Q1. I think can use cpf to pay the 10% downpayment? (sorry can't
recall) Also need to pay cash as commission to the agent, if you
have to.
Q2. Can split cpf among the joint/common tenants in any proportion
you wish, as long as the you have sufficient amount every month
(need to show pay slip).
Q3. If you're referring to the increase of the 10% downpayment, it
means each year, the downpayment will increase to 12%, then 14% and
so on...they want to curb frivolous buying or buying a flat that's
beyond their means, e.g. by people who don't have much cash.
Q4. You can get HDB loan as long as you have not enjoyed the
privilege for 2 times already. First timer can get loan from
HDB...a better deal in the long run.
That's as far as I know from a yr or so ago...
