Anonymous

18 Apr 2019

∙

What are the fees involved in applying a BTO?

Not just application fee. Also stamp duty and etc?

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Kenneth Lou

09 Dec 2018

Co-founder at Seedly

You can read this! https://blog.seedly.sg/singapore-step-by-step-g...

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Jessica Chuah

10 Jul 2018

I'm making the assumption of taking a loan with HDB for the answers below. Number 3 and 4 may defer a little if you choose to opt for bank loan

Fees involved include the following:

Upon submission of choice of ballot location and flat type: $10 Application Fee (via Credit/Debit card online)
Upon attaining a queue number and going down to HDB Hub for flat selection: $2000 option fee applies (via NETS)
Upon signing of option to purchase: 5% downpayment (via CPF and/or cash/cheque/cashier's order)
Upon signing of sale and purchase agreement: Balance downpayment and 1 to 3% legal fee and stamp duty (via CPF and/or cash/cheque/cashier's order)

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Randall Tan

10 Jul 2018

Coffee boy at Century Piano

https://blog.moneysmart.sg/property/hdb-bto-fla...

Check out this guide, it pretty sums up ...

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Going into Uni soon (4 years) which I will be paying for the tuition fee myself and plan to start applying for BTO next year, any advice on the best way to save to juggle my finances?

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I am first timer applicant who has already applied once for BTO (unsuccessful). If I were to apply for the upcoming BTO (successful) but decided not to get the BTO, am I still considered as 1st time?

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