We would like to buy a 2Bedroom HDB in tampines.
How much does it cost for me?How much will be the loan provided?And how much will be the monthly installmentI have to pay?
and how much cash I need to have in hand to fulfil the formalities?
I would like to buy a normal HDB and not planning now for furnishings.Just a bear house how much will it cost I like to know!!
How much will it cost for me if i buy a 2BR HDB in?
Do you mean a 3 room HDB Flat. At Tampines it cost around S$150K - S$180K. It depends on the condition of the units. . Why dont you call a real agent. He will be able to guide you.
How much will it cost for me if i buy a 2BR HDB in?
We don't call it a 2 bedroom HDB. We usually call it a 3-room flat.
Price varies between $140k - $200k depending on condition and location. You can check the latest transaction price on HDB's website.
HDB will grant you up to maximum 90% loan on the valuation of the unit if you fulfill their requirements.
Monthly instalments is around $505 - $720 based on the above value.
You might have to come out with cash if the seller ask for more money on top of the valuation amount. This is legal and you will have to pay the extra cash to HDB, HDB will then disperse to the seller on the 2nd appointment.
You will need to pay for
1.) Cash above valuation.
2.) Up to 1% commission for a housing agent if you engage their service.
3.) Valuation fee.
4.) Option fee of up to $1000.
5.) Deposit of up to $5000.
6.) Service and conservancy charge. First 3 months, few hundred dollars.
Most of the other amount can be payable by CPF.
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