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I am confused about the reimbursement of Stamp duty. For example, if my stamp duty is $10000, and i pay in cash. The remaining 15% of the downpayment is $100k. If our CPF accounts have a total of $102k, will I get the reimbursement of $2k for my stamp duty?
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6 Answers

Hi ,

You may use CPF monies to pay for stamp duty if there is sufficient.

Stamp duty is payable within 14 days from the date of the Sale and Purchase agreement or the date of acceptance of the option to purchase. You will now need to use cash or take up loans to pay the stamp duty first, and subsequently apply for reimbursement from your CPF when your lawyers submit your application to use CPF for the property purchase.

If your CPF monies is sufficient, you may apply for the entire $10k back in cash.

Given the examples you provided, you can only apply for the reimbursement of 2k back in cash.

Regards
Michael
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----------------------------888--------------------------------888--------------------------->>>

(1) "If you need more assistance with property matters:

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WhatsApp me at: ✔✔ABLE Toh (65) 9856*9255 or through this link.:https://wa.me/6598569255

(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

(2) (***) ✅✅ You can READ my REVIEWS here: Able Toh ✅✅

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✅✅ (CHINESE VERSION : 简体中文版本)
(1) 如需协助任何房产相关事宜:
租房 / 买房 / 卖房 / 投资,我都可以帮忙!

*** WhatsApp:诗强 /ABLE Toh(+65 9856-9255  )
*** https://wa.me/6598569255
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(2) ✅✅ 你可以在这里查看我的客户评价:诗强 /ABLE Toh
https://www.propertyguru.com.sg/agent/able-s-k-toh-61591

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*** ✅✅ 联系电话 (诗强 ):+65 9856-9255 

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