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Hi Felicia,

Did your husband file his income to IRAS as a self-employed? If yes, he should have the IRAS statement.

There is no "right or best percentage" to use from your CPF-OA. Everyone's objectives differ and has different risk appetite too. It all depends on your objectives going forward, and also if you have any plans to use your Cash after the purchase.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

Should you need require further assistance in matters relating to property, please contact me at my mobile +65 97 48 63 05. I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
+65 97 48 63 05
PropNex Realty Read More

Hello!
Your husband being the occupier will still have to furnish his income documents such as IRAS statement to HDB .

Some prefer to hold cash while using cpf to pay for mortgage while some prefer to use cash to pay for mortgage to avoid incurring interest on their OA. Either way , you can change the % of cash /cpf anytime even after your purchase.

Ping me if you have further questions!
Anthea
 81027317  Read More

Hi, appreciate your sharing. Base on latest IRAS declaration, the NOA should be ready by June 2024. Kindly check with IRAS whether can expedite for you before update HDB.
Looking forward to assist you at 9696 4398  or email me at stewartlim96964398@gmail.com

Cheers
Stewart-PropNex (Senior Associate Division Director) Read More

Hi,

You can try to submit the previous year NOA, or this year's if he has already done the submission. If he has no income for last 15 months, hdb may require him to do a statutory declaration on this, only HDB can provide the recommendation.

Cash cpf portion for mortgage everyone has their take on this. Some prioritize the cash flow for lifestyle needs, some prefer to use cash since they feel CPF OA earns a better rate than what they can achieve with the cash. Do note the CPF OA you utilize for property will incur accrueed interest over time.

I am contactable at 97432395  for further discussion.

Hope the above clarifies. May I have more info and requirements about your plans so as to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,

Ivan Ng Realtor
ERA Senior Marketing Director
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**Note: We are not prompted when you respond here, hence please get in touch directly. Look forward to hear from you soon! ** Read More

Hi, I see that your husband is currently on a LTVP, meaning that he is technically not being allowed to work in Singapore, unless he has set up a company or have gotten approval for it. So reporting his income might not be possible in this case since he can't submit the NOA. Alternatively you may check if he can submit the proof of income he is receiving, otherwise only your income will be taken into consideration for loan amount.

As for cash or CPF usage to handle mortgage payments, this will depend on your personal preference. Some of them prefer using more cash so that their CPF can accrue more interest held inside, of course if your cash is able to generate more interest, it will be wise to stick to more CPF contribution. Do note that in the end when you sell your HDB, the CPF used along with the accrued interest will have to be put back into your CPF account before you can get the cash proceeds.

If you are currently planning to go on a property journey selling/buying/renting/investing, I can be of assistance. Do feel free to reach out to me for more queries and assistance.

Landon Chew
 97396040 
landonchew@email.com Read More

Do you mean that your husband is self employed but did not submit his Notice of Assessment for income tax? If that is the case, this can get pretty complicated. Read More

Remember to communicate openly with your HDB officer or housing agent about any questions or concerns you have during the HFE process. They can provide guidance and assistance to ensure a smooth transaction.

I am Sorry that This platform does not allow me to direct contact you.

To further assist you, please feel free to contact me via WhatsApp at 9856 9255  or through this link: https://wa.me/6598569255.

My services come with no obligations, and I'm here to help with any questions or assistance you need.

You can check out my reviews here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

For buyers, I offer solutions for sourcing resale and new private homes at no charge.

I can connect you with reputable bankers for private housing loans free of charge and with no obligation.

I also have partners to assist with mortgage home insurance matters.

Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份） :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!

*** You can reach me at my Singapore mobile: +65 9856 9255  or email me at Able.selling@gmail.com.

From: ABLE Toh- Your Property ASSISTANT ：）

“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”

XXXXX The END XXXXXXX

1 / 2 Read More

Remember to communicate openly with your HDB officer or housing agent about any questions or concerns you have during the HFE process. They can provide guidance and assistance to ensure a smooth transaction.

I am Sorry that This platform does not allow me to direct contact you.

To further assist you, please feel free to contact me via WhatsApp at 9856 9255  or through this link: https://wa.me/6598569255.

My services come with no obligations, and I'm here to help with any questions or assistance you need.

You can check out my reviews here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

For buyers, I offer solutions for sourcing resale and new private homes at no charge.

I can connect you with reputable bankers for private housing loans free of charge and with no obligation.

I also have partners to assist with mortgage home insurance matters.

Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份） :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!

*** You can reach me at my Singapore mobile: +65 9856 9255  or email me at Able.selling@gmail.com.

From: ABLE Toh- Your Property ASSISTANT ：）

“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”

XXXXX The END XXXXXXX Read More