#!reviews/c11r1
(Client's Testimonials) Read More

Dear Mdm,
It will be good to draw up a financial plan to better understand the amount of Cash and CPF you will require. The minimum cash amount you will need is 5% of the purchase price, the 15% or more can be covered by both you and your husband' CPF.
Please feel free to contact me to draw up a financial plan for you.

Nick Tan +65 9644 4854 
nicktan@propertyavenue.com.sg
B.Eng(Chemical)(Hons)(NUS)
Property Avenue Pte Ltd
Follow us on FB to receive 24/7 market information & update! ==> https://www.facebook.com/propertyavenuesg Read More

Hi,

Re: Property Purchase

We can assist you for the purchase of your property.

We are contactable at 92222389  or onassis@sgrealtor.com.

Onassis Gan Eng Joo - CEA Reg No.: R021244C
CES Certified SG Realtor l SGRealtor.com
agent.myweb.sg (PropertyGuru) / agent.irealtor.sg (iProperty)

SG Hotline: +65 9222 2389 
Email: Onassis@sgrealtor.com
Skype: incomecare

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Hi there!

Thanks for your query!
The initial cash outlay :
-20% cash Downpayment (5% Cash, 15% CPF)
-3% BSD
-5% ABSD
Legal Misc Fees

There are a couple of options with high discounts and star buys islandwide you could consider given your comfortable financial range.

Perhaps you could furnish me with your exact requirements and finances on hands to conduct the financial cash calculations/ progressive payments to shortlist & negotiate for the best possible price of the residences units you could otherwise consider. At the same time, I will take the opportunity to run through the key financial loan approval process, share some market insights/ provide you with recent sales transaction caveats and explain the entire procedural framework involved.

To add, there is no agent fees involved, hence my service and consultation comes at no cost ; and you are assured of being walked by step by step on the entire procedural framework - from technical matters to financial, legal matters and beyond.

D Kumar
 +65 96659926 
ERA Associate Division Director
www.kumarrai.com ( Recent Awards and Testimonials)

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