SELLER'S & BUYER'S GUIDE
SELLING & BUYING INFORMATION


Seller’s Guide

There is a check list for home owners. For more information and understanding of your sales and purchase procedures, we encourage you to contact us at info@poiserealestate.com

Buyer’s Guide

Before you purchase any property, you should familiarise yourself with some of the existing government policies which may affect your purchase.

Eligibility To Buy

There are several steps to purchasing a house whether it is your first or subsequent property.

If you own a HDB flat, DBSS flat or Executive Condominium, you have to fulfil the minimum occupation period before you can purchase private residential properties. If you are not a Singapore citizen, you have to obtain approval from the Controller of Residential Property before you may buy landed houses (including strata landed houses).

Take note that there are limits on the use of CPF monies for property purchase. There are also rules on the amount of loans that can be borrowed to finance property purchase. Besides the price of the property, other fees such as buyer and seller’s stamp duty, legal fee and property tax or CST are payable.

Read through the Option to Purchase and Sale and Purchase Agreement carefully before signing the documents or placing a booking fee. For more information, please contact us at info@poiserealestate.com.

Your Finances

Before paying any booking fee, you are advised to check with our salesperson or banker to find out more about a loan application. There are other fees payable when purchasing a residential property, such as buyer and seller’s stamp duty and property tax. You may also have to pay a fee for a valuation report for the property to be purchased which is required by banks and the Central Provident Fund (CPF) Board as well as your representative salesperson’s commission.

There are limits on the use of CPF monies for the purchase of properties. Information on the use of CPF monies and how proceeds of sale from your previous residential property will be handled is available from the CPF Board’s website.