AskGuru Q&A Community

Hi Davking,

For condo purchase, cash downpayment of 5% is needed, with the balance 15% downpayment in form of CPF.

You can loan up to a maximum of 80%, subject to your TDSR requirements. Should you not be able to meet 80% loan, you can cover the shortfall in form of CASH or CPF.

Should you need any further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More

Hi Mr. Davking Davking,
Which area are you looking at?
It would be great to assist you to purchase your desired unit.
I can be contacted at 97100155 
Pei Propnex Read More

Hi,

Thank you for your query!
Initial cash outlay:
Depending on loan : 80/90%,
Cash payable : 20/10%, use of CASH AND CPF.
Buyer Stamp Duty 3%
ABSD PR, Legal Fees & Val Fees
1% Agent Fees

As this is your first time purchase, it is apt to have yourself guided and walked step by step to ensure you do not overpay in the process of unfamiliarity and shortchange yourself on a good deal and paperwork conditions etc. As a realtor with years of experience and awards, it is my duty to assist you on leveraging on the weak market to pick out a unit as per your requirements and conduct negotiation. You can easily asses my proven track record and recent coveted awards & testimonial on my website to ascertain the commitment, dedication and integrity I uphold in representing my client's welfare and interest to get them the best possible deal.

Let's speak further at 96659926  to discuss more comprehensively on the crux of your requirements & expectations- to enable me to deliver a more accurate financial projection and breakdown of cash flow for your purchase after understanding your finances succinctly, so as to explore the possible options accordingly at no obligation. I will walk you through the entire purchase- from shortlisting, to negotiation, to establishing loan matters and working out finances (cash/cpf/progressive payment), paperwork, sorting legal matters, providing you with recent up to date transaction caveats for benchmark pricing as well as furnish you with a customized sales report & indicative valuations.

If you are comfortable with my working style, I am more than glad and confident to work for your interest to to guide to you to your ideal property.

D Kumar
 +65 96659926 
ERA Associate Division Director
www.kumarrai.com

#1 team of ERA in Singapore, Asia Pacific International for 2014.

ERA 2015 Q1 Top Achievers (Top1% of ERA)
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