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Hi currently we are staying in 4 room flat in Yishun which was bought by cash and fully paid at the cost of $160,000. We are looking to upgrade to 5 rooms flat somewhere in Woodlands or Yishun area. As i hv paid my current house in cash if it possible for myself and my son which 23 years old to share buying the new flat in which case he will use his cpf to pay the outstanding monthly. I will pay my share of my selling flat in cash. As he just started work can you advise on how he can go about to pay his share?
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3 Answers

Jasmine Lim 林慧晶
Good Day Rozi,

You can do a contra for your new 5rm unit. Yes you can buy with your son for the new unit.

Your son can use his CPF to pay for the new unit, depending on his income, his CPF may or maynot be sufficient for the monthly loan payments.

You can pay your monthly loan by cash if you do not have cpf.

Will need more information to advise you accordingly.

My team and i specialise in Yishun and Woodlands area, do drop me a sms / email so i can share with you more details.

Cheers,
Adrian Tay HSR
 81383865 
adrian@sgproperty.asia Read More
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"If you need more assistance with property matters:

like renting / selling, buying / or investing, I'm here to help!

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(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

You can check out my reviews here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

For buyers, I offer solutions for sourcing resale and new private homes at no charge.

I can connect you with reputable bankers for private housing loans free of charge and with no obligation.

I also have partners to assist with mortgage home insurance matters.

Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份) :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!

*** You can reach me at my Singapore mobile: (+65)>>9856 9255>> or email me at Able.selling@gmail.com.

From: ABLE Toh- Your Property ASSISTANT :)

“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”

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