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Hi,

If you are referring to HDB resale flat, you can use CPF OA direct to pay for the buyer stamp duty if there is sufficient CPF OA to cover both the stamp duty and downpayment.

Hope the above clarifies. May I have more info and requirements about your plans so as to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,

Ivan Ng Realtor
ERA Senior Marketing Director
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First-timer Buyers - Mr Wang & Ms. Ng : We want to convey our thanks to Ivan, who helped us find our first home. Ivan was very responsive when we first met, and took time to understand our needs and requirements for our first home. He helped us narrow down our criteria and gave us good advice on how to structure our mortgage as well. He also made a great recommendation of an area we never thought of, and it was where we eventually bought our home. We appreciate Ivan's thoroughness in pros and cons of all our options that we viewed. We never felt pressured or rushed to make a decision. In fact, Ivan gave honest and useful inputs on the considerations of acting immediately or waiting. All in all, it was a very smooth experience and we ate very happy with the unit we bought. Thank you very much, Ivan! Read More

Hi,

1) Yes, you are allowed to use funds in your CPF OA for the buyer stamp duty as long as it is sufficient to cover the BSD and down payment.
2) If you are applying for grants, the received grants can be used for the down payment as well.

3) The hearsay you heard about reimbursement is for those who are buying a private property. There are 2 types of situations that will create such situations:
(a) Buying a resale property. The timeline from exercising and the due date for BSD are too close that applying funds from the CPF cannot match the deadline of the BSD payment.
(b) Buying a new launch. The agent didn't advise the buyer clearly and didn't arrange in such a way for the law firm to put up an early request to utilize funds from the CPF board for the BSD payment.

4) This is uncommon for HDB flat purchases that you need to come out cash first for the buyer stamp duty. Both the HDB and private lawyer will apply to utilize funds from the CPF board for the buyer stamp duty on time.

Please give me a thumbs-up if the answer provided is relevant to your main concern. Thanks!!!

Hope the above answer your main concerns, but if there are more query, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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Hi

You may text 9620 0827  for a casual chat. We can share with you the transaction process and timeline including the estimated cash flow for your understanding.

Warmest regards

Gavin Read More

Dear sir/mdm,

You can make use of CPF OA to pay for the stamp duty, in fact you should check with your agent on this matter instead. Would you be interested in the new launch EC at Tampines North? Price has been released today and I have to say it has tremendous potential to grow. If you are keen, I can actually update you once the 1st booking day is completed on the balance unit and details.

I have been in the real estate business since 2009, with more than 13 years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.

We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!

Warmest regards,
Geryl Lim
Associate Group Director
Salesperson Registration No. R014783H
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
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Hi,

For HDB resale flat purchase, stamp duty can be paid via CPF. You do not need to fork out Cash to pay for it first.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More

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