Most people who did not withdraw their CPF which they could after age 55, may have done so for reasons other than what the CPF Board wants us to believe?
I refer to the article “6 in 10 tapped into CPF funds after 55: CPF Board” (Channel NewsAsia, Aug 28). It states that “About six in 10 people who were eligible to make withdrawals from their Central Provident Fund (CPF) did so upon turning 55. A subset of the respondents, totalling 7,200 people who are CPF members aged...
Is your HDB flat better than private property?
I refer to the article “PM Lee Hsien Loong refutes notion that 99-year HDB lease is extended rental, not a sale” (Straits Times, Aug 25). It states that “On the issue of 99-year Housing Board (HDB) leases, Mr Lee refuted the notion that the lease is “merely an extended rental” and not a sale. He said he found the argument...
Things U Need To Know About 99 Year Old Lease HDB
Things you need to know in Singapore regarding properties and their leasehold. #1 As long as your property is a leasehold unit you are not buying a house. You are buying a lease instead. #2 Every cent you pour into your lease either through your cpf or cash payments went to the developers or housing department board and then...
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