7 Answers

Hi,

Yes your spouse can use CPF OA monies to finance the condo. Do note that ABSD of 5% applies if its her 1st residential purchase.

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

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
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Hi. yes.
Have you gotten an in principle loan approval? Also please note that your are subject to ABSD.
Feel free to reach me via 91442664 
Tricia Tan 91442664  Read More
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Dear buyer,

Yes, your spouse is able to utilise the CPF for financing the purchase.

Do take note of the ABSD applicable in the following scenario on top of the normal buyer's stamp duty of 3% applicable:

1) Joint Purchase - 15%
2) Spouse purchase as sole owner - 5%
3) You purchase as sole owner - 15%

Hope the above is clear. Do speak to your banker to do a comprehensive financial assessment to determine what is the best option moving forward from a financial perspective before deciding what you would like to do.

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Regards,

Geryl LIM
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Global Alliance Property (L3010679B) - Century 21
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Afternoon,

If you are buying the unit with your spouse, you will be eligible to utilize her CPF for the payment on the unit. However, as your are on LTVP, ABSD of 15% will be payable.

Do feel free to contact me should you require additional assistance.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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Hi,
If your spouse is one of the owner of the condo, yes can utilise the CPF OA.

To assist and advise you more in details, kindly drop me an email for me to share.

I am contactable at my mobile or email.

CK Ang
 9046 3808 
res.ckang@gmail.com Read More
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Dear Sir/Mdm,

It will make financial sense to purchase the condo under your spouse sole name as you will be able to save on the Additional Buyer Stamp Duty (ABSD) and also utilize the CPF funds in the OA account.

Please feel free to contact me so that I can understand your needs better and assist you better!

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
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GAN ENG JOO ONASSIS
Dear Buyer,

Re: Today’s SG Professional Choice- SGAgent.com & SGRealtor.com

Yes, as long as your spouse is owner, she or he can use CPF to pay the house.

I am contactable at 92222389  or onassis@sgagent.com / sgrealtor.com

In all Areas of Singapore. Sale/Buy/Lease/Rent, Please call and/or drop me an email me. I’m always at your Services.

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