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Morning Alex,

I assume that you plan to buy 3RM HDB.

You might have to pay the COV up to $20k probably, agent's commission (1% of purchase price), resale application fee of $80, HDB legal fees, valuation fee of $170.50 and etc.

A sum up to $25k should be enough. This is just an estimation, whole amount depends on the COV portion.

I will love to assist you with your property purchase. Feel free to contact me if needed.

Looking forward to hear from you!

Warmest Regards,
YT Tan
ECG Property
M: (+65) 9111 5171 
E: yt.lovelyhomes@gmail.com Read More

Hi Alex,

Let us assume the valuation of the flat is 400k and COV 20k. Total selling price is 420k.

Since both of you are PRs, thus can only take bank loan.

Cash component:

1) 5% of valuation: 20k.
2) COV: 20k.
3) Agent Comm: 1% = 4.2k.
4) Others include bank legal fee, valuation report fee, etc = 2k.

Total cash you need to fork out is ~46k. This is assuming you have enough money in CPF to cover the 15% downpayment and stamp duty fee.

Please call me at 9862-8691  to discuss.

Thanks,
Ander ERA Read More