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Anonymous

15 Dec 2021

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Condo Bank Loan is 75%, payment upon S&P is 20% incl option fee. Where does the 5% goes to?

With reference to Blog Post https://blog.seedly.sg/private-condo-payment-ti...

I am trying hard to find where the 5% comes from and can i choose after CSC (After TOP), for the 5% paid with cash?

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Bang Hong

16 Dec 2021

Sustainable Spender Specialist at Spender Bang

It will be on the foundation work segment, where you pay 5% (Cash or CPF), loan 5%. This is standard, and its typically 6-9 months after first day of launch the developer will call for this payment. Fyi, but please check with your agent/developer for more info.

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thebasic

15 Dec 2021

5% is the cash down payment you made when you exercised option to purchase

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