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Hi,

I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead. By the way, yes you could.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Hi,

Yes its possible if CPF monies and sufficient and you are buying under construction property. Perhaps you could share more about your scenario so I can advise the best way?

Hope the above clarifies. May I have more info and requirements about your plans so as to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,

Ivan Ng Realtor
ERA Senior Marketing Director
ERA Diamond Achiever

SEAA Salesperson Achievement Award 2021 (Gold)
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-- EC Sellers, Private Property Buyers Dr. Chan & Ms. Xie --

I would like to compliment Mr Ivan Ng for his professional work and effort.I sent my first post in Jan 2019 and Ivan replied promptly, so I have decided to contact Ivan for follow up. My EC was not ready for sale due to MOP (another 3 months from Jan) at that time and Ivan was able to give me advices on how to proceed from there. Initially we have decided to try to write to HDB for early sale but since it was only 3 months left, eventually we waited for another 3 months while we looked for our next property. Ivan was able to arrange for new property showroom appointment at a timely manner while helping us to list for our EC for sale. We were a bit worried when our EC sale time was longer than expected due to trade war, but Ivan was able to reassure us that our EC would sell. By November, he managed to secure a buyer for our EC. Thank you. Read More

Hi,

Yes, it is possible. However, do take note that if you're purchasing a resale private property, you will need to fork out the amount in Cash first. This amount will then be reimbursed back to you upon the legal completion.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More

Dear Sir/Mdm,

Yes it is possible to use CPF to pay for buyer stamp duty and ABSD. However for resale properties, you will need to pay in cash first and apply to reimburse from CPF.

Please feel free to contact me so that I can give you an overview of the purchase process and highlight to you the important issues to take note of.

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
SEAA Salespersons Achievement Platinum Award 2020
Visit my website to know me better: www.nicktan.com.sg

I was featured recently on Council for Estate Agencies (CEA) Newsletter:
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I have written a guide on buying Residential Property:
http://bit.ly/buypropertyguide

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Ms Chia (Buyer)

“Nick provides a delightful customer experience from day one when I engage him as my agent to look for a flat of my choice to the completion of the deal. He is competent, resourceful and has a pleasant manner to work with. He is the Agent of my choice in dealing with properties and I would highly recommend him to others who would appreciate an agent that takes care and can give the customer a peaceful mind.”
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We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
Mr & Mrs Tan (Seller of Inter-Terrace House) Read More

Good evening Sir/ Mdm,

it depends on scenarios.

You can use CPF OA funds to pay stamp duty and ABSD if you are buying a building under construction (new developer unit).

But if you are buying a resale property, you will have to pay in cash first. If you have sufficient CPF OA funds, you can apply for reimbursement of stamp duties back in cash.

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
You dream. I create. We make it happen!
Association of Chartered Certified Accountants Graduate
Singapore Accredited Mortgage Planner

Contact:
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You will receive free sms update on a monthly basis.SRX property tracker: http://bit.ly/yt_proptrack Read More

Hi Sir/Madam

It will be depend
- For building under construction
You can use CPF OA to pay stamp duty and ABSD
- For resale property
Usually will have to pay in cash first.
If you have sufficient CPF OA funds, you can apply for reimbursement of stamp duty and ABSD back in cash.

Are you looking to purchase?
I will be glad to assist, no agent fee from private property buyer
I have current price list, promo of every projects in Singapore and will be glad to advise you

I won't be able to contact you first from PropertyGuru
Appreciate if you can contact me at (65) 96608508 
or click here https://bit.ly/WaSilvia to whatsapp me for no obligation discussion
Thank you.

Warmest regards,

Silvia Yang

Senior Marketing Director
ERA Realty Network Pte Ltd
Mobile: (65) 9660 8508 
Email: Silviayang8@gmail.com Read More

Hi,

1) The answer is affirmative.
2) However the buying process is different for new projects and resales. You might need to prepare to pay in cash first before applying for reimbursement.
3) For a new project, there is ample time for the lawyer to get approval from the CPF to release funds for the buyer stamp duty and ABSD.
4) Whereas in resale, the exercise of OTP to stamp duty due date is only 2 weeks (weekends inclusive), therefore you have to pay in cash first. Reimbursement from the CPF will only be materialized upon completion of the transaction, which is usually 3 months later.
5) So you have to carefully plan your funds according to which type you are buying.

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
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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Certainly! If you’re using CPF funds and purchasing an under-construction property, it’s possible. However, for a resale private property, you’ll need to pay the amount in cash initially. The reimbursement will occur upon legal completion. Read More