Q: What are the privileges for me if I buy a property through www.newcondo.com.sg?
A: Besides enjoying special discounts, priority in unit selection for brand new launches, attractive prices direct from developer, most important of all, you will get the most professional advice, comparison between property launches and comprehensive market trends and analysis. As you can see, we do not just deal with 1 property launch or just property launches with any particular real estate agency, we deal with probably all property launches in Singapore.
Q: Do I have to pay you commission if I buy a property?
A: There is no commission payable as our commission is payable by the developers and the sellers, for the secondary market.
Q: I am a foreigner looking to invest in a property in Singapore. Am I eligible to buy or also take up a mortgage to finance the property?
A: Except for HDBs, executive condominiums and landed houses, all foreigners are eligible to buy any private property including private condominiums, apartments & commercial properties. You can take mortgage loan of up to 80%, subject to banks’ approval.
Q: What are the taxes and other costs involved for buying a property in Singapore?
A: There will be stamp duties payable when you buy a property in Singapore and they are as below. Besides the stamp duties, there will be legal fee (about SGD2,500 +/-) for engaging a solicitor to handle your purchase. If you are taking up a mortgage loan, there will also be mortgage stamp duty and cost for a valuation report (just a few hundred for both, depending on your mortgage amount).
No worries, we can facilitate everything nicely for you. We also compare the latest packages from the various banks to ensure that our clients get the best deal.