Asked by Anonymous
What is the minimum cash to buy a condo? ..
75 views
5 Answers
Hi Sir/Madam
1. Do you intend to take loan for your purchase?
If yes, Before shortlisting project/unit, I will suggest to check your in principal approval of your loan from banker.
I can connect you with reputable banker for this, free of charge and no obligation.
2. Based on $1 mill, and assuming loan is 75%
5% Cash = $50,000
20% Cash/CPF = $200,000
BSD (Cash/CPF) = $24,600
ABSD (Cash/CPF) = might apply
Legal fee = $2,500 (estimated)
Please contact me at (65) 96608508 and I can share the breakdown for this calculation including timeline.
3. How many bedrooms are you looking at and which area you prefer?
I have current price list, promo of every projects in Singapore and will be glad to advise you
I will be glad to assist, no agent fee from private property buyer
Appreciate if you can contact me at (65) 96608508
or click here https://bit.ly/WaSilvia to whatsapp me for no obligation discussion
Thank you.
Warmest regards,
Silvia Yang
Senior Marketing Director
ERA Realty Network Pte Ltd
Mobile: (65) 9660 8508
Email: Silviayang8@gmail.com Read More
1. Do you intend to take loan for your purchase?
If yes, Before shortlisting project/unit, I will suggest to check your in principal approval of your loan from banker.
I can connect you with reputable banker for this, free of charge and no obligation.
2. Based on $1 mill, and assuming loan is 75%
5% Cash = $50,000
20% Cash/CPF = $200,000
BSD (Cash/CPF) = $24,600
ABSD (Cash/CPF) = might apply
Legal fee = $2,500 (estimated)
Please contact me at (65) 96608508 and I can share the breakdown for this calculation including timeline.
3. How many bedrooms are you looking at and which area you prefer?
I have current price list, promo of every projects in Singapore and will be glad to advise you
I will be glad to assist, no agent fee from private property buyer
Appreciate if you can contact me at (65) 96608508
or click here https://bit.ly/WaSilvia to whatsapp me for no obligation discussion
Thank you.
Warmest regards,
Silvia Yang
Senior Marketing Director
ERA Realty Network Pte Ltd
Mobile: (65) 9660 8508
Email: Silviayang8@gmail.com Read More
Good evening Sir/ Mdm,
It depends whether do you require a housing loan and how much can you loan.
If you intend to apply for a 75% loan, your 25% downpayment will be minimum 5% cash and the balance can be a mixture of cash and cpf.
You will have to fork out stamp duty in cash first if you are looking at resale condo.
Do you have any requirements or budget in mind for your purchase? So i will be in a better position to advise or propose suitable units.
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
Contact:
Mobile: 91115171
Email: yt.tan91115171@gmail.com
Do follow me on:
IG: instagram.com/propertykaki
FB: https://www.fb.com/propertykaki/
YouTube: https://bit.ly/Youtube_PropertyKaki
To find out what’s the estimated valuation of your existing house, try our SRX property tracker.
You will receive free sms update on a monthly basis.SRX property tracker: http://bit.ly/yt_proptrack Read More
It depends whether do you require a housing loan and how much can you loan.
If you intend to apply for a 75% loan, your 25% downpayment will be minimum 5% cash and the balance can be a mixture of cash and cpf.
You will have to fork out stamp duty in cash first if you are looking at resale condo.
Do you have any requirements or budget in mind for your purchase? So i will be in a better position to advise or propose suitable units.
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
Contact:
Mobile: 91115171
Email: yt.tan91115171@gmail.com
Do follow me on:
IG: instagram.com/propertykaki
FB: https://www.fb.com/propertykaki/
YouTube: https://bit.ly/Youtube_PropertyKaki
To find out what’s the estimated valuation of your existing house, try our SRX property tracker.
You will receive free sms update on a monthly basis.SRX property tracker: http://bit.ly/yt_proptrack Read More
1
5% at least, and you will need to pay the stamp duty in cash first before it is being reimbursed if you intend to use CPF.
Maximum loan allowed is 75% therefore balance 20% can be financed via CPF.
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!
Warmest regards,
Geryl Lim
Associate Group Director
Salesperson Registration No. R014783H
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
[main] +65 6471 8888 [mob] +65 81577565 [LDA] +65 92787772
www.geryllim.com
My self introductory video on https://www.youtube.com/watch?v=S_2NydENfx0
-----
Note: We value your home as much as you do! Find out the indicative value of your home at http://bit.ly/UrHomeMatters and get monthly update on your home value. Restructure your portfolio with us, speak to us!
Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.
Visit and Like my facebook page at https://www.facebook.com/GerylLimSince2009/ - Aspiring To Be The Best Real Estate Agent In Singapore
Pick up knowledge, skills and Real Estate concepts at https://www.facebook.com/RealEstateXcellence/
New Singapore Expatriates on facebook is up and running. Come join us at https://www.facebook.com/groups/newsgexpats/
-----
Landed Dynamic Alliance
Home of *7772 Hotline
Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ http://l.ead.me/7772 Read More
Maximum loan allowed is 75% therefore balance 20% can be financed via CPF.
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!
Warmest regards,
Geryl Lim
Associate Group Director
Salesperson Registration No. R014783H
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
[main] +65 6471 8888 [mob] +65 81577565 [LDA] +65 92787772
www.geryllim.com
My self introductory video on https://www.youtube.com/watch?v=S_2NydENfx0
-----
Note: We value your home as much as you do! Find out the indicative value of your home at http://bit.ly/UrHomeMatters and get monthly update on your home value. Restructure your portfolio with us, speak to us!
Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.
Visit and Like my facebook page at https://www.facebook.com/GerylLimSince2009/ - Aspiring To Be The Best Real Estate Agent In Singapore
Pick up knowledge, skills and Real Estate concepts at https://www.facebook.com/RealEstateXcellence/
New Singapore Expatriates on facebook is up and running. Come join us at https://www.facebook.com/groups/newsgexpats/
-----
Landed Dynamic Alliance
Home of *7772 Hotline
Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ http://l.ead.me/7772 Read More
1
Hi,
1) The minimum cash to buy a condo is 5% of the condo purchase price.
2) However it is only valid based on the following factors:
(a) This is a new launched project
(b) Your funds in your CPF OA are sufficient for the following:
(i) 20% down payment
(ii) Buyer stamp duty and ABSD if applicable
(iii) Legal fees
(c) You informed your lawyer of the intention to make full use of the CPF for all the above payments at the time of signing the option.
(d) You are able to get the 75% LTV from the bank.
3) If you are buying a resale condo, then you will have to prepare the following cash:
(a) 5% down payment
(b) Buyer stamp duty and ABSD if applicable, then apply for remission upon completion.
(c) Legal fees
The above is only valid if you are able to receive 75% LTV of the condo.
Please give me a thumbs-up if the answer provided is relevant to your main concern. Thanks!!!
Hope the above answer 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
1) The minimum cash to buy a condo is 5% of the condo purchase price.
2) However it is only valid based on the following factors:
(a) This is a new launched project
(b) Your funds in your CPF OA are sufficient for the following:
(i) 20% down payment
(ii) Buyer stamp duty and ABSD if applicable
(iii) Legal fees
(c) You informed your lawyer of the intention to make full use of the CPF for all the above payments at the time of signing the option.
(d) You are able to get the 75% LTV from the bank.
3) If you are buying a resale condo, then you will have to prepare the following cash:
(a) 5% down payment
(b) Buyer stamp duty and ABSD if applicable, then apply for remission upon completion.
(c) Legal fees
The above is only valid if you are able to receive 75% LTV of the condo.
Please give me a thumbs-up if the answer provided is relevant to your main concern. Thanks!!!
Hope the above answer 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
1
Hi,
1) The minimum cash to buy a condo is 5% of the condo purchase price.
2) However it is only valid based on the following factors:
(a) This is a new launched project
(b) Your funds in your CPF OA are sufficient for the following:
(i) 20% down payment
(ii) Buyer stamp duty and ABSD if applicable
(iii) Legal fees
(c) You informed your lawyer of the intention to make full use of the CPF for all the above payments at the time of signing the option.
(d) You are able to get the 75% LTV from the bank.
3) If you are buying a resale condo, then you will have to prepare the following cash:
(a) 5% down payment
(b) Buyer stamp duty and ABSD if applicable, then apply for remission upon completion.
(c) Legal fees
(d) COV if any
The above is only valid if you are able to receive 75% LTV of the condo.
Please give me a thumbs-up if the answer provided is relevant to your main concern. Thanks!!!
Hope the above answer 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
1) The minimum cash to buy a condo is 5% of the condo purchase price.
2) However it is only valid based on the following factors:
(a) This is a new launched project
(b) Your funds in your CPF OA are sufficient for the following:
(i) 20% down payment
(ii) Buyer stamp duty and ABSD if applicable
(iii) Legal fees
(c) You informed your lawyer of the intention to make full use of the CPF for all the above payments at the time of signing the option.
(d) You are able to get the 75% LTV from the bank.
3) If you are buying a resale condo, then you will have to prepare the following cash:
(a) 5% down payment
(b) Buyer stamp duty and ABSD if applicable, then apply for remission upon completion.
(c) Legal fees
(d) COV if any
The above is only valid if you are able to receive 75% LTV of the condo.
Please give me a thumbs-up if the answer provided is relevant to your main concern. Thanks!!!
Hope the above answer 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
1