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payment structure for ec.

I am interested in buying an ec and would like to understand more about the payment structure. From what I understand, we need to pay the 1st 5% upon signing the OTP. What about the remaining 15%? Is it payable within the 9th wks from OTP or 3 wks after receiving the S&P? What about the stamp duty? Also, how long does it take for the CPF to release the fund?
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1 Answer

Catherine PANG
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Engage an agent who can assist with financial planning. The S&P process needs careful and confident planning with HDB, CPF, bank and lawyer etc.Recently my client bought a condo while 'holding on' to a HDB flat and they need the 'funds' for the condo. Hence, they have to sell their HDB unit. Call us if you need an opinion or check this site www.catherinepang.com Read More
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