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I inherit a fully paid HDB flat and have a joint tenancy with my mother. I never use or contribute my CPF for any property purchase. If I would like to purchase a private property without selling the HDB property, must I put aside the Minimum Sum in the CPF?
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1 Answer

Mike Lim
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Evening,

Since you have not utilized any CPF monies for purpose of residential mortgage, you will not be required to set aside the CPF minimum sum, unless you are currently more than 55 years of age.

Do feel free to contact me for further discussion.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
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