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Asked by Vironica Ms 28 Feb 2011

Dear Guru,

If i buy a condo in singapore,
Can i pay bank loan montly from CPF ?

Please advise

Thank you.

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Mike Lim · Answer 1 · 2011-02-28T16:54:00+08:00

Mike Lim

Replied 28 Feb 2011

Afternoon Vironica,

Based on the assumption that this property is your only servicing property, you can utilise your CPF OA, to service your loan. Do note that this only applies conditionally.

For further detail and clarification, feel free to contact me,

Regards
Mike Lim
96929209
ERA Read More

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