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Hi, you may like to consult your existing agent.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Hi,

There are 2 options:
(A) Enhanced Contra Facility:
1) Negotiate with buyer and seller so that you could apply for Enhanced Contra Facility (ECF).
2) By using ECF, there will not be any delay in CPF returned issue.
3) HDB Customer Relation Manager (CRM) will arrange in such that all CPF returned to pay for purchase unit directly.
4) There is a limit on using ECF:
(i) You shall be the only one that using this facility. Your buyer and seller have no intention to use such facility.
(ii) 2nd limit is you have to submit both OTP on the same day.
(iii) Both your buyer and seller willing to wait to submit together.
(iv) Returned CPF + accrued interest is not allowed to be used for legal, stamp duty payment, etc. You have to pay such fees using existing CPF OA or in cash.

(B) Time your CPF returns well
1) On paper, CPF returned should be back into your CPF OA within 14 working days. This is what the HDB officer mentioned.
2) When you asked anyone else, to be on the safe side. Catered 3 weeks which is more than 14 working days. This is to avoid situations where holidays fall on any of the days in the 2 weeks, and CPF unable to return on time.
3) Apply for an extension after completion. Do note you must already confirm your purchase in order for this application to go through.
4) For your buying end, you may apply for early renovation if the seller is able to shift out earlier.

If both above cannot be achieved, you still can resort to finding a short-term accommodation, (bunk with your family for a month or so).
Find a reliable contractor that could complete the intensive hacking and wet work in the shortest time which usually lasts for 2~3 weeks at most.
You can shift in once electrical and waterworks are completed.
As Wardrobe and cabinet installation and the building are on the final stage. Although there are noise and dust, it is still within bearable level though not ideal.

Hope the above answer to your main concerns, but if there are more query, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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