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Hi,

if you do not have any existing home loans, you will need to have 5% of the purchase in cash + the stamp duty. The stamp duty has to be paid in cash first, and can be reimbursed by CPF.

For a $1mil property, the cash upfront is $74,600. Since the bank loan is up to 80%, the other 15% can be in CPF.

Signature Park is a very good condo at Toh Tuck. Tremendous capital gain potential.

Do let me know if you need help in searching for a good unit.

Thanks!

Regards,
Richard Wan
Black Diamond Real Estate Group
richardwan@live.com
 94363793  Read More