Asked by
I'm looking to buy a flat that is about 600K, and I have about 500k cash on hand. Can I pay cash and loan the rest? Or will my CPF OA be automatically wiped out first, then I can pay the rest in cash? Pls advice. thanks.
0
127 views
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

4 Answers

Hi, I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Hope to hear from you soon and have a great week ahead. Yes you could choose to pay full cash upfront while the rest will be from loan.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
0
Hi

There will be a minimum quantum for borrowing. Its depend on what mode of financing.

You may text 9620 0827  for a casual chat.

Gavin Read More
0
HI,

If you want to take a loan from a bank, usually there will be a minimum loan quantum. If you have enough CPF funds in your OA account then you can also pay off the house using your CPF and cash too.

If you have anymore questions can just feel free to let me know. I can do my best to answer your questions. :)
Looking forward to hear from you soon! Cheers!

Best Regards,

Jeffrey Heng
Associate Executive Director (Sincerus Division)
OrangeTee and Tie Pte Ltd
NAVIS Living Group - The fastest growing group in OrangeTee that believes in Technology, Training & Teamwork (3Ts)

Mobile : +65 9858 1322 
Email : hengjeffrey@gmail.com
Web : www.sgpropertyadvisers.com

Founder of Sincerus Division
SAEA Real Estate Excellence Silver Award - Best Client Service (2014)
SAEA Real Estate Excellence Award Nominee - Best Client Service (2012/2013)

* Featured in CEA Newsletter for Great Client Service - https://goo.gl/NMusPZ *
* Featured in Propertyguru Magazine With My Partner- https://goo.gl/cioyEu *
* Featured in PropertyGuru Magazine for Team Building - http://tiny.cc/80w5lz *
* Words From Clients - https://www.sgpropertyadvisers.com/testimonials *
* Check Out Our Client Testimonial Video Here - https://youtu.be/WzNepsjH1Oc *
* Check Out My Team Mates’ Testimonials Video Here - https://youtu.be/SmdXkgREVOU * Read More
0
Robbie Chen Chee Howe
Hi,

Yes, you could choose to take a loan, if you're eligible (your age and income allows it).

I am experienced and well-versed in both private and HDB resale transactions. I will be able to assist you on your property purchase.

Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305 . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More
0

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

Previously Asked Questions