Buying a New Property

ORDER OF PAYMENTS FOR NEW LAUNCHES (in terms of % of purchase price)

Schedule of payments

Notes:

  1.  Option                                       5% in cash
  2.  15% (8 weeks later)                15% in cash and/or CPF
  3.  BSD and ABSD                         Cash is usually paid first, because CPF typically cannot                                                      be withdrawn in time; Buyer will be reimbursed by                                                            CPF subsequently

 

STAMP DUTY AND LOAN TO VALUE (LTV)

Stamp duty and LTV