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CPF minimum sum apply to Age 55 above.Your CPF OA can use to buy condo to pay for yr remaining downpayment.You will have to pay additional stamp duty if you own two properties.Your existing HDB Flat must be at least more than 5 yrs. Interested to buy recommend at Regent Park condo 2 rms 807sqft low flr partially furn poolview facing selling $890k neg. Bank indication Valuation $900k.Call 98212887  Jimmy Teow C&H group Visit www.jimmyteow.com Read More

Morning, I would assume that both of you are SC and have utilized CPF OA to pay for your current HDB unit. Hence both of you are required to set aside $72k each within your CPF before you are eligible to purchase your second residential property with CPF. Based on your figures, both of you should be able to fulfill this requirement. With 80% loan, you will be required to set aside $45k cash and $135k CPF OA for the downpayment. Do not forget the 7% ABSD payable via cash. Do feel free to contact me for further discussion. Regards Mike Lim 96929209  m52i@yahoo.com ERA Read More

Good afternoon! If both of you have utilized CPF in your current property purchase, yes both of you will have to keep a minimum sum of $74k each in your CPF account (OA + SA) before you can use the excess to finance the second property. How much SA do both of you have at the moment? The more you have in SA, the more OA funds you can use for your next purchase. Do bear in mind that you will be subject to additional buyer's stamp duty. 7% for Singaporean Citizens. Both of you should be able to obtain 80% loan as you don't have any outstanding loan but do take note the max loan tenure will be 30 years or up to retirement age of 65 years old. 80% will still be restricted to total debt servicing ratio. Shall I get my panel of bankers to advise you on your in principle approval? Hope to hear from you soon! Cheers! Warmest Regards, YT TAN 陈永达 | ACCA Graduate, RES Senior District Manager R043025D ECG Property Pte Ltd (A Wholly Owned Subsidiary of ECG Group of Companies) Estate Agent no. L3009759F Blk 190 Lorong 6 Toa Payoh #05-508 S (310190) (M): +65 9111 5171  (E): yt.lovelyhomes@gmail.com (W): www.yttan.com (W): yttan.stproperty.com.sg/ (W) www.lovelyhomes.com.sg (W) www.ecgproperty.com Read More

Good day sir / madam .......absd payable n mnimum $74k cpf to be maintained in cpf EACH if both wish to keep existing 1st property ........alternatively to avoid ABSD the richer or higher income of the two of you can considering selling his / her hdb and buy private property ............may i offer my housing services .........My charges are 1% commission for exclusive selling rights to your property..........Or 2% for open listing..........Kindly contact me for a NO OBLIGATIONS chat for your housing needs ........ Joanne chia ..........Huttons real estate ............Hp 8333 3327  ...........Chia_joanne@yahoo.com.sg Read More