New Condo Purchase Breakdown

Details: Written by Property65 Team; Category: Property Buying FAQ; Published: 11 May 2020; Hits: 2474

Property Buying FAQ

As Updated From July 2018

25% Minimum Down-payment
( Consists of Cash & CPF OA Usable)

*75% Highest Loan Applicable
( *Loan amount will be in consideration of Age of buyer & Income Assessment )
( *Maximum Loan Tenure Capped at 30 years OR Buyer's age of 65 Years Old )

Buyer's Stamp Duty Profile
( Check Our FAQ on Stamp Duty Payable )

Example: Price of $1,000,000

[$250,000]
25% Minimum Down-payment
( Consists of Cash & CPF OA Usable)

[$750,000]
*75% Highest Loan Applicable
Monthly Installment @ [$2,588]
( Monthly Salary's CPF can be Used to Service Loan )
( *Loan amount will be in consideration of Age of buyer & Income Assessment )
( *Maximum Loan Tenure Capped at 30 years OR Buyer's age of 65 Years Old )

Buyer's Stamp Duty Profile
( Check Our FAQ on Stamp Duty Payable Table )

Related Suggestion

Common Abbreviations of Property Purchase Mon, 11th May 2020
Common Abbreviations of Property Purchase OTP - Option to Purchase S & P - Sales and Purchase Agreement BSD - Buyer's Stamp Duty ABSD - Additional Buyer's Stamp Duty SSD - Seller's Stamp Duty TOP - Temporary Occupation Permit CSC - Certificate of Completion LTV - Loan to Value TDSR - Total Debt Servicing Ratio MSR - Mortgage Servicing Ratio Tenure ...
ABSD Refund For Married SG or SG/PR Family Only Mon, 11th May 2020
Refund of ABSD For Married Singaporean/PR Family
Countries exempted from ABSD Mon, 11th May 2020
Countries Exempted From ABSD Under Free Trade Agreement
CPF Usage Restriction For Second Property Mon, 11th May 2020
CPF Restriction for Second Property Purchase Click Here For CPF Info CPF Minimum Sum up to 2022 Click Here For Minimum Sum Info
Is there Agent's fee? Sat, 9th May 2020
No. There is no agency fee payable by buyers. 100% Totally Free. Other Than no Agency fee, Our Team will Render all assistance & LIFETIME after-sales service to you. All for FREE From Start to the Finish. ( Standard Duration from...
When Can I Sell? Seller Stamp Duty? Mon, 11th May 2020
Latest Seller's Stamp Duty Table Mar 2017 Click Here For Seller Stamp Duty
New Condo Progression Payment Mon, 11th May 2020
Latest New Condo Progression Payments July 2018 Click Here For Payments Breakdown
Buyer's Stamp Duty Mon, 11th May 2020
Latest Buyer's stamp duty & Additional Buyer's Stamp Duty Policy Implemented Dec 2021 Click Here For Stamp Duty Table
New Condo Purchase Timeline Stages Mon, 11th May 2020
New Condo Purchase Timeline Click Here For Purchase Timeline

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