Asked by Tan Gin
To purchase a brand new condo, i understand that we have to come with 5% cash or cpf within 2 weeks. Is it true that we have to pay up another 15 % (cash or cpf)within the next 8 weeks? For many of us who are upgrading and staying in hdb flats at the moment, most of our cpf are used up for our flat. How can we raise that 15% in this case? Is there loans available for this kind of situation? we will only have enough money in cpf after we sell our current hdb.
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