Posts tagged with condo

  • 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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