therock Supersonic May 9, 2019 Share May 9, 2019 New rules on using CPF for HDB: https://www.channelnewsasia.com/news/singapore/hdb-loan-cpf-rules-buy-property-flats-home-11518170 ↡ Advertisement 1 Link to post Share on other sites More sharing options...
RadX Moderator May 9, 2019 Share May 9, 2019 split the thread and this is gonna generate many discussions here Link to post Share on other sites More sharing options...
Tiger1 6th Gear May 9, 2019 Share May 9, 2019 Lai liao lai liao... Link to post Share on other sites More sharing options...
Evillusion Supersonic May 9, 2019 Share May 9, 2019 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! 2 Link to post Share on other sites More sharing options...
Staff69 Hypersonic May 9, 2019 Share May 9, 2019 FH for the win Page 1 yes. Life biggest achievement 5 Link to post Share on other sites More sharing options...
Celicar Turbocharged May 9, 2019 Share May 9, 2019 Divorce to marry younger spouse will have benefits. 6 Link to post Share on other sites More sharing options...
Ct3833 Supersonic May 9, 2019 Share May 9, 2019 (edited) 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 May 9, 2019 by Ct3833 Link to post Share on other sites More sharing options...
Leo72 6th Gear May 9, 2019 Share May 9, 2019 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. 6 Link to post Share on other sites More sharing options...
Showster Twincharged May 9, 2019 Share May 9, 2019 This is a tremendous booster for old leasehold. 1 Link to post Share on other sites More sharing options...
Tiger1 6th Gear May 9, 2019 Share May 9, 2019 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 Link to post Share on other sites More sharing options...
Volvobrick Supersonic May 9, 2019 Share May 9, 2019 Propping up the market for old HDB? Hidden somewhere seems to be no CPF withdrawal at 55 if one does not have property... True? Link to post Share on other sites More sharing options...
Evillusion Supersonic May 9, 2019 Share May 9, 2019 This is a tremendous booster for old leasehold.no lei.......the lease is not extended only the loan can be extended by age! Link to post Share on other sites More sharing options...
RadX Moderator May 9, 2019 Share May 9, 2019 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 Link to post Share on other sites More sharing options...
Tiger1 6th Gear May 9, 2019 Share May 9, 2019 Ya that is disturbingNit disturbing wat... People asked for help now govt helping liao ma.. Help... Link to post Share on other sites More sharing options...
Enye Hypersonic May 9, 2019 Share May 9, 2019 wah... in the end also depreciate to zero why try so hard to prop up the value esp when the time is running out 1 Link to post Share on other sites More sharing options...
Volvobrick Supersonic May 9, 2019 Share May 9, 2019 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. Link to post Share on other sites More sharing options...
Pocy Hypersonic May 9, 2019 Share May 9, 2019 Prop up old flats ......... new flats can sell higher $ ........ HDB Huat again 7 Link to post Share on other sites More sharing options...
RH1667 Hypersonic May 9, 2019 Share May 9, 2019 (edited) 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 May 9, 2019 by RH1667 ↡ Advertisement 6 Link to post Share on other sites More sharing options...
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