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We have an EC which had already been fully paid. My husband's had withdrawn some of his CPF and now left with only $20k in his CPF account(after setting aside the min sum)and my CPF left only $50k. In 3 yrs time, I'll be 55 yrs old. Do I need to set aside the min sum also, will the CPF board take into consideration the value of our current ppty. Can I use all my CPF (ie $50k)+cash to purchase a 2nd pte ppty for investment.
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1 Answer

Catherine PANG
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The S&P process needs careful and confident planning in financial, timeline and checklist especially HDB, CPF, bank and lawyer etc.

Recently my client 'suddenly' bought a dream condo while 'holding on' to a HDB flat. They needed the extra 'funds' for the condo. Hence,

after a series of planning, discussion and deliberation, they finally decided to sell their HDB unit. Engage an agent if you expect a

consistent S&P process. The stress relief effort is enormous and the commission is insignificant. Check this site:

www.catherinepang.com Read More
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