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therock

New housing rules from 10 May 2019

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split the thread and this is gonna generate many discussions here

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Lai liao lai liao...

what the fact....instead of tightening the criteria they go and increase the age to 95......huat ar....up up and away!
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FH for the win

 

Page 1 yes.

 

 

 

Life biggest achievement

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Divorce to marry younger spouse will have benefits.

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I wonder how much a $1.2 mil HDB would worth when it reaches 90 years old. Those who bought it at high price had probably hoped that they will not the one holding the ball when the music stops.

Edited by Ct3833

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Divorce to marry younger spouse will have benefits.

I think you got it wrong, it say the lease must be able to cover the younger spouse till age 95 if want to use maximum CPF to purchase. Meaning the younger spouse is 30 years old, the remaining lease of the resale flat you want to buy is 60 years, the CPF usage will be pro-rated and worse of all, when you reach 55, the amount of CPF you can withdraw above the basic retirement sum will be reduce.

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I think you got it wrong, it say the lease must be able to cover the younger spouse till age 95 if want to use maximum CPF to purchase. Meaning the younger spouse is 30 years old, the remaining lease of the resale flat you want to buy is 60 years, the CPF usage will be pro-rated and worse of all, when you reach 55, the amount of CPF you can withdraw above the basic retirement sum will be reduce.

Now that is a good reason to marry someone older. Haa

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Propping up the market for old HDB?

 

Hidden somewhere seems to be no CPF withdrawal at 55 if one does not have property... True?

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This is a tremendous booster for old leasehold.

no lei.......the lease is not extended only the loan can be extended by age!

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Propping up the market for old HDB?

 

Hidden somewhere seems to be no CPF withdrawal at 55 if one does not have property... True?

Ya that is disturbing

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Ya that is disturbing

Nit disturbing wat... People asked for help now govt helping liao ma.. Help...

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wah... in the end also depreciate to zero

 

why try so hard to prop up the value esp when the time is running out

 

 

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wah... in the end also depreciate to zero

 

why try so hard to prop up the value esp when the time is running out

 

ð¬ð

Kicking the can down the road....

 

In years new policy would be 10 years min lease.

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Prop up old flats ......... new flats can sell higher $ ........ HDB Huat again

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wah... in the end also depreciate to zero

 

why try so hard to prop up the value esp when the time is running out

 

 

Edited by RH1667
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