2 Answers

YT Tan (陈永达)
Good afternoon Sir/ Mdm,

option fee has to be paid in cash for resale HDB purchase. You can use CPF or cash for your mortgage repayment.

Hope my sharing helps in aiding in your enquiry. May I know how can I value add further in your property needs?

Best regards,

YT Tan
Property Kaki
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1) It is true that the CPF allowed reimbursement for the option fee on BTO flat purchase. You will have to pay the option fees first in cash then apply for reimbursement from the CPF. You have to do it at the HDB.
2) But in the resale flat purchase, this option fees paid cannot be reimbursed. This amount paid will be considered as part of the payment for the purchase.

Hope the above answer your main concerns, but if there are more query, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK

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