September 2013 BTO

[marcus70]

As long as one applicant under 30 at pt of application then can do staggered downpayment.

Simplify explanation,

1st Appt:
- $2000 option fee for 4rm and above, $1000 for 3rm and below

2nd Appt:
- 5% Downpayment from CPF(Cash top if not enough)
or - 10% Downpayment from CPF(Cash top if not enough inside O/A)
- Stamp fees, conveyancing fees etc etc from CPF

3rd appt(Taking possession of unit)
- Remaining 5% DP(If eligible for staggered DP)
- CPF wipe out before final loan amt is known(Straight to this is not eligible for staggered DP)..

Hi is there a possibility for 2nd timer to pay only 5% downpayment during second appt as cpf not enough

 

[Gixxerfied]

Hi is there a possibility for 2nd timer to pay only 5% downpayment during second appt as cpf not enough

If surname khaw maybe got chance

I don't think so. Better for u to call hdb to find out..

 

[c1528351]

That means to say if u cannot afford tthe 5 to 20 percent payment which is in cash...u cannot apply for BTO

 

[pinklady1981]

As long as one applicant under 30 at pt of application then can do staggered downpayment.

Simplify explanation,

1st Appt:
- $2000 option fee for 4rm and above, $1000 for 3rm and below

2nd Appt:
- 5% Downpayment from CPF(Cash top if not enough)
or - 10% Downpayment from CPF(Cash top if not enough inside O/A)
- Stamp fees, conveyancing fees etc etc from CPF

3rd appt(Taking possession of unit)
- Remaining 5% DP(If eligible for staggered DP)
- CPF wipe out before final loan amt is known(Straight to this is not eligible for staggered DP)..

Ok i hv enough cpf to cvr the 10% dwn... So no cash involved right to say?
Thks!!

 

[bearine]

Ok i hv enough cpf to cvr the 10% dwn... So no cash involved right to say?
Thks!!

Yes & No... Option fee is using cash. But will be refunded.

 

[Gixxerfied]

Ok i hv enough cpf to cvr the 10% dwn... So no cash involved right to say?
Thks!!

Make sure you have enough CPF monies for the stamp fees and such also which adds up to a few thousand depending on your target unit price.

 

[pinklady1981]

Yes & No... Option fee is using cash. But will be refunded.

Yupz tat i know.. I m referring to d dwnpaymnt... Thanks all!!

 

[pinklady1981]

Make sure you have enough CPF monies for the stamp fees and such also which adds up to a few thousand depending on your target unit price.

Hi gixxerfied, how to calculate all these mentioned fees?

 

[Gixxerfied]

Hi gixxerfied, how to calculate all these mentioned fees?

There is a shortcut but i cant rem what it is..

Alternatively the manual method is,

HDB InfoWEB: Stamp & Legal Fees at Sales Agreement : Buying A New Flat

The whole of A..

What is the price of the unit u're looking at?

 

[pinklady1981]

There is a shortcut but i cant rem what it is..

Alternatively the manual method is,

HDB InfoWEB: Stamp & Legal Fees at Sales Agreement : Buying A New Flat

The whole of A..

What is the price of the unit u're looking at?

Geeee.... Thks!! I saw the formulas n example frm d link u gave... Ok still manageable to pay w my cpf... Relieved... Thks uve bn a great help.

 

[2688Viv]

Eh. any idea what's the past drop out rate for punggol?

 

[Particles]

If im not mistaken, first queue no. should start early december.

 

[darthduckie]

The appointment with the ones with priority scheme is starting this week. Have received selection package.

 

[MrCoconut]

The appointment with the ones with priority scheme is starting this week. Have received selection package.

priority scheme? which area is yours?

 

[siewhf]

Eh. any idea what's the past drop out rate for punggol?

I don't think we know the drop out rate for booking, unless we monitor the booking on the HDB website everyday. But it is still not accurately know who actually drop out.

 

[wilfred]

I don't think we know the drop out rate for booking, unless we monitor the booking on the HDB website everyday. But it is still not accurately know who actually drop out.

For those who haven't select, you can log in and it will show the last Q for the day. from there you can check everyday how many dropped out.




Punggol Waterway View Facebook Page

 

[fabiaN__]

Hi gixxerfied, how to calculate all these mentioned fees?

stamp duty is (3% * price of HDB flat) - $5400.

this is IF the HDB flat costs > $360k..

CPF confirm enough to cover one... if you've been working for a few years + your SO also got CPF mah..

 

[victorian07]

priority scheme? which area is yours?

believe darth is referring to Multi-Generation Priority Scheme. my selection date starts this Fri too

 

[siewhf]

For those who haven't select, you can log in and it will show the last Q for the day. from there you can check everyday how many dropped out.

That's great.

I have a quene no., but where can I see the last Q for the day ?

I was not able to see the last Q after I login to HDB. Not sure am I at the right page ?

 

[valancefairy]

That's great.

I have a quene no., but where can I see the last Q for the day ?

I was not able to see the last Q after I login to HDB. Not sure am I at the right page ?

Which project did u apply? If the project has start it's selection, the queue no. will show when u login to My HDBPage > My E-services > Application Status - New Flat > Ref/Reg no.