Asked by John
When buying a HDB flat, is/are there any more hidden cost which I need to factor in?
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1 Answer
Afternoon John,
With the current policy, there should not be any hidden cost if your salesperson have done their job properly. Depending on bank loan percentage and your available CPF, the large bulk of money should come from here. COV, legal and stamp fee, valuation report, HDB admin fee, property tax refund, caveat and salesperson commission are some of the other cost. If you case happens to be more complicated which involve mental capacity act or power of attorney, etc, this might the additional unexpected cost.
Do feel free to contact me for further discussion.
Regards
Mike Lim
96929209
CEA Reg No: R026708F
Email add: m52i@yahoo.com
ERA Read More
With the current policy, there should not be any hidden cost if your salesperson have done their job properly. Depending on bank loan percentage and your available CPF, the large bulk of money should come from here. COV, legal and stamp fee, valuation report, HDB admin fee, property tax refund, caveat and salesperson commission are some of the other cost. If you case happens to be more complicated which involve mental capacity act or power of attorney, etc, this might the additional unexpected cost.
Do feel free to contact me for further discussion.
Regards
Mike Lim
96929209
CEA Reg No: R026708F
Email add: m52i@yahoo.com
ERA Read More