Hi,
The max amount of CPF (called withdrawal limit) that can be utilized is typically up to 120% of the property price/valuation (Whichever lower). This is the only "cap" that affects your purchase. May I know which EC are you considering at the moment? Will be glad to do a full illustration of the financial breakdown so you can have a better idea what to expect with the upgrade. Thanks and hope to assist with your purchase further.
Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude
Email: Ivanng10@gmail.com
Contact:
(+65) 97432395
CEA Registration Number: R052114D
ERA Realty Network: L3002382K
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Website: http://www.ivanng10.com/#!reviews/c11r1
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