Agent Fee & Stamp Fees Hw Much?

[elaine81 1]

Hi , we will be going for out sobf mar '12 soon . But I am still quite blur with some figure . How many percent for agent selling comm? & how to calculate the stamp fee ? Stamp fee based on previous flat or current flat which we r staying ?any other charges that need to be pay ? Any help will be appreciated.

[therat 18]

U want to sell HDB or private COndo.

I don't understand your posting.

What is sobf?

[realconsultant 0]

U want to sell HDB or private COndo.

I don't understand your posting.

What is sobf?

sale of balance flat sobf

[realconsultant 0]

Hi , we will be going for out sobf mar '12 soon . But I am still quite blur with some figure . How many percent for agent selling comm? & how to calculate the stamp fee ? Stamp fee based on previous flat or current flat which we r staying ?any other charges that need to be pay ? Any help will be appreciated.

If you buy direct from HDB, there no need for agent fee. Stamp duty is 3% of the purchase price of you sobf. There will be others charge which amount to another 2~3% and all these can be pay through CPF.

If this is your 2nd subsidise flat from HDB, then you will need to pay levy. the levy is based on your previous flat size. 3room - $30000, 4rm - $40000, 5rm - $50000, EA/EM- $55000.

[Bento28 0]

To add on,

If this is your second HDB loan then half of your proceed will be channel to your new house loan.

[realconsultant 0]

To add on,

If this is your second HDB loan then half of your proceed will be channel to your new house loan.

That true, Half of the sale proceed come from the HDB(with 1st HDB loan) that you have sold previously. the problem is , many home seller have already use the cash proceed and cant top up CPF with cash.

Edited July 10, 2012 by realconsultant

[bepgof 20]

If you buy direct from HDB, there no need for agent fee. Stamp duty is 3% of the purchase price of you sobf.

Corrections:

1. If buying price >$360,000, use this formula:

(Buying pricex 3%) - $5,400

2. If buying price <$360,000, use this formula:

1% of the first $180,000,

2% of the next $180,000,

3% of the remaining amount balance.