4 Answers

Sunil Kumar
Hi Mr Kim
For a 500 K house pls see the calculations below
- 20 % down payment (5% cash and 15 % cpf or cash)
i.e., 20% 500 = 100K
- Buyer Stamp duty 3% 500 = 15000-5600 = 9400
- ABSD 5% of 500 = 25000
- COV depends on the house = 10K to 50K

The other charges include lawyer and agent fee.

Pls feel to approach me if you need any assistance or if something is not clear

8163 0450
Irene Tan
Mr Kim,

To know more on the cash outlay for the dream house that you are going to purchase, kindly give me a call @ 83886833 for a friendly discussion when you are free.

With more details provided by you, then i can calculate a more accurate cash outlay for your purchases.

Irene Tan
Huttons Asia Pte Ltd
SK Wong
Hi Mr Kim Kit Wong,

Assuming you are getting 80% loan for a $500,000 resale flat, the calculation :
Cash CPF
------- ---------
1)20% Deposit $25,000 $75,000
2)Stamp Duty $ 9,600
3)5% ABSD $25,000
4)Legal fee approx. $ 2,500
5)COV assume $20,000
-------- --------
$70,000 %87,100
-------- --------
Please feel free to contact me at 81029490 for further clarification.

Best regards.

SK Wong (CEA: R010639B)
Associate Marketing Director
PropNex realty pte ltd
HP: 81029490
Email: skwong@propnex.com
SK Wong
Hi Mr Kim Kit Wong,

Sorry for not able to present the calculation in table form.

The cash you need is $70,000/- (assume COV is $20,000) & CPF required is around $87,100/-.

Please call or email me for futher clarification.

Thank you.

SK Wong (CEA No.: R010639B)
Associate Marketing Director
PropNex Realty Pte Ltd
HP: 81029490
Email: skwong@propnex.com