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Hi Tanker,

Did you buy your flat with CPF grants?

If your flat is not yet fully paid up, your next loan is only at 60% of the purchase price or valuation whichever is lower. The rest can be made up of cash and/or CPF. For CPF use you have to set aside your Minimum Sum of $69,500. This amount is from both OA and SA. The current MSS is $139,000. Pledging your flat will reduce the amount by 50%.

Call me at 96422792  for a discussion on your needs. Or if you prefer, youu can email at fxnhomes@gmail.com

No obligations.

Regards

Francis Xavier Nathan
Asst Head Training cum Team Director
CBRE RAPL Read More