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Condo Questions

Asked by Madhav 14 Sept 2011

Is 5% of condo price a cash payment or can it be combined with CPF amount as part of 20% payment?

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Mike Lim · Answer 1 · 2011-09-14T17:15:15+08:00

Mike Lim

Replied 14 Sept 2011

Afternoon,

For resale or subsales condo purchase, based on 80% loan, first 5% must be cash and the remaining 15% can be paid in cash / CPF + cash / purely CPF.

FYI
Mike Lim
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