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Hi Charles

You may text 9620 0827  for a casual chat. We can share with you the market trend, transaction process, timeline and an estimated financial plan for your purchase.

Warmest regards

Gavin Read More

Hi,
Buying need to factor in stamping fees , legal fees , conveyancing fees etc..
if you are eligible for a maximum loan of 75%,
Bank loan (interest rate ~1.3-1.4%)
5% cash, 20% CPF,
Buyer stamp duty = 8%
Legal fees = estimate $2k to $2.5k
Conveyancing & Miscellaneous =estimate $1.5k -$2k
Cash involved if there is COV .
About 3-6 months estimate to get key .

We may not be able to get notified from your reply here , get in touch with us for a discussion , I can share more detail for Punggol,Sengkang house. so you can have better understanding before making your purchase decisions :)
Whatapps/call @ 8788 9441 

Meantime Take care and stay safe .

Regards,
Jerlyn Read More

Hi Charles,

1) 25% downpayment; 5% must be cash, 20% can be cash and/or CPF.
2) With your current budget of 110k, you should keep your budget within 400~410k.
3) Stamp duty for 410k = 6.9k & 400k = 5.6k. Legal fees ~ 1.5k. Thus almost exhaust all your resources.
4) Buying of the flat should not be a rush activity, you must be sure that the unit you shortlisted is really what you want and accept.
5) Due to budget limitations, you might not be able to find the flat as new as you wished to have, thus some minor reno is expected. You have to reserve some of your funds for that purpose.
6) Location is the main concern, not so far away from public transport & amenities. These 2 are the major items you should really look into because these affected your daily activities of traveling and basic needs.
7) Location over here is not referring to the estate, but a specific area within the estate.

Hope the above answer to 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

Hi Charles,

As both of you are SPRs, you will only be able to take up a bank loan for your HDB flat purchase.

Under a Bank loan, the maximum you can loan is 75%. This means that you will need to fork out 25% as downpayment. Out of this 25%, 5% needs to be in form of Cash, while the balance 20% can be from CPF.

Do take note that you are liable for ABSD of 5%, on top of the normal BSD. Stamp duties can be paid via CPF too.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More