3 Answers

Hi,

Yes you can do so, provided you meet the relevant CPF policy requirements such as Minimum sum (if it affects you) . Thanks and hope to assist and discuss further.

Warm regards
Ivan ERA
 97432395 
Ivanng10@gmail.com
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YT Tan (陈永达)
Good morning,

The maximum you can use will be the withdrawal limit and it will be 120% of the valuation limit. You can refer to the following links:

https://www.cpf.gov.sg/Members/Schemes/schemes/housing/public-housing-scheme

https://www.cpf.gov.sg/Members/Schemes/schemes/housing/private-properties-scheme

If you need further assistance or advice in your property needs, feel free to contact me. Cheers!

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Vice President (Agency)
R043025D
Property Avenue Pte Ltd
Estate Agent no. L3010650D
Blk 420 North Bridge Road #03-30 North Bridge Centre S188727

(M): +65 9111 5171 
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(W): www.propertyavenue.com.sg Read More
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Afternoon,

In general, if you are using CPF monies to settle the 15% downpayment and stamp duty, you should be able to utilize the balance to reduce your mortgage loan amount. This is provided that the leasehold property that you are buying is not more than 40 years.

Do contact me further should you require my assistance.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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