Asked by Anonymous
When buying a resale flat, what are the things that cannot be paid using CPF and HDB Grant? How much cash must I have to prepare for example, a resale flat of 400k
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2 Answers
Dear Sir/Mdm!
Good day to you!
I’m Daniel Tan from Huttons.
Subjected to HDB loan of 90%, you will be able to pay the remaining 10% using CPF. Stamp duty and legal fee can also be offset using your CPF.
Critical cash components will be:
1. Option Fee and Deposit (up to S$5,000)
2. HDB resale application - ~S$80
3. Valuation - ~S$200
4. Insurance - ~S$10
5. Agent Service Fees (1%+GST)
6. Any Cash Over Valuation (COV) applicable
Looking at purchasing a resale HDB, contact me and allow me to assist you with your purchase.
Hear from you soon.
Any other queries?
Please always feel free to contact me for a non-obligated discussion on how I can assist you with your real estate needs.
Have a great day ahead.
Best Regards
Daniel Tan
Huttons Asia Pte Ltd
(+65) 9477 5100
daniel.tck@outlook.com
www.danieltanrealestate.com
FB@danieltanrealestate Read More
Good day to you!
I’m Daniel Tan from Huttons.
Subjected to HDB loan of 90%, you will be able to pay the remaining 10% using CPF. Stamp duty and legal fee can also be offset using your CPF.
Critical cash components will be:
1. Option Fee and Deposit (up to S$5,000)
2. HDB resale application - ~S$80
3. Valuation - ~S$200
4. Insurance - ~S$10
5. Agent Service Fees (1%+GST)
6. Any Cash Over Valuation (COV) applicable
Looking at purchasing a resale HDB, contact me and allow me to assist you with your purchase.
Hear from you soon.
Any other queries?
Please always feel free to contact me for a non-obligated discussion on how I can assist you with your real estate needs.
Have a great day ahead.
Best Regards
Daniel Tan
Huttons Asia Pte Ltd
(+65) 9477 5100
daniel.tck@outlook.com
www.danieltanrealestate.com
FB@danieltanrealestate Read More
Hi,
Pls refer to the following break down for cash portion. This is only applicable if you have sufficient CPF to pay off the other expenses.
(1) OTP deposit & exercise = $5k
(2) Resale application = $80
(3) Registration & microfilming = $215.90 (3-rm & above)
(4) Valuation = $120
(5) Miscellaneous = $15
(6) Caveat = $139.30
(7) Fire insurance = $6.60 (5-rm), $5.50 (4-rm)
(8) Salesperson commission (1%+GST) = $4,285 ($400k)
Hope the above answer to your main concerns, but if there are more queries, do not hesitate and 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
Note:
Any response to our answer do not reach us until we scroll through each and every queries posted daily.
The best way to get a follow up is to whatsapp or email us directly. Read More
Pls refer to the following break down for cash portion. This is only applicable if you have sufficient CPF to pay off the other expenses.
(1) OTP deposit & exercise = $5k
(2) Resale application = $80
(3) Registration & microfilming = $215.90 (3-rm & above)
(4) Valuation = $120
(5) Miscellaneous = $15
(6) Caveat = $139.30
(7) Fire insurance = $6.60 (5-rm), $5.50 (4-rm)
(8) Salesperson commission (1%+GST) = $4,285 ($400k)
Hope the above answer to your main concerns, but if there are more queries, do not hesitate and 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
Note:
Any response to our answer do not reach us until we scroll through each and every queries posted daily.
The best way to get a follow up is to whatsapp or email us directly. Read More