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Hi, I am a current HDB flat owner. I understand if for EC purchase, a 5% Cash booking fee is applicable and you pay the balance of the downpayment(15%) within eight weeks from the date of the Option to Purchase. If there are not enough monies in the CPF account, do we have to pay in cash? Can the developer wait till we sell off our HDB closer to TOP because by then we will have plenty of money in our CPF accounts?
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1 Answer

J.A. Goh 吴永益
Replied
Hi Peter,

Yes, cash top-up is required if your CPF is not enough.

Not possible. If your 15% is not paid, developer will take it that you back out and part of your deposit will be forefeited. You can also check with your bank if personal loan is possible for your 15%.

Please feel free to drop me an email or call me directly for a non-obligation discussion, if you still have further questions. Alternatively, we can also meet up to discuss
at your convenient time and place.

Thank you & Best Regards
J.A.Goh
HP: 9639 0350 
ERA Senior Marketing Director
CEA Reg No. R025894Z
CEA License No. L3002382K
www.gohjaERA.myweb.sg
Email: gohja@singnet.com.sg Read More
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