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Hi, I m PR and now looking for resale EC.
Is there any resale EC with price between 500k - 600k ? Now my wife n i have only CPF 50k and cash 30k. Are we able to buy resale EC? What are the other cost need cash exept agent fee 1 % ?
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1 Answer

J.A. Goh 吴永益
Hi Henry,

I don't think there is any resale EC costing that range. Am afraid your Cash and CPF portion won't be enough for the downpayment as well.

Besides the 5% cash, there is the Stamp Duty. Example for a $600K condo, you will need Cash $30,000, Stamp Duty $12,600. Total $42,600 must be in Cash. The 15% which is $90,000 can be taken from CPF. If not enough you will need cash to top-up. Bank will only loan you 80% if you do not have any outstanding housing loan currently.

Please feel free to drop me an email or call me directly for a non-obligation discussion. Alternatively, we can also meet up to discuss at your convenient time and place.

Thank you & Best Regards
J.A.Goh
HP: 9639 0350 
ERA Senior Marketing Director
CEA Reg No. R025894Z
CEA License No. L3002382K
www.gohjaERA.myweb.sg
Email: gohja@singnet.com.sg Read More
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