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Hi

Broadly it's a 3 step process. Option, Exercise and Completion.

You may text 9620 0827  for either buying or selling. We are a full time licensed agent who have helped in the home transaction since 2009.

Warmest regards

Gavin Read More

Good morning Sir/ Mdm,

Are you looking to purchase a resale or new condo? Timeline will differ.

Resale:
- agree on a purchase price
- give 1% cash to seller in return for option to purchase (OTP)
- pass 4% cheque to law firm to exercise OTP
- pay stamp duty within 2 weeks from exercise date
- completion date will be 3 months from exercise date. Balance 20% downpayment will be payable and loan will be disbursed.

New unit:
- give 5% cheque to developer in exchange for OTP
- developer will grant you sales and purchase agreement (S&P) within 2 weeks
- you have to exercise S&P within 3 weeks from receipt
- pay stamp duty within 2 weeks from exercise date
- pay balance downpayment up to 20% on the 8th week from OTP date

Is there any condo you are looking at?

Perhaps you can share more with me so I will be in a better position to advise and assist you further.

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

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Hello,

What is the process for buying a condo in Singapore?
What is the procedure for buying a condo in Singapore?
What are the steps to owning a condo?
What is the minimum downpayment to buy a condo in Singapore?
How much do you need to earn to buy a condo in Singapore?

The process of buying a condo in Singapore typically involves the following steps:
Research and shortlist potential condos based on your budget and requirements.
View showflats and visit the condo location to get a feel for the area.
Hire a property agent or a lawyer to assist with the purchasing process.
Make an offer and negotiate the price with the seller.
Complete the paperwork and pay a deposit.
Complete the balance payment on the completion date.

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Hi,

I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Appoint an agent to partner you in the journey of purchasing a condo so that he or she can guide you along the way for the purchasing process, regardless whether it is a resale unit or new launch. My typical client management system is to run a pre-consult session, run through the entire process and work on the finances, determine the timeline required before we go into the house hunting process, and this entire process of purchase can take up to 6 months or even more depending on individual clients.

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

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