Asked by p***@fotmail.com
HOW MUCH DEPOSIT I NEED TO PUT TO BUY A PROPERTY
2676 views
3 Answers
Good morning Sir/ Mdm,
you are looking to purchase a HDB or private?
If you are eligible for max 75% bank loan for either HDB or private purchase, downpayment will be 5% cash and 20% cash or cpf.
If taking max 85% HDB loan, downpayment will be 15% cash or CPF.
Other costs will be:
- buyer's stamp duty
- legal fees
- valuation fee
- agent's fee (for HDB transaction)
- resale application fee (for HDB transaction)
Hope my sharing helps in aiding in your enquiry.
May I know how can I value add further in your property needs?
Best regards,
YT Tan
Property Kaki
You dream. I create. We make it happen!
Association of Chartered Certified Accountants Graduate
Singapore Accredited Mortgage Planner
Contact:
Mobile: 91115171
Email: yt.tan91115171@gmail.com
Do follow me on:
IG: instagram.com/propertykaki
FB: https://www.fb.com/propertykaki/
YouTube: https://bit.ly/Youtube_PropertyKaki
To find out what’s the estimated valuation of your existing house, try our SRX property tracker.
You will receive free sms update on a monthly basis.SRX property tracker: http://bit.ly/yt_proptrack Read More
you are looking to purchase a HDB or private?
If you are eligible for max 75% bank loan for either HDB or private purchase, downpayment will be 5% cash and 20% cash or cpf.
If taking max 85% HDB loan, downpayment will be 15% cash or CPF.
Other costs will be:
- buyer's stamp duty
- legal fees
- valuation fee
- agent's fee (for HDB transaction)
- resale application fee (for HDB transaction)
Hope my sharing helps in aiding in your enquiry.
May I know how can I value add further in your property needs?
Best regards,
YT Tan
Property Kaki
You dream. I create. We make it happen!
Association of Chartered Certified Accountants Graduate
Singapore Accredited Mortgage Planner
Contact:
Mobile: 91115171
Email: yt.tan91115171@gmail.com
Do follow me on:
IG: instagram.com/propertykaki
FB: https://www.fb.com/propertykaki/
YouTube: https://bit.ly/Youtube_PropertyKaki
To find out what’s the estimated valuation of your existing house, try our SRX property tracker.
You will receive free sms update on a monthly basis.SRX property tracker: http://bit.ly/yt_proptrack Read More
Hi,
I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead.
Regards
Aaron Chong
9730 8455
aaronchong2774@yahoo.com.sg Read More
I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead.
Regards
Aaron Chong
9730 8455
aaronchong2774@yahoo.com.sg Read More
Hi,
1) Note that a deposit acts as a booking fee in a property purchase. Once accepted by the seller, means that both buyer and seller enter a legal commitment on the property.
2) Deposit for private property, in general, is 1% to exchange for an OTP (Option-To-Purchase), exercise fee is 4%.
3) Deposit for an HDB flat is $2~$5,000. This is strictly governed by the HDB. There are 2 portions on this deposit; option fee ($1~$1,000) and exercise fee ($1~$4,000).
Hope the above answer your main concerns, but if there are more query, 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
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer
Note:
Any response to our answer does not reach us.
The best way to get a follow-up is to Whatsapp or email us directly. Read More
1) Note that a deposit acts as a booking fee in a property purchase. Once accepted by the seller, means that both buyer and seller enter a legal commitment on the property.
2) Deposit for private property, in general, is 1% to exchange for an OTP (Option-To-Purchase), exercise fee is 4%.
3) Deposit for an HDB flat is $2~$5,000. This is strictly governed by the HDB. There are 2 portions on this deposit; option fee ($1~$1,000) and exercise fee ($1~$4,000).
Hope the above answer your main concerns, but if there are more query, 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
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer
Note:
Any response to our answer does not reach us.
The best way to get a follow-up is to Whatsapp or email us directly. Read More
1