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Me and my husband just got married 2 years ago and still working out on our savings. We are considering of getting a resale since our bto application are unsuccesful twice. I am wondering how much savings and cpf must we have in order to be able to buy a 4 room flat around Bukit Batok, somewhere near my parents house?
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1 Answer

Darren Lim
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Hi Nurhayati,

Depending on which block in Bukit Batok that you will be purchasing, the prices will be in the region of around $450k for a 4-room flat.

If you are taking a HDB loan, you will need to pay 10% of the valuation price with your combined CPF ordinary savings (ard $60k including stamp fees etc). On top of it, you will need to fork out cash for the COV (may range between $10k to $50k) and also for the agent commission.

Please feel free to give me a call at 91443311  anytime and we can have a more detailed discussion. You may also drop me an email and I can do up the calculations for you.

Thank you and have a great day.

Darren Lim
Mobile: 91443311 
Email: darrenlim.era@gmail.com
ERA Realty Network Pte Ltd Read More
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