Asked by Mahathir Mohamad
I've bought a new flat from HDB under the BTO scheme recently. 10% of my CPF has already been deducted for downpayment of the flat.
I am now looking for a condo or private property in the range of 700k - 1M.
Am I now still eligible to buy a private property and use the remainder of my CPF for the downpayment of the private property while waiting for my BTO flat to be completed?
If it is allowed, are there any implications when HDB finds out that my CPF has been wiped out from the purchase of my new private property purchase.
I am now looking for a condo or private property in the range of 700k - 1M.
Am I now still eligible to buy a private property and use the remainder of my CPF for the downpayment of the private property while waiting for my BTO flat to be completed?
If it is allowed, are there any implications when HDB finds out that my CPF has been wiped out from the purchase of my new private property purchase.
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