2 Answers

Zheng Yanhui(Alex)
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
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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
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