You generally must pay Buyer's Stamp Duty (BSD) in cash first, then apply to the CPF Board for reimbursement after the sale completes. Direct CPF payment without cash upfront is usually for new properties (BTO/new launch condos).
It sounds like you may be low on cashflow but CPF rich. There are ways to make the purchase possible for the resale condo as long as you have an experienced buyer agent supporting you, I'll be happy to help you for free to make your purchase possible!
I'm a Harvard graduated real estate agent with a degree in economics, and have supported clients on more than $1 billion in transactions. Besides sorting out the financing, I can help with sourcing, viewing, own-stay & investment analysis, market comparatives, timeline planning, safe entry pricing and more.
Do reach out via my contact below and I can advise further.
Kay Cloud
The Harvard Educated Agent
Propnex Realty Pte Ltd
cloud@propnex.com
Tel: (+6.5.) 8.5.6.7.4.5.8.5
Whatsapp -> https://wa.me/6585674585
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