Hello!
With regards to your query, the charges depend on whether you are buying a new launch/subsale, or a resale condo.
Some costs that will be constant for both are:
1. Stamp duty (3% x purchase price - $5400)
Stamp duty can be paid using CPF.
2. Legal fees - about $2500
Can be requested to be subsidised by the bank you take the loan with.
Commissions:
Commissions to agents are mainly for resale/sub sale transactions, new launch commissions are paid by the developer.
Renovations:
For resale, another substantial cost will be the subsequent cash outlay for renovation purposes.
The quantum of the variable expenses really depends from unit to unit, thus do feel free to contact us for more discussions on these.
Your Singapore Condo Specialist Team,
Mervin Tang
Senior Marketing Associates
Developer's Appointed Agency
Huttons Real Estate Group
Call Today:
(+65) 9184 0208
Website: http://www.sgcondospecialist.com
Sales Enquiry: enquiry@sgcondospecialist.com
Career Opportunities: career@sgcondospecialist.com
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