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Hi

We have helped numerous SPR/SPR couple in buying a resale HDB flat.
You may want to text 9620 0827  for a casual chat. Broadly, the amount of cash required will be determined by the loan you can borrow and the use of CPF fund.
Although there are criteria in choosing a unit however the criteria will varies with individual preference. We can help you to define your selection criteria.

Warmest regards

Gavin Read More

Hi, depend on your plan for next 5 to 10 years. Looking forward to share with you what you can do. Please call 9696 4398  for more info now. Cheers Stewart-PropNex Read More

Good afternoon,

My name is Jenny Tran from Propnex, I'm an SPR myself and I have also assisted many SPR couples to get their resale HDB in Singapore.
The amount of cash needed will be different when you choose to borrow from bank or HDB. For bank, max loan you can get is 75% of the property purchase or bank valuation whichever is lower, the rest will be in cash/CPF. For HDB loan the max loan will then be 85%. There are pros and cons in choosing either HDB loan or Private bank loan. Contact me at 9726 1112  I can share with you more
Your 2nd question, criteria in choosing a resale flat, this really depends on your future plan, are you planning to exit the property in next 5-10 years or will this be your "forever home"?

This platform does not allow us to contact you directly so kindly contact me at 97261112  I would be glad to assist you further
Thank you and best regards,
Jenny Tran
Propnex Realty Pte Ltd
(HP) +65 97261112 
Whatsapp: https://wa.me/6597261112
(Email) jenny.tran@propnex.com
BSc (Real Estate) (Hons)-NUS

Testimonial from Satisfied Clients
-- My husband and I wish to commend the sincere attitude and good customer service rendered by your staff Jenny, who handled the sale of our 5R HDB flat early this year. We have met several agents but none as genuine as Jenny. Being a seller agent, she took our interest at heart in handling the sale, unlike other agents who are self-interest. Jenny is punctual and prompt in the whole dealings and we were convinced that such an agent is hard for find nowadays. Jenny is a trustworthy, honest, sincere and hardworking agent. We are happy with her service and would gladly recommend her to our friends in future. Jenny is an asset to Propnex and the organisation should value her. Thank you Jenny for her efforts--
Mr and Mrs Soo (HDB seller)

--Jenny is very committed and responsive to her clients and she has spent hours updating them and looking out for great deals and even tailor-made property proposal geared towards their needs. Will certainly refer her to others and will definitely approach her again in her future--
Nick and Kim (New launch buyer)

--Jenny did a great job helping my wife and I sell our unit. She took active steps to walk our neighbourhood to understand what she was marketing. During the marketing period, she managed potential buyers and provided timely updates and recommendations so we could stay on top of the process. Overall, Jenny was professional and helped us to achieve a positive result which we are very thankful for--
Aaron ( HDB seller)

--Jenny was very passionate and went the extra miles to help. Thanks to her professional advice and recommendations, I had finally found my dream home--
Yvonne (New launch buyer)

--Appreciate Jenny's clear and prompt communication style with us and other stakeholders. She was also patient and client-centered throughout the process of finding a home that met our criteria. As a first-time home buyer, we appreciate how she went out of her way to explain the process and answer questions we had--
Samantha (Resale condo buyer) Read More

Hi,

1) The breakdown of cost is as follow, assuming the valuation is same as the purchase price:
(a) Deposit = $1k (option fees) + $4K (exercise fees) => this amount will be included in your 5% cash.
(b) 5% cash ($500k *5%) - Deposit = $20k (cash)
(c) 20% cash and/or CPF = $500k *20% = $100k (can be in cash and/or CPF)
(d) Assuming you are able to get 75% loan from the bank.
(e) Legal fees = ~$2,500 (can be in cash and/or CPF)
(f) Stamp duty = Buyer stamp duty (~3%) + ASBD (5%) = $9.6k + $25k = $34.6k
(g) Assume you have $100k in your combined CPF, cash needed would be = ($100k + $34.6k) - $100k = $34.6k (cash)
(h) Thus cash needed = $25k (deposit) + $2.5k (legal fees) + $34.6k (stamp duty) = $62.1k
(i) The rest miscellanous is in small hundred; valuation = $120, resale submission = $80, caveat fees = ~$50.

2) Most important is the layout of the unit. Next is whether there is any suspect structural issue; such as ceiling leakage, cracking, spalling, etc. Walls water seepage. These are the major things you need to look out for.
3) The older flat space is not as efficient in layout compared to the newer ones. Thus although the newer ones are smaller, if the space allocated is accepted. Both will be on equal ground.
4) Finally is how you feel when you enter the unit. Emotional feeling is something you should focus on. Leave the logical thinking to the agent. :-))

Hope the above answer your main concerns, but if there are more query, 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
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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