4 Answers

Dear Sir/Madam,

Hi, I am Brendan!

If you are taking up HDB loan, 15% downpayment which can be fully paid by CPF. Remaining HDB loan of 85% of property valuation.
If you are taking bank loan, 25% downpayment of which 5% must be in cash. Remaining bank loan of 75% of property valuation.
Pls take note, for HDB loan, you are required to use up your CPF OA for flat purchase (less 20k which you can choose to keep) and the rest can be financed by HDB loan.

Are you looking to purchase a HDB flat?
It will be much more straightforward for me to explain to you in details over the phone.

Pls contact me at 9754 5207  .
Or Whatsapp me by clicking this link: wa.me/6597545207 which will direct you to open Whatsapp on your mobile phone.

Thank you!
Brendan Bay,
Contact: (+65) 97545207 
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0
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. By the way, are you planning to go for HDB or bank loan?

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
0
Dear sir/mdm,

For HDB loan, downpayment is minimum 15% which can be financed mainly by CPF funds. For Bank loan, downpayment is minimum 25% where 5% must be in cash.

Hope that helps! Is there anything else we can assist further?

I have been in the real estate business since 2009, with more than 13 years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.

We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!

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Geryl Lim
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OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
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1
YT Tan (陈永达)
Good morning Sir/ Mdm,

It depends on the housing loan you are taking.

15% if you are taking HDB loan. All can be funded by CPF OA funds.

25% if you are taking a bank loan. 5% must be in cash and balance can be a mixture of CPF OA funds and cash.

Have you apply for IPA or HLE yet?

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

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