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Hi,

If you are looking at appointing a representative in your purchase who 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- please do contact me for a discussion!

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

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

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Good evening Rebecca,

Do take note that both of you have to be SPR for at least 3 years respectively before you are eligible to purchase a resale HDB.

If you can obtain a 80% loan, the initial outlay will be as such:

1) 5% cash downpayment
2) 15% CPF or cash downpayment
3) estimated 3% buyer's stamp duty
4) 5% additional buyer's stamp duty as SPR
5) $3k legal fees
6) $200 valuation fee
7) $80 resale HDB submission
8) other misc fees

Hope my explanation helps!

If you need any assistance or advice in your property purchase, feel free to contact me. Cheers!

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Vice President (Agency)
R043025D
Property Avenue Pte Ltd
Estate Agent no. L3010650D
Blk 420 North Bridge Road #03-30 North Bridge Centre S188727

(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W):www.yttan.com
(W):www.propertyavenue.com.sg Read More

Dear Rebecca,

Attached are the breakdown, assuming 80% loan and purchase price of $400k.

1) $20,000 = 5% downpayment (cash only)
2) $60,000 = 15% downpayment (cash/CPF)
3) $6,600 = Stamp Duty (cash/CPF)
4) $20,000 = ABSD (cash/CPF)
5) $3,000 = Legal fees (cash/CPF)
6) $200 = valuation report (cash only)
7) $80 = HDB admin fees (cash only)
8) $4,000 = agent service fees, if any (cash only)

Hope that I have answered you question.

Feel free to contact me if you need my assistance.

Thanks and Regards
Johnny Goh
R018297H
Team Associate Director
OrangeTee.com Pte Ltd
Mobile: 90906267 
Email: johnny.goh@orangetee.com
Website: johnny-goh.com Read More