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2 bedroom B1-M

Unit Information
Analysis
Financing
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Chuan Park

2 bedroom B1-M

Fr. $2M (Fr. $2,509 PSF)


floorplan

700

bedrooms

2

bathrooms

1

0% Sold

0 units available

Unit Information

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Unit Type
2 bedroom B1-M
Floor Area
700
Availability
0 units available

Analysis

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Expected Rental Yield

2%

Est. Rental Price (8PROP Value)

$3,510

The expected Rental Yields are calculated based on the average rent PSF of condos less than 2 years old in the same neighborhood of this project against the estimated purchase price of units in this project. Rental prices are estimate rental value based on 8PROP Automated Valuation Model (AVM).

Financing

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Payments
Mortgage

Initial Payments

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Note: The stamp duty, property taxes, legal fees and other professional fees are not included in the transaction price

Your home ownership starts here

Booking

• Upon the grant of Option to Purchase (OTP)

• 5% of purchase price

Cash

Within 8 weeks

Sale and Purchase (S&P)

• Upon signing of S&P

• 15% of purchase price

Cash
CPF

Buyer’s Stamp Duty (BSD)

Cash
CPF

Additional Buyer’s Stamp Duty (ABSD)

* The ABSD rates vary based on the profile of the buyer and the number of residential properties owned at the time of purchase.

Cash
CPF

Calculate your ABSD amount


Progressive Payment Scheme

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Monthly loan repayment for Building Under Construction (BUC) Loan at each stage of construction. Your monthly payment will increase gradually as each stage of work is achieved by the developer.

** Timelines are only estimate and may vary. For actual progress, check with developer

Year 1

Completion of foundation work

• 10% of purchase price (5% Cash/CPF, 5% Loan)

Cash
CPF
Loan

Completion of reinforced concrete framework

• 10% of purchase price

Loan

Year 2

Completion of partition walls of unit

• 5% of purchase price

Loan

Completion of roofing / ceiling of unit

• 5% of purchase price

Loan

Completion of door sub-frames / door frames, electric wirings, internal plastering, window frames and plumbing of unit

• 25% of purchase price

Loan

Year 3

Completion of carpark, roads and drains serving the housing project

• 5% of purchase price

Loan

Temporary Occupation Permit (TOP)

• 25% of purchase price

Loan

Year 5

Certificate of Statutory Completion (CSC) is issued

• 15% of purchase price

Loan

The prices stated are only estimates based on previous release prices from developers. These prices may not be up to date and are subjected to changes. Please contact the listing agent to enquire about the actual and updated prices of individual unit types or specific units.

The information contained is for general information purposes only. 8PROP or its listing agents and agencies assume no responsibility for errors or omissions in the contents. In no event shall 8PROP or its listing agents and agencies be liable for any special, direct, indirect, consequential, or incidental damages or any damages whatsoever, whether in an action of contract, negligence or other torts, arising out of or in connection with the use of the information provided herein. Project Developer reserves the right to make additions, deletions, or modifications to the contents at any time without prior notice.