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Thread: Minimum Cash Downpayment for HDB?

  1. #1
    Join Date
    Sep 2009

    Default Minimum Cash Downpayment for HDB?

    Hello all, is the minimum cash downpayment for a HDB flat 5% of valuation?

  2. #2
    Join Date
    Jan 2007


    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

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