Tag: CPF

HDB sale proceeds CPF

How your HDB sale proceeds might get “taken” by CPF

Singaporeans are a practical and savvy bunch. When it comes to selling our flats, most of us would prefer to receive the HDB sale proceeds in cold hard cash, rather than having it go into our Central Provident Fund (CPF) accounts. In this article, we’ll show you exactly how much of your property sale proceeds…

CPF Housing Withdrawal Limits main

CPF Housing Withdrawal Limits: What You Need to Know

If you’re reading this, chances are you’re probably relying on — or intending to rely on — your CPF to pay the monthly mortgage instalments for your property. However, there’s a limit on how much CPF funds you can use in some cases. To avoid the rude shock of realising you’ve exceeded your CPF Housing…

Old HDB flat

The flat is old – but gold to me

I will be moving back into my mother’s flat soon. It is a five-room HDB flat, where I had spent most of my growing-up years. It is also more than 40 years old, one of among 7 per cent of all flats here. When I brought renovation contractors to the house, they wondered at the…

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