Asked by Guru Anand
Hi
I own a HDB flat and lived there for 5 years. The outstanding loan to complete the loan is $20000/-. If I pay the outstanding amount of $20000/- can I use my CPF amount to buy a private property? Or still I need to have $57500 and the rest to be used for private property investment?
Please anyone clarify the rules prevailing.
Thanks
Anand
I own a HDB flat and lived there for 5 years. The outstanding loan to complete the loan is $20000/-. If I pay the outstanding amount of $20000/- can I use my CPF amount to buy a private property? Or still I need to have $57500 and the rest to be used for private property investment?
Please anyone clarify the rules prevailing.
Thanks
Anand
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