AskGuru Q&A Community

Get answers from PropertyGuru experts in 24 hours

Asked by
I am interested to buy a resale flat. Can I use my cpf to pay for the initial downpayment and stamp duty without using any cash and have the remaining used to cover portion of purchase price?
0 •
866 views
Upvote Upvoted
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

1 Answer

Mike Lim
Replied
Afternoon Edison,

If you are taking HDB loan, you can use your CPF to settle the 10% downpayment and legal plus stamp fee. However, you are still required to pay the COV with cash.

FYI
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
0
Upvote Upvoted
  • XT
    Replied
    Is COV applicable for 2 room flat too?

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

Ask Your Question
Previously Asked Questions