Mar 5 2019, 12:12 AM
QUOTE(Cloudx @ Mar 4 2019, 02:18 PM)
Hi all, I'm planning to purchase my first property which is a subsale unit worth 400k.
I know there's some sort of incentive offered by the gov for first time house buyers but I'm not really clear about it.
I also planned to take money from my EPF's 2nd acc to put a a downpayment for the house, must I first pay the downpayment before applying for the withdrawal?
Another thing is, my wife planned to withdraw her epf as well to be use for renovating the house, can she do that? She has an existing property but never took her epf out before.
Appreciate to get some input on the above.
if subsale 400k, better buy in july for stamp duty exemptionI know there's some sort of incentive offered by the gov for first time house buyers but I'm not really clear about it.
I also planned to take money from my EPF's 2nd acc to put a a downpayment for the house, must I first pay the downpayment before applying for the withdrawal?
Another thing is, my wife planned to withdraw her epf as well to be use for renovating the house, can she do that? She has an existing property but never took her epf out before.
Appreciate to get some input on the above.
subsale no incentive if not mistaken
must sign spa before take epf
maybe ur wife can withdraw her epf as downpayment first.
Hope it helps
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