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Can use CPF for Shortfall between flat price & HLE amoun

Posted: Sun, 03 Jan 2010 5:23 pm
by mm_2004
Hi,

I want to know if I can use my CPF for the shortfall between HDB flat price and HLE amount? I am a Singapore Citizen and now waiting for HLE result. I am worried the granted HLE amount will be lower than flat price.

What I know is a bank loan taker can use CPF to pay for 10% downpayment. But I am not sure a HDB loan taker need to pay for how many % downpayment and whether can use CPF for the downpayment?

Thanks in advance for your info.

Re: Can use CPF for Shortfall between flat price & HLE a

Posted: Sun, 03 Jan 2010 6:23 pm
by therat
why don't u email HDB and ask?

Posted: Mon, 04 Jan 2010 7:03 pm
by kiwi73
Or you could review CPF FAQ here http://ask-us.cpf.gov.sg/explorefaq.asp

Browse All FAQ by Category -> Owning a property -> Public Housing Scheme.