facebookWe recently bought a resale flat this month but our CPF still got wiped off! We did opt in to keep the $20k. Not sure how the process is and if they will put the money back?πŸ€” Is this a HDB or CPF qn? - Seedly

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Anonymous

07 Jun 2019

βˆ™

Property

We recently bought a resale flat this month but our CPF still got wiped off! We did opt in to keep the $20k. Not sure how the process is and if they will put the money back?πŸ€” Is this a HDB or CPF qn?

#HDB #CPF

Discussion (4)

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Jim Ng

07 Jun 2019

Marketing Strategist at https://www.bestseo.sg

Hi, I just bought my HDB flat last month with my spouse and I managed to keep the first $20k (combined total) in both of our accounts.

  1. Did you take a HDB loan or a bank loan?

This mechanism is only applicable for HDB loans.

  1. Also, does your HDB loan cover fully the purchase price of your flat, along with all the other stamp duty and legal fees?
  1. Did you notify the HDB officer in writing during the signing of documents?
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Teo See Hwa

10 Dec 2018

MArketing Associate at Propnex

Did you get any advise from the property agent?

It is $20k combined between both payers (not 20k each). But If u said both of your CPF gets used com...

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