You don’t have to wait till you’re old and wizened to use the money in your CPF account. The first time you’ll find yourself using your CPF monies is usually to buy a home. The money in your CPF OA can be put towards the purchase of any kind of home in Singapore, HDB or private, resale or under construction,.
5 Things to Consider when Buying A Resale Flat
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5 Things to Consider when Buying A Resale Flat
So, you’re thinking of getting a BTO flat, but you’re worried about the construction delays caused by the COVID-19 pandemic. Or perhaps you were unsuccessful with your BTO application.
Whatever the reason, you may be thinking of entering into the HDB resale market. After all, if you have an immediate housing need or want to live in a mature estate that already has convenient access to amenities, then getting a resale flat is a no-brainer choice.
But while resale flats have their benefits, remember that there are other key considerations that you need to take note of, such as the financing aspect and the flat’s lease. So before you decide to get a resale flat, here are some of the things you need to know.