AskGuru Q&A Community

Good morning buyer,

Do take note that you will still have to fork out minimal cash for purchase of resale HDB.

1) option deposit $5000 (negotiable)
2) valuation fee $200
3) resale application fee $80
4) agent's commission (1% of purchase price plus GST)

Hope my explanation helps!

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

"Your Freehold Ally, Leasehold Tactician"

YT TAN 陈永达 | ACCA Graduate, RES
Associate Group Director
R043025D
Propnex Realty Pte Ltd
Blk 480 Lorong 6 Toa Payoh, #11-95 HDB Hub East Wing, Singapore 310480

(M): +65 9111 5171 
(E): yt.tan91115171@gmail.com
(W):www.yttan.com
(FB): www.facebook.com/yttanassetprogessor

Accolades:

Platinum achiever (Clock $100k commission within 1 month) August 2017(Propnex)
Top Individual Achiever August 2017(Powerful Negotiators Group)
Top Private Property Transactors January 2017 (Propnex)

Find out your property value for FREE on a monthly basis. Simply sign up by clicking the link below:

http://bit.ly/yt_proptrack Read More

Hi,

Cash required for resale purchase:

The above shall assume not incurring the following fees:
(1) legal fees:
(a) must be cash, $2~$2.5k (must be private lawyer since using bank loan),
(b) few hundred using HDB assigned lawyer; actual amt dependent on purchase price. Can pay using CPF.
(2) Resale application: $80
(3) Miscellaneous: $15
(4) Registration & microfilming: $215.90
(5) Real Estate Agent fee: 1% of purchase price.
(6) Option & exercise = $2~$5,000
(7) Valuation: $200 for now, $120 (on & after 1 Jan 18)

Hope the above answer to your main concerns, but if there are more queries, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com

Note:
Any response to our answer do not reach us until we scroll through each and every queries posted daily.
The best way to get a follow up is to whatsapp or email us directly. Read More

Good evening,

Other than the Option and Exercise fee, valuation, HDB admin fee, town council and property tax refund and fire insurance, you can utilize your CPF OA for the purchase if the unit have a balance lease of more than 60 years and that you have not reached retirement age.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA

Looking for an experienced agent with knowledge on sales and purchase of residential property in Singapore?
With more than 10 years experience on all S&P cases, along with knowledge related to:

1) Mental Capacity Act
2) Long Lasting Power of Attorney
3) Esate Planning and Distirbution
4) Divorce
5) Bankruptcy
6) Purchase of HDB after Retirement Age

You can be sure that your concern and doubt will be cleared. This would allow you to move forward in one of your life's most rewarding decision with ease of mind. Read More