Aug 19 2019, 02:20 PM
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.
Why not consider new project in the same or nearby area? with HOC going on for the 0% downpayment and free MOT + nowadays developers are giving out free SPA & loan legal. I find no rational reason to buy subsales in this market at the moment. 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.
I am new here maybe I might be wrong, would welcome your opinions.
Quote
0.0168sec
0.68
6 queries
GZIP Disabled