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Hi There,

Yes, you may choose to wipe out your CPF or retain $20k in OA.

You may reach out to me at 94507283  should you have further enquiries.

Thank you

Gary Shien
 94507283 
ERA Realty Network Pte Ltd Read More

Hi, appreciate your sharing. Yes you can, subject to whether you are above age 55. If not, have you fulfill your minimum sum
Looking forward to assist you at 9696 4398  or email me at stewartlim96964398@gmail.com

Cheers
Stewart-PropNex Read More

Hi,

I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Have a good day ahead. By the way, yes you could.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Hi,

Assuming this is the only property you own, if the balance lease of the HDB plus your age can last you until 95 years old and above, yes you can use the full CPF OA to cover the valuation or purchase price (whichever the lower).

If the agreed price is higher than the valuation, this excess positive difference can only be covered by cash.

Hope the above clarifies. May I have more info and requirements about your plans so as to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,

Ivan Ng Realtor
ERA Senior Marketing Director
ERA Diamond Achiever

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Contact: (+65) 97432395 
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**Note: We are not prompted when you respond here, hence please get in touch directly. Look forward to hear from you soon! ** Read More

Hi,

No, there will still be Cash involved for all HDB flat purchases.

Minimum of $1 to maximum of $1000 for the Option Fee, and minimum of $1 to a maximum of $4999 for Exercising of OTP. Total Deposit can be from minimum of $2 to a maximum of $5000. The balance can then be paid from your CPF-OA.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

Should you need require further assistance in matters relating to property, please contact me at my mobile +65 97 48 63 05. I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
+65 97 48 63 05
PropNex Realty Read More

Hi Mr. Zhang,

1) Yes, the option of using CPF only for the purchase is possible.
2) However, you still need to use cash for the deposit (option fees + exercising fees ~=$5k), which is paid to the seller. The seller cannot apply to use your CPF, and thus can only accept cash.
3) Other than the deposit, you are also expected to use cash for the administration charges, caveat, request for valuation and resale application, etc.
4) Do be reminded that you can use your CPF from OA for the buyer stamp duty (~3%) and legal fees.
5) Careful budgeting should be done before committing to a purchase.

Please give me a thumbs-up if the answer provided is relevant to your main concern. Thanks!!!

Hope the above answers your main concerns, but if there are more queries, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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Hi Tian Ci,

Depending on your age as well as the balance lease of the resale HDB flat, there is possibility to use almost 100% of your CPF funds for a resale flat, but the minimal outlay will be $2 to obtain the Option To Purchase and to exercise the Option To Purchase if the seller is agreeable on $2. Otherwise, it is encouraged to standby at least $5,000 for the purchase.

I have been in the real estate business since 2009, with more than 13 years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.

We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!

Warmest regards,
Geryl Lim
Associate Group Director
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
 +65 92787772 
www.geryllim.com

My self introductory video on https://www.youtube.com/watch?v=S_2NydENfx0

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Landed Dynamic Alliance
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Good day,

As a potential HDB resale buyer, one will need to complete the HFE application. From there, one will understand that there is the option to obtain financing via HDB loan, private bank or without financing. With the latter option, buyers can utilize full CPF OA, partial with cash top-up or full cash payment, provided that none of the buyer have reached retirement age.

Do contact me for further discussion.

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