condo is so expensive

just do some research on buying condo! so expensive !!! :( if i win Toto, it would be great :)

80% bank loan

20% down payment (5% cash, 15% CPF)

Stamp duty = 3% - 5,400

Additional stamp duty = 5%

Lawyer fees = ?

So we roughly need to pay 30% . a newly and going to be constructed condo with 2 bed rooms will need 650k++ (cheap one). And then we need to wait around 3.5 years to get the key. Subsequently need to pay property tax.

Shocking. Need at least 200k.

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