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HDB Questions

Asked by Ms. Alicia Ng 28 Jul 2013

we are SPR malaysia chinese, would like to purchase HDB flat. Would like to know what we can pay by cash and what we can pay by CPF.

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Mike Lim · Answer 1 · 2013-07-29T11:25:24+08:00

Mike Lim

Replied 29 Jul 2013

Morning Alicia,

IF you managed to get 80% loan, you can pay 15% of the downpayment, legal and standard stamp fee using CPF. 5% cash (part of downpayment), COV, ABSD, Option and Exercise fee, valuation report and HDB admin fee are to be paid in cash.

Do feel free to contact me for further discussion.

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

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Aaron Chong · Answer 2 · 2013-07-29T11:51:31+08:00

Aaron Chong

Replied 29 Jul 2013

Hi Alicia

The main bulk of cash for your case will be:

1) First 5% of the purchase price
2) Next 15% (cash or cpf)
3) 3+5% stamp duty

Pls feel free to let me know if you need any assistance. Cheers!

REgards
Aaron
9730 8455
aaronchong2774@yahoo.com.sg Read More

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