Wednesday, June 26, 2019

Allow more flexibility on use of CPF to buy short lease HDB flats

The current CPF rules require the remaining lease of the property to be at least 20 years and to cover the youngest buyer up to age 95 before full CPF can be used.

This forced the buyer of a resale property to buy a property with a long remaining lease.

This is inflexible. It is also unwise for the following reasons:
https://tklcloud.com/Feedback/feedback2.aspx?id=1696

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