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Hi wins,

once your HDB resale flat MOP, you can invest in private properties. Since your unit is fully paid, you can loan up to 80% of purchase/ valuation of the private property. Downpayment will be 5% cash and 15% CPF.

Touching on CPF, you must set aside $65,500 before you can use the excess savings in your Ordinary Account for the second property. Savings in the Special Account (including the amount used for investments) and Ordinary Account can be used to meet this required amount.

I hope I had clarified your doubts, if you still need any assistance, feel free to contact me.

Warmest Regards,
YT Tan
ECG Property
Mobile: 9111 5171 
Email: yt.lovelyhomes@gmail.com Read More