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Can Singaporean who owns a HDB flat and completed the HDB mortgage loan payment withdraw available CPF money to invest on 2nd home (private) - if so how much can be withdrawn. What will be the downpayment towards the 2nd home in such a case.
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1 Answer

Valerie Serene Chew
Replied
Hi Sam,

Yes you may use your existing CPF for a 2nd home at minimum 15% of the Cpf.

You can loan lesser if you have sufficient CPF(Use more CPF). You can only purchase a PTE Property after you have fulfilled your Minimum Occupational period.

You can contact me for more details.

Hear from you soon.

Thank you and Happy New year! Read More
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