How much upfront cash do you need to buy a Singapore condo now?

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The latest rounds of property cooling measures announced in early July has made buying private properties in Singapore more expensive than ever.
Stamp duty for Singaporeans and permanent residents buying their second or subsequent properties, and foreigners buying residential property will see increases of 5 percentage points from 6 July 2018.
How much cash do you need for your down payment now with the new cooling measures? What are some other miscellaneous charges involved in your condo purchase, and when can you use your Central Provident Fund (CPF)?
Assuming you meet the Total Debt Servicing Ratio (TDSR) framework, here’s the minimum amount of upfront cash you will need to fork out based on your loan amount, and also the stages of payment in which you can use your savings in your CPF Ordinary Account (OA) to purchase private residential property.
In this article, we look at two common scenarios:
1) A Singapore Citizen buying a first residential property
In this scenario, we assume you are a Singapore citizen buying your first property. One project that is particularly popular with Singaporean buyers is the 729-unit The Tre Ver. The leasehold project in Potong Pasir drew a crowd of 3,000 on the first day of its preview despite the recent cooling measures.
The Tre Ver is located at Potong Pasir Avenue and will overlook the Kallang River. Designed by WOHA – a Singapore-based architectural practice renowned for their integration of environmental and social principles in their designs – most of the existing trees lining the project’s riverfront will be preserved throughout the various stages of its development.
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The crowd at The Trever in the afternoon on the first day of preview (Credit: UOL Group)
If you’ve had your sights set on a three-bedroom unit at the project, which is priced at around $1.5 million, here’s a breakdown of how...