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Asked by Naz 1 Apr 2012

If I sell my current private property, can I re-use the CPF monies immediately to purchase another private property or is there a wait period?

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Mike Lim · Answer 1 · 2012-04-01T21:18:02+08:00

Mike Lim

Replied 1 Apr 2012

Evening Naz,

Upon selling your private property, your CPF monies should return to your CPF account after 14 days of completion date.
If you are using the same lawyer for purchase and sales, it's easier for them to compute and work on your sales. Whatever the case, it's best to have the timing of the transaction planned.

FYI
Mike Lim
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