Can I buy a private property using my CPF? PDF Print E-mail
Real Estate Self Help - Guidelines On Use Of Central Provident Fund (CPF)

Can I buy a private property using my CPF?

Yes. Under the Approved Residential Properties Scheme by the CPF Board, you can use your CPF savings for the following purposes:

  1. Pay the purchase price of the property
  2. Redeem a housing loan taken for the purchase of a residential property
  3. Monthly installments of existing housing loan
  4. Repay a housing loan taken for the purchase of land and the construction of a house on that land
  5. Pay for stamp duty, valuation and legal fees on transfer or conveyance in the purchase or mortgage of a property

However, you cannot use your CPF savings for the deposit or down payment; monthly service and conservancy charges; property tax; renovations, and repair of your property.

 
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