Sunday, July 20, 2008
Was reading up on the
HDB's website 2 weeks back to gather info on buying a flat from
HDB - the procedures, duration, docs required and costs etc.
Everything seriously costs a lot loh. Admin fee & Option Fee still ok, but the rest is like bloody complicated. All the stamp fee, conveyancing fee etc seems to be not a small amount. I suppose there should be enough in CPF for all these fees and downpayment, but still all the figures kindda scary. I suck at Maths ever since primary school and flunked my A-Maths all the way till 'O' Levels, so I am terrified of figures and formulas. Irony is I did quite OK in Statistics while in poly and now I face quotations daily in my work, figures & more figures. Faintz....
I know a bit kiasu to like start looking at such info now when we can only apply for the flat in Oct and we don't even know if we can get one. But with our busy schedules and me being rather slow and lazy (AND Mr Jimmy Lim never does any of these, always me... grumbles grumbles), I thought it would be better to have all the info first and along the way add in more if required.
So this is what I have come up with so far!
There was a sample on the HDB's website to show the actual calculations, but its based on selling price of $98K. Duhz... Where got flat cost $98K nowadays? Not zun one loh...
Gonna gather info on the renovation loans from the different banks now, haiz.... Kaching, kaching gone...
Brenbren at 1:07 PM
