Thread: CPF OA
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Old 17-09-2018, 02:56 PM   #49
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Join Date: Jan 2009
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That's not the issue. Mother can still give him the flat for love (i.e. FOC) except for the return of her CPF plus accrued interest. Transaction can also be done at valuation or at higher than valuation if his intent is to take out max from his CPF and in this case he should go for 380k instead of 350k.
If his mother hdb is worth $600,000, I donít think he will be able transact at $350,000 too.
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