Asked by Mr. Fabian Tan
I am currently looking to buy a resale unit. I've read that purchase of resale requires a down-payment in cash. Is this true? Can purchasing of resale be done entirely using CPF?
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1 Answer
Dear Mr Tan
Good day to you!
I’m Daniel Tan from Huttons.
I believe that in this case, you will be refering to HDB resales unit. The downpayment of a resales HDB can be done using CPF only, subjected to taking of HDB loan.
However do note that there will still be some cash components, mainly:
1. option fees and deposit - Read More
Good day to you!
I’m Daniel Tan from Huttons.
I believe that in this case, you will be refering to HDB resales unit. The downpayment of a resales HDB can be done using CPF only, subjected to taking of HDB loan.
However do note that there will still be some cash components, mainly:
1. option fees and deposit - Read More