9 Answers

Dear sir/mdm,

Assuming you are eligible for the maximum loan to value at 75%, your cash outlay has to be minimally 5%, with balance 20% making up from CPF and/or cash combined. This is besides the stamp duty and additional buyer's stamp duty applicable for SPR to purchase a residential property in Singapore. Hope the above helps.

I have been in the real estate business since 2009, with more than 14 years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

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1
My Answer with regards to your Question:

Maximum Loan to Value (LTV) is 75% for eligible buyers.

Minimum cash outlay is 5%.

The remaining 20% can be covered by a combination of CPF (Central Provident Fund) and/or cash.

Additional costs include stamp duty and additional buyer's stamp duty for Singapore Permanent Residents (SPR) purchasing residential property.

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You can reach me at https://wa.me/6598569255.

I am Happy to Help with No obligations! If you have any more questions or need assistance, FEEL GOOD to let me know. I am here for You! Cheers :)

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Final Note: For BUYERS: SOLUTION for sourcing of RESALE and NEW PRIVATE Home such as Condominium or Landed properties. Represent you as BUYER > Currently there will be NO FEES CHARGED TO YOU/ FREE SERVICE.

ABLE Toh-ERA, Singapore Mobile :( +65) 9856 9255  “ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me Read More
1
Hi, appreciate your sharing. Assuming 75% loan attained. 5% - cash
20% - cash/CPF OA
stamp fees - cash /CPF OA
legal fees - $3000
Looking forward to assist you at 9696 4398  or email me at stewartlim96964398@gmail.com

Cheers
Stewart-PropNex Read More
0
Hi,

Single SPR can purchase EC units that have fulfilled MOP of 5 years. The typical breakdown as follows:

DP Cash 5%
DP CPF OA 20%
Buyer Stamp Duty + Legal Fees 3% approx
Bank Loan Max 75%

So for $1mil property, down payment plus buyer stamp duties total approx $280k, assuming $750k loan not an issue.

Hope the above clarifies. May I have more info and requirements about your plans so as to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,

Ivan Ng Realtor
ERA Senior Marketing Director
ERA Diamond Achiever

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0
Hi Sir/Mdm,

Resale EC is a good option to consider as their PSF price is still low as compared to private properties. For the purchase, you would need a 5% cash and 20% CPF (or cash if CPF is not sufficient). It is important to check the loan amount you are eligible for so that we are able to determine your max affordable amount to buy. Other costs include the stamp duty and the legal fees.

Please feel free to contact me so that I can gather more information and assist you further!

Regards,
Nick Tan
(M) +65 96 44 48 54
B.Eng (Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
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I have written a guide on buying Residential Property:
http://bit.ly/buypropertyguide

Testimonial from Satisfied Clients
“We have the privilege to work with Nick on our recent house purchase and we are extremely grateful for all the help he rendered to make the purchase a seamless experience!

Nick is attentive to all the requirements we have for our purchase and in the short span of time, he was able to provide us with potential shortlisted units that meet our criteria. (A big lifesaver for family with young kids and limited availability!) When conducting a viewing, Nick is highly proactive as he can be seen taking notes, asking questions, checking the conditions (that we missed or never thought of) and etc.

Overall, Nick remains reactive and portrays professionalism in this entire process. We would definitely recommend him to our friends and family who are looking for their next home/move opportunity.”

Jeannie & Victor (Buyer)

“Nick provides a delightful customer experience from day one when I engage him as my agent to look for a flat of my choice to the completion of the deal. He is competent, resourceful and has a pleasant manner to work with. He is the Agent of my choice in dealing with properties and I would highly recommend him to others who would appreciate an agent that takes care and can give the customer a peaceful mind.”
Susana (Buyer)

“Nick is very pro-active in helping us to resolve whatever questions and problems that we encountered. All the issues are settled even before us having to request or ask for a second time. He was very frank and transparent with all the details, limitations and advantages that we wouldn’t have known. I think this is the most important virtue to be successful in this line. I will surely recommend him to anyone who needs his service because I trust that they will be equally satisfied!!”
Mr and Mrs Chan (Sold and Bought a property through Nick)

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Mr & Mrs Tan (Seller of Inter-Terrace House) Read More
1
Hi,

I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Have a good day ahead. By the way, minimum cash portion will be at 5% of the purchase price.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
0
Hi Sir/Madam

1. A single Singapore Permanent Resident (SPR) has the eligibility to purchase Executive Condominium (EC) units that have met the Minimum Occupation Period (MOP) requirement of 5 years.

2. Do you intend to take loan for your purchase?
If yes, Before shortlisting project/unit, I will suggest to check your in principal approval of your loan from banker.
I can connect you with reputable banker for this, free of charge and no obligation.

3. Based on $1 mill, and assuming loan is 75%
5% Cash = $50,000
20% Cash/CPF = $200,000
BSD (Cash/CPF) = $24,600
ABSD (Cash/CPF) = $50,000
Legal fee = $2,800 (estimated)
Please contact me at (65) 96608508  and I can share the breakdown for this calculation including timeline.

4. Under the respective FTAs, Nationals or Permanent Residents of the following countries will be accorded the same Stamp Duty treatment as Singapore Citizens: Nationals and Permanent Residents of Iceland, Liechtenstein, Norway or Switzerland and Nationals of the United States of America.

5. How many bedrooms are you looking at and which area you prefer?
To check out other project: https://96608508.eraagent.sg/projects
I have current price list, promo of every projects in Singapore and will be glad to advise you

I will be glad to assist, no agent fee from private property buyer
Appreciate if you can contact me at (65) 9660.8508
or click here https://bit.ly/WaSilvia to whatsapp me for no obligation discussion
Thank you.

Warmest regards,

Silvia Yang

Senior Marketing Director
ERA Realty Network Pte Ltd
Mobile: (65) 9 6 6 0 8 5 0 8
Email: Silviayang8@gmail.com Read More
1
Robbie Chen Chee Howe
Hi,

The minimum Cash downpayment is 5%, whereas the CPF portion would make up the balance 20%. This is assuming you qualify for the maximum 75% loan based on your TDSR.

Do take note that 5% ABSD applies for SPRs purchasing their first residential property. This is on top of the normal BSD that everyone needs to pay when purchasing a property.

Would you like me to work out the sums in further detail for you?

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

Should you need require further assistance in matters relating to property, please contact me at my mobile +65 97 48 63 05. I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
+65 97 48 63 05
PropNex Realty Read More
1
Tan Pei Cheng (Pei)
I would be glad to assist you.
Feel free to contact me at wa.me/6597100155 .
Hope to hear from you soon.
Pei
Mobile: (65) 9 7 1 0 0 1 5 5.
Email: peicheng.tan@propnex.com
Associate Group Director
Propnex Realty Pte Ltd

https://linktr.ee/peiproperty
https://r011838b.propnex.net Read More
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