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Hi, just wanted to check on the % downpayment needed if I want to buy a resale private condo/apt. Understand it's usually at 20%. Can I use my CPF funds to pay for the rest?

If it's a new development, besides the 5% cash, can I pay the 15% using CPF funds?

I'm interested in a 3 bedroom unit in the North area, around Yio Chu Kang, Serangoon. Are there any going for about 600k - 700k?
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1 Answer

J.A. Goh 吴永益
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Hi JR,

Yes, first 5% must be in Cash, next 5% or more by CPF or Cash. Balance you can discuss with bank for loan.

I am familiar with YCH area, like Castle Green, a nice place. Let me know if you are keen on any particular property. I hope to assist you in your dream home hunting.

Thanks & Best Regards
J.A.Goh - ERA
HP: 9639 0350 
Email: gohja@singnet.com.sg Read More
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