AskGuru Q&A Community

Hi,

For SPR household purchasing HDB, you can take a bank loan of up to 80% of price. Breakdown of price of 400K hdb as follows:

Cash 5% 20K
CPF 15% 60K
Bank Loan 80% 320K
Stamp duties n legal fees about 8% 32K
Agency fees n Misc Fees approx 5K

Thanks and may I understand your requirements further so to value-add to your housing plans?

Warm regards,
Ivan ERA
 97432395 
Ivanng10@gmail.com
Www.ivanng10.com Read More

Evening,

Assuming that you are buying at $400k and getting 80% loan, you will need to set aside around $55k cash for the downpayment, ABSD, commission payable, admin fee, etc.

Do feel free to contact me for further discussion.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More

Hi Mr Subra.
Do contact me at 91442664  . I will be pleased to assist you in the entire buying process to ensure you a smooth transaction. Look forward to hear from you for a detailed discussion.
Tricia Tan propnex
 65 91442664  Read More

Hi there,

Please feel free to contact me at 96659926  for a non obligatory discussion for me to better understand your requirements and specifications to be in a better position to advise you further on your enquiries.

Based on your budget,needs and preferences, I will come up with a customized list of units to view, which works efficiently and effectively.

My services cover you through the whole process from finding the perfect property to negotiating for the best price to post deal paperwork to establishing financial calculations and ascertaining risks. I will provide you with a comprehensive sales report of properties in the desired location, make available to you recent live transactions for your understanding,share on financial calculations,if needed and make available rental yield and capital appreciation information.

Do visit my website to view my testimonials/recent awards and gather more info on me: www.kumarrai.com.
Look forward to hearing from you! Have a great day!

D Kumar
 +65 96659926 
ERA Associate Division Director
www.kumarrai.com
www.singapore-newproperties.com
dkumar@era.com.sg

About Me-
ERA Top achievers 2013/2014

ERA Multi-Million Dollar Club Award
2014 ERA Asia-Pacific Business Conference Elite Award
Preeminent Group

2014 3rd Quarter Top Achievers
(Top 13 Achiever)
2014 August ERA Top Achievers (Top 4 Achiever)
2014 September ERA Top Achievers Read More

Hi,
Based on your income you can get 80% (Max)bank loan,
You need to get ready followings:
1) 5% cash downpayment
2)15% CPF downpayment
3) estimated 3% buyer's stamp duty (3% -$5400)
4) 5% additional buyer's stamp duty as SPR
5) $3k legal fees (approx)
6) agent's commission (1% of purchase price + GST)
7) other mics like vauation report and HDB reg fees around $300

Overall you need around 28% of purchase price.

For more information please free to contact me.
Thanks
bala@orangetee.com
 92977650  Read More