Personal Finance
Ultimate Guide to the CPF Property Withdrawal Statement and How to Get It
By Seedly  •  August 11, 2020
When it comes to Central Provident Fund (CPF) each new day is a day of discovery. And today’s discovery is the CPF Property Withdrawal Statment: a document which provides information about all your CPF property transactions and is used for home loan refinancing applications. Here is all you need to know about the CPF Property Withdrawal Statement and a step-by-step guide to obtaining it! What is The CPF Property Withdrawal Statement? The CPF Property Withdrawal Statment is a document provided by CPF for CPF members which summarises all of the member’s property-related transactions using CPF. Why is The CPF Property Withdrawal Statment Important? With the statement, you can check the total principal amount withdrawn from your CPF and the accrued interest owed to CPF. More specifically, the total principal amount withdrawn includes your:
  • Payments for valuation / stamp / legal fees.
  • Payments to the financier (banks etc.).
  • Payments made to HDB / developer.
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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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