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View Full Version : Minimum Cash Downpayment for HDB?



fwong93
6th May 2013, 05:26 PM
Hello all, is the minimum cash downpayment for a HDB flat 5% of valuation?

HalcyonVI
6th May 2013, 06:54 PM
Yes, if you are borrowing from a financial institution. Technically, it's either 5% of valuation or purchase price, whichever is lower. Practically, it's what you said, 5% of valuation (I have been looking for a HDB that is selling below valuation for the longest time...).

If you are borrowing from HDB, there is no minimum cash down payment. You can pay the entire down payment using your CPF :)