Originally posted by Itedino:One thing. they put there 200k doesn't mean if you got cash u can buy it COD. They will need you to pay via INSTALLMENT. They want your Interest. Understand.
No people do gui ben business one. Same to government.
I can assure you that this is not true because my cousin who recently got married use her and her husband cpf money to 1 time pay finish the hdb flat and it is for a new flat buy straight from hdb flat and not a resale flat.
I am sure you didn't read the recent article about a rich PR who pay $635 000 cold hard cash for a 4 room hdb flat.
Originally posted by Itedino:Yes. THis one u must check. but if your salary exceed a certain range. They wun let u buy HDB. It u got 200k. They will check if your money come from legal mean.(provided you money are being through tax)
This is true.
like if you want to buy a 2 room hdb flat your salary must not exceed $2k a month but there is no rule that says that you can't 1 time pay finish for the flat and must pay by instalement