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Hi i have some queries on purchasing resale flat.
I have already sold my hdb flat (bought from hdb) and would like to purchase a resale flat now. Question is am i able to purchase a resale flat without taking any loan (hdb/bank) and utilising solely only my and spouse cpf? I understand that there is cpf withdrawal limit on this. And how do we check the limits?
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3 Answers

Morning,

If both of you have enough CPF OA to cover the purchase price or valuation price of the unit (whichever is lower), and either or both of you are not above the age of 55, you will be eligible to utilize all your CPF OA for the upcoming purchase.

FYI
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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Dear sir,

As what Mike has mentioned, you may also wish to visit this link:

http://www.cpf.gov.sg/cpf_info/calculator/vl/vl_input.asp?prof=

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J.A. Goh 吴永益
Hi, as now you do not own any flat, for your next HDB purchase, you may utilise all yours and your wife OA in the CPF account. If combined amount is enough to clear the HDB, you may do so without taking any loan. Let me know if you need assistance to search for a unit. I can bring you around for viewing till you found your dream house. Feel free to contact me anytime.

Best Regards,
J.A.Goh
ERA
HP: 96390350 
Email: gohja@singnet.com.sg Read More
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