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Hi there,

The initial cash outlay :
20% Cash (5% Cash & 15% CPF)
80% Maximum Loan
3% Buyer Stamp Duty
ABSD FOR PR
Legal Misc Fess (approx 2.5k~)
NO agent fees

Perhaps you could furnish me with your exact requirements and finances on hands to conduct the financial cash calculations/ progressive payments to reaffirm and shortlist the residences units you could otherwise consider. At the same time, I will take the opportunity to run through the key financial loan approval process, share some market insights/ provide you with recent sales transaction caveats and explain the entire procedural framework involved.

As mentioned earlier, there is no agent fees involved, hence my service and consultation comes at no cost ; and you are assured of being walked by step by step on the entire procedural framework - from technical matters to financial, legal matters and beyond.

D Kumar
 +65 96659926 
ERA Associate Division Director
www.kumarrai.com ( Recent Awards and Testimonials)

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Hi,

Cash 5%
Cpf 15%
Max bank loan 80%
Stamp duties and legal fees (Approx 8%)

May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

Email: Ivanng10@gmail.com
Contact: (+65) 97432395 
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Website: http://www.ivanng10.com/clientreviews
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Hi do contact me at 97970200  to discuss more

Mark, you RIGHT choice
MCG Read More

Hi,

Being a PR saved you at least 10% in ABSD compare to Foreigner.

The costs of the purchase ($800k) are as follow:
(1) OTP (deposit + exercise) (5%) = $ 40,000
(2) Downpayment (15%) = $120,000 (can be pay by CPF if there are sufficient fund)
(3) Basic Stamp duty; BSD (~3%) = $ 18,600 (can be pay by CPF if there are sufficient fund)
(4) Additional BSD (5%) = $ 40,000 (can be pay by CPF if there are sufficient fund)
(5) Legal fee = $ 2,000
(6) Mortgage stamp duty = $ 500
Total cash needed = $221,100

In fact, the first thing you ought to do is to get a bank willing to loan you 80% of the purchase; $640,000.
You will have to satisfy the TDSR rules set by MOF (Ministry of Finance), current loan, salary, credit card usage plays a big part whether you will be given the right loan amount.
Don't worry too much of the TDSR, leave it to banker who will help to assess through the process.

Hope the above answer to your main concerns, but if there are more queries, please 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

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Hi,

Based on a $800k property purchase, breakdown as follows:

Downpayment:
5% CASH $40,000
15% CPF/CASH $120,000

Stamp Duties (CPPF/CASH):
BSD $18,600
ABSD (5%) $40,000

Legal Conveyancing:
Approx $2,500

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 and your partner in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More

Good evening,

As a SPR buyer for your first residential property, you will be able to obtain maximum of 80% loan. 5% of the down payment must be made by cash while balance 15% can be paid using CPF. ABSD of 5% will also be payable, on top of the standard stamp duty. Legal fee would range around $2,500 to $3,500.

Kindly find attached table for your review, assuming you do not have sufficient CPF fund:

1) Down Payment: $160k
2) ABSD: $40k
3) Standard stamp duty: $24k
4) Legal fee: $3.5k

Do feel free to contact me should you require additional assistance.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA

Looking for an experienced agent with knowledge on sales and purchase of residential property in Singapore?
With more than 10 years experience on all S&P cases, along with knowledge related to:

1) Mental Capacity Act
2) Long Lasting Power of Attorney
3) Esate Planning and Distirbution
4) Divorce
5) Bankruptcy
6) Purchase of HDB after Retirement Age

You can be sure that your concern and doubt will be cleared. This would allow you to move forward in one of your life's most rewarding decision with ease of mind. Read More