Hi Mr Poh,
Technical point of view, you are definitely eligible to do what you have mentioned. You have to take note that for purchasing a 2nd residential property, you need to ensure that you have met your CPF prevailing minimum sum in your CPF account before being able to utilise the funds in CPF for purchase. It is also advisable to seek a banker assessment of your available funds for the upcoming purchase to have a peace of mind such that you need not worry about over committing in your purchase.
Let me know how I may assist you further where necessary.
Regards,
Geryl LIM
Senior District Manager/Real Estate Consultant
CEA Reg R014783H
Mobile:
+65-81577565 /+65-92787772
ECG Property Pte Ltd (L3009759F)
Dynamic Alliance Group @ www.DAG.com.sg
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