1 Answer

Afternoon Alex,

During the purchase of resale HDB unit, you can only use CPF to pay off 15% of the downpayment, if you get 80% loan. You can also use CPF for the legal and stamp fee.

You have to use cash for the COV, 5% of the downpayment (inclusive of the Option and Exercise Fee) and commission payable.

Regards
Mike Lim
 96929209 
ERA Read More
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