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Good afternoon Ken, Let's assume: resale 3RM HDB flat; valuation $340k, COV $10k Potential cash outlay will be: 1) COV of $10k (consist of $5k for obtain and exercise OTP) 2) 5% cash downpayment $17.5k 3) Stamp duties (buyer's stamp duty and additional buyer's stamp duty of 5% as SPR household) - pay in cash first then reimburse back by excess CPF OA funds after 15% CPF downpayment 4) legal fees $3k 5) mortgage stamp duty $550 6) 1% of purchase price plus 7% GST - $3745 Maybe you can share with me where are your preferred locations then I can go in depth to advise you. Hope to hear from you soon! Cheers! Warmest Regards, YT TAN 陈永达 | ACCA Graduate, RES Senior District Manager R043025D ECG Property Pte Ltd (A Wholly Owned Subsidiary of ECG Group of Companies) Estate Agent no. L3009759F Blk 190 Lorong 6 Toa Payoh #05-508 S (310190) (M): +65 9111 5171  (E): yt.lovelyhomes@gmail.com (W): www.yttan.com (W): yttan.stproperty.com.sg/ (W) www.lovelyhomes.com.sg (W) www.ecgproperty.com Read More

Evening Ken, Legal fee will set you aside for around $2500 to $3200. 5% ABSD, 3% BSD and 5% cash down payment (based on 80% loan) is dependent on the purchase price. As for COV payable, depending on the location and sizing, it might range from $5k to $30k. Do feel free to contact me for non-obligatory discussion. Regards Mike Lim 96929209  m52i@yahoo.com ERA Read More