Invest in singapore property: Can single person use CPF to buy property?

Invest in Singapore property: Can single person use CPF to buy property in Singapore?
by www.PropertyBuyer.com.sg Singapore mortgage consultants
Text (sms) : 9782 8606


We know that this topic is often asked and searched. The fact that many of our customers ask this question goes to show that this knowledge is not easily searched and found. In fact the answer can be found at CPF's website. So let us broadcast the message a bit wider.


" Q: I am single. Can I jointly use my CPF to buy a property under Residential Properties Scheme (RPS) with my friend/cousin?
A: Yes. You can use your CPF jointly with your friend/cousin to buy the property so long as both of you are single, divorced with Decree Nisi Absolute/Final Judgment(divorce) or widowed and not using CPF for any existing properties currently."
(Source: http://mycpf.cpf.gov.sg/CPF/News/InTouch/NL_082005.htm and http://ask-us.cpf.gov.sg/hybrid/Themes/CPF/related.asp?MesId=6169998&FolderID=0&Selected=2&CSRId=&SourceId=0)

If in doubt, please always check with CPF board and/or your lawyer prior to any property purchase, as regulations do change. We cannot be held responsible for any losses or damages arising from reading this article.

If you do not want to engage a lawyer and still want to find out prior to a property purchase, you can contact us at: -

go to --> http://www.PropertyBUYER.com.sg/contactus.php

Tel: 6100 0608
Sms: 9782 8606

Email: loans@propertyBUYER.com.sg