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Hi ,

You are allowed to use CPF monies to pay for the 15% downpayment after you have set aside half of prevailing minimum sum which is around $77500. You can use rental income to pay the monthly loan. Do contact me at 9273 6096  for further discussion on your next house purchase :)

Regards
Alex
ERA
HP:9273 6096
email : Zheng_yanhui@hotmail.com Read More

Hi,

Yes you can use CPF in excess of 77.5k (half of minimim sum) for your 2nd property purchase. Please take note 7% ABSD also applies, and yes you can use rental income to pay off the loan.

Thanks and may I have your requirements further such as preferred location, size so as to value-add to your housing plans further?

Warm regards
Ivan ERA
 97432395 
Ivanng10@gmail.com
Website: http://www.ivanng10.com/#!reviews/c11r1
(Client's Testimonials) Read More

Afternoon,

Since the inherited unit have being paid using your parent's CPF, you will be eligible to utilize all your CPF OA for the purchase of the condo. This is subjected that you have never utilize your CPF on the inherited unit.

Do contact me further should you require my assistance.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More

Hi,

Congrats that you have a property fully paid and looking for a 2nd property investment.

Leave the works to us n drop us a call at 92222389  now to discuss further on your requirements.

Onassis Gan Eng Joo - CEA Reg No.: R021244C
CES Certified SG Realtor l SGRealtor.com
agent.myweb.sg (PropertyGuru) / agent.irealtor.sg (iProperty)

SG Hotline: +65 9222 2389 
Email: Onassis@sgrealtor.com
Skype: incomecare

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