On 19 Feb 2018, the ministry of finance announced the increment of buyer stamp duty by 1% for residential property exceeding S$1,000,000 in value. Here are the changes: Before 20th Feb Buyer Stamp Duty (Old Rate) After 20th Feb Buyer Stamp Duty (New Rate) First...
To work out the sales proceeds (or cash) you will receive from the sales of your HDB, you will need the following information: Estimated Sales Price of Your Property Outstanding Mortgage Loan Amount CPF Monies Utilised Property Agent Commission Legal Fees Mortgage...
In the earlier article, “Executive Condo (EC) or Private Condominium”, we raised a point that the owner of the EC, like the owner of a private condominium, can cash out from their EC without selling their home using a home equity loan. Since then, we have received...
Let’s get back to basic. Here’s an overview of the Build-to-Order (BTO) Flats from HDB, Executive Condominium from Developer, Private Condominium & Landed Property regarding Buying Eligibility, Financing Options, Resale & Rental Restriction. For...
How much cash do I need to fork out as a downpayment to purchase a Private Condominium or Executive Condominium in Singapore? What is the cash and CPF needed at the different stages? Can I use my Central Provident Fund (CPF) for purchase? What are the other charges...
