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I would like to know whether I can use all of my CPF OA money to purchase a resale private condo.If yes,can I appoint lawyer helping me on this application?

My target is to buy house around 650K to 750K. I have about 200K cash on hand & CPA OA has about 80K.
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6 Answers

Hi,

Yes you can use all your OA to fund the purchase, my law firm partner will be able to assist. May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

Email: Ivanng10@gmail.com
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Thea Hoi Shu Min
Dear Sir

Good day to you! I would be more than happy to assist you in your house hunting process. you may engage a lawyer to assist in using your OA for property purchase.

Feel free to give me a call at 81255537  or email me anytime in order to send you a report based on your requirements. Hope to hear from you soon!

Warmest Regards
Thea Read More
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Dear Jack,

You will be able to use all your CPF in your OA account to purchase a property provided you are under the age of 55. Once you decided on a property to purchase, you will need to appoint a lawyer to handle the conveyancing work for you. This lawyer will write to CPF board to arrange for the use of your CPF.

With your budget, there are 1 bedroom and 2 bedroom options that are available. Please feel free to contact me so that I can understand your objectives better and provide you some recommendations!

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
(W) www.nick-tan.com

Testimonial from Satisfied Clients (2016)
“Nick is a responsible, efficient and excellent salesperson. He has very good knowledge of the real estate market and I benefitted a lot from his advice and sharing. He is extremely patient when guiding me through the buying process and I am happy to secure a dream house within my budget with his assistance. A highly recommended salesperson who made my house hunting journey a breeze.”
Ms Chia (Buyer)

“Nick provides a delightful customer experience from day one when I engage him as my agent to look for a flat of my choice to the completion of the deal. He is competent, resourceful and has a pleasant manner to work with. He is the Agent of my choice in dealing with properties and I would highly recommend him to others who would appreciate an agent that takes care and can give the customer a peaceful mind.”
Susana (Buyer)

“Nick is very pro-active in helping us to resolve whatever questions and problems that we encountered. All the issues are settled even before us having to request or ask for a second time. He was very frank and transparent with all the details, limitations and advantages that we wouldn’t have known. I think this is the most important virtue to be successful in this line. I will surely recommend him to anyone who needs his service because I trust that they will be equally satisfied!!”
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We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
Mr & Mrs Tan (Seller of Inter-Terrace House) Read More
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Hi Jack,
Yes, if you are below age 55, can use all OA to pay for the 1st property. Please drop me an email for me to share more of the details and procedures.

To assist and advise you more in details, kindly drop me an email for me to share.

I am contactable at my mobile or email.

CK Ang
 9046 3808 
res.ckang@gmail.com Read More
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Hi Jack,

The cash portion and CPF available for utilisation is sufficient in the target purchase, including consideration for stamp duty, if this is going to be your first property purchase, therefore your next step will be identifying which project is more ideal for you in terms of your needs and plans.

We can arrange a sit down discussion to go through your checklist for the upcoming purchase so that the entire search process can be more efficient and value added.

Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.

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Regards,

Geryl LIM
Associate Marketing Director
Global Alliance Property (L3010679B) - Century 21
CEA Reg R014783H
Mobile: +65-81577565  /+65-92787772
Email: geryl7772@gmail.com

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Morning Jack,

If you have not utilized CPF fund for any existing property, you will be eligible to utilise the available fund within your OA provided that the remaining lease of the property is more than 60 years. You should not be above age of 55 either.

Do feel free to contact me should you require additional assistance.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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