avenue south residence showflat

For freehold residential properties, you do not have to fret about not being able to dip into your CPF saving, or to do so at a lower withdrawal limit, for your purchase because of the property's expiring lease.

This is because you are not allowed to use your CPF funds for the purchase of private houses with under 30 years of lease left.

For houses with remaining lease avenue south residence showflat between 30 and 60 years, the withdrawal amount is tied to the buyer's age and the remaining lease.

Withdrawal Limit

= (The remaining lease of flat or property when the youngest owner is 55 years old / The lease of the flat or property at the point of purchase) x Valuation Limit

Valuation Limit is the lower of the purchase price or the value of the flat/property at the time of purchase.