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hi Condo experts,

Can i use CPF to pay for bsd and absd after i have set aside half of the cpf min sum?

1) buying brand new condo before TOP
2) resale condo under 10 years

i don't intend to let go of my hdb.

Thanks!
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5 Answers

Hi Rose, ABSD is payable in cash and hope that I could assist you further.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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Hi Ms. Rose,

May I have more details? Its difficult to give accurate advice without enough information. Thanks and hope to value-add to your plans further.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

Email: Ivanng10@gmail.com
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(Client's Testimonials) Read More
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  • RL
    hi, what are the other info you need? I'm a local in her 40s. hdb fulfilled mop. thanks.
Hi Ms Rose,

Basic Stamp Duty and Additional Buyer Stamp Duty are payable within 14 days from the exercise of an option for both new condos and resale condos. Both are payable by CPF but usually, ABSD will need to be paid using cash first and subsequently reimbursed using CPF if you have sufficient CPF.

Please feel free to contact me at 9644 4854  if you have further questions.

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nicktan@propertyavenue.com.sg
(W) www.nick-tan.com / www.propertyavenue.com.sg

Testimonial from Satisfied Clients (2015)

“Nick from Property Avenue has conducted himself ethically and professionally when handling the sales of our property. Thanks to his patience and perseverance, we managed to secure a sales price beyond our expectations.

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)

“Nick is a responsible, efficient and excellent salesperson. He has very good knowledge of the real estate market and I benefitted a lot from his advice and sharing. He is extremely patient when guiding me through the buying process and I am happy to secure a dream house within my budget with his assistance. A highly recommended salesperson who made my house hunting journey a breeze.”
Ms Chia (Buyer of HDB)

“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.”
Susana (Buyer of HDB)

“Nick is very pro-active in helping us to resolve whatever questions and problems that we encountered. All the issues are settled even before us having to request or ask for a second time. He was very frank and transparent with all the details, limitations and advantages that we wouldn’t have known. I think this is the most important virtue to be successful in this line. I will surely recommend him to anyone who needs his service because I trust that they will be equally satisfied!!”

Mr and Mrs Chan (Sold and Bought through Nick) Read More
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GAN ENG JOO ONASSIS
Hi Rose,

Re: Our Preferred Experienced SG Professional

ABSD payable in CPF as long as you have sufficient CPF. Which private condo you are keen now? Will give my recommendation accordingly :)

Call us now, we can explore further in detail.

We are contactable at 92222389  or onassis@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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Hi Miss Rose,
If the time is sufficient, you can use CPF to pay for both BSD and ABSD. Lawyer will assist you to settle all.

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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