AskGuru Q&A Community

Good day to you.

With the pro-rated valuation cap, there are several ways to mitigate the effects:
1) Contact HDB and ask for an extension of the loan tenure if you are not already utilizing the maximum duration.
2) Lease any spare rooms to alleviate the financial strain.
3) Request financial support from HDB.
If these options are unsuccessful, you may want to think about downsizing your current residence.

Regardless of the path you choose, ensure that you continue making your monthly mortgage payments.

Navigating a property transaction can feel overwhelming, especially when tied to major life events. As a property consultant with 15 years of experience, I am here to provide not just market knowledge, but also peace of mind.
I specialize in sensitive property matters, offering expert guidance on:

Divorce & Asset Settlement: Helping you achieve a smooth and equitable outcome for your shared properties.
Intestate & Estate Planning: Simplifying the complexities of planning for the future or handling inherited property.
Complex Situations: From Lasting Power of Attorney to bankruptcy cases, I offer clear solutions to your specific challenges.

Ready to find clarity? Contact me for a free consultation today and let’s discuss how I can help you secure a confident future.

Regards
Mike Lim
Mobile: 96929209 
email: m52i@yahoo.com
R026708F
ERA

You can also follow my short videos for more tips:
https://www.youtube.com/@SGHomeCompass Read More

If this situation happens, a viable alternative is actually to sell the flat.

There is a reason why government restricts CPF usage on older properties. We protect our population against putting too much of their CPF retirement savings into a home that may not be worth much in the future, and reduce the risk of homelessness in old age.

Unless the home owner is wealthy enough or very confident that he/ she can afford another home at 95 years old if the lease runs to 0.... then keeping the flat could work.

I'm a Harvard graduated real estate agent with a degree in economics, and I have a decade of experience working on Singapore public policy. I would love to schedule a free consultation to discuss your options if you need any support.

Feel free to reach out via whatsapp or email.

Regards
Kay Cloud
The Harvard Educated Agent
Propnex Realty Pte Ltd
cloud@propnex.com
Tel: (+6.5.) 8.5.6.7.4.5.8.5
Whatsapp -> https://wa.me/6585674585 Read More

Assuming that CPF cap has been maxed out for the current place and financing it with cash is strenuous in your monthly expenses, you can perhaps look into selling the current place, and look into purchasing another place with higher lease balance. Alternatively, refinancing with a bank loan and extending the loan tenure, if eligible, may reduce the monthly cash commitments in the loan repayment.

——

I have been in the real estate business since 2009, with more than 15 years of experience serving the Singapore real estate market. Check out the EdgeProp featured article on myself recently at https://www.edgeprop.sg/property-news/geryl-lim-leading-landed-real-estate-heart-hustle-and-harmony

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 15,900 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.

We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!

Warmest regards,
Geryl Lim
Deputy Branch Associate Director
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
 +65 92787772 
www.geryllim.com

My self introductory video on https://www.youtube.com/watch?v=S_2NydENfx0

-----

Note: We value your home as much as you do! Find out the indicative value of your home at http://bit.ly/UrHomeMatters and get monthly update on your home value. Restructure your portfolio with us, speak to us!

Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.

Visit and Like my facebook page at https://www.facebook.com/GerylLimSince2009/ - Aspiring To Be The Best Real Estate Agent In Singapore

Pick up knowledge, skills and Real Estate concepts at https://www.facebook.com/RealEstateXcellence/

New Singapore Expatriates on facebook is up and running. Come join us at https://www.facebook.com/groups/newsgexpats/

-----
Landed Dynamic Alliance
Home of *7772 Hotline
Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ http://l.ead.me/7772 Read More

Hi,

1) As far as I'm aware, home loan can only be paid using cash or CPF from OA, or both.
2) When the CPF usage limit is reached. The CPF will not disburse any fund from the OA.
3) Thus, the only sole payment method would be in cash.

All The Best!!!

Hope the above answer to your main concerns, but if there are more query, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

Note:
Any response to our answer does not reach us until we scroll through each and every query posted daily.
The best way to get a follow-up is to Whatsapp or email us directly. Read More

When you hit the CPF usage limit for an HDB loan and the flat’s remaining lease does not last until the youngest buyer turns 95, CPF will no longer be allowed for your monthly instalments. From that point onwards, HDB will require alternative arrangements.

Here are the realistic options available:
1. Pay monthly instalments fully in cash
This is the default outcome once CPF usage stops. Monthly instalments continue at the same amount, just without CPF support.
2. Part-cash + CPF (if partial CPF is still allowed)
In some cases, CPF usage may not drop to zero immediately. You might still be allowed limited CPF usage with the balance topped up by cash. HDB will inform you clearly if this applies.
3. Refinance to a bank loan (subject to eligibility)
This is sometimes overlooked. If you still meet bank loan criteria (age, income, remaining lease), refinancing may allow:

• Lower monthly instalment
• Longer loan tenure
This can ease cashflow even though CPF usage remains restricted.

4. Use cash proceeds from partial sale / rightsizing later
Some owners plan ahead by building a cash buffer or downsizing before cash strain becomes heavy.

What won’t work:
• Extending HDB loan tenure beyond policy limits
• Continuing CPF usage once the limit is fully reached

This is one of those situations where timing matters a lot. A small adjustment early on (refinance, restructuring, planning cash buffer) can make a big difference later.

If you want, you can share your age, remaining loan amount, monthly instalment and flat lease, and I can help you map out the most practical next step before cashflow becomes tight.

Aren Goh, PropNex
 9657 6701  Read More

(✔1) When CPF usage is reduced due to the pro-rated valuation limit, the first step is to review whether your loan tenure can be extended, if you are not already at the maximum period.

(✔2) Generating rental income by leasing out spare rooms can help offset monthly mortgage obligations.

(✔3) Homeowners may approach HDB to explore available financial assistance or support schemes.

(✔4) If cash flow pressure continues, rightsizing to a smaller or more affordable flat should be considered.

(✔5) Regardless of the option taken, it is critical to continue servicing monthly mortgage payments to avoid arrears.

(✔6) In some situations, selling the flat early can be a practical and financially safer exit strategy.

(✔7) CPF limits on older flats are designed to safeguard retirement savings and reduce the risk of housing insecurity in later life.

(✔8) Retaining an ageing flat only makes sense if the owner has strong financial capacity or clear plans for housing when the lease eventually expires.

(✔9) Forward planning helps balance present housing needs with long-term retirement security.

(✔10) Seeking early advice allows more choices and prevents forced decisions later on.

“Do not save what is left after spending, but spend what is left after saving.” — Warren Buffett
WhatsApp me at >> ✔✔9856 9255 or through this link.:https://wa.me/6598569255.

-----------------------99Years------------------------999Years---------------------->>>

IF YOU NEED more assistance with PROPERTY matters such as RENTING, SELLING, BUYING, or INVESTING, I’m here to help.

WhatsApp me at ✔✔ ABLE TOH (65) 9856-9255  or via this link:

https://wa.me/6598569255

Unfortunately, this platform does not allow direct contact, but you can easily reach me on WhatsApp.

✔✔✔You can READ my REVIEWS here:Able S K Toh

https://www.propertyguru.com.sg/agent/able-s-k-toh-61591

For PRIVATE HOME BUYERS

✔✔ I offer solutions for sourcing resale and new PRIVATE homes at ZERO charge

✔✔ Most PRIVATE seller agents are willing to share commission with buyer agents

DEVELOPER SALES TEAM

✔✔ BEST PRICES ✔✔ NO AGENT FEES

✔✔ LOWEST PRICE GUARANTEED

For UPDATED INFO, E BROCHURE, FLOOR PLAN, and PRICE LIST for New Launches Condominium in Singapore, contact me directly.

✔✔ Connect Singapore Line (ABLE TOH): (65) 9856-9255 

WhatsApp: https://wa.me/6598569255

---///------

如需房产相关协助，
包括出租、出售、购买或投资，
欢迎联系我。

✔✔ ABLE TOH/ 诗强（65）9856-9255
WhatsApp：https://wa.me/6598569255

✔✔✔查看我的客户评价：
Able S K Toh
https://www.propertyguru.com.sg/agent/able-s-k-toh-61591

私人住宅买家服务
✔✔ 协助转售及新私人住宅
✔✔ 买家无需中介费

发展商销售团队
✔✔ 最优惠价格
✔✔ 无中介费
✔✔ 保证最低价

新推出私人公寓资料、电子手册、户型图及价格表，
欢迎随时联系。

✔✔ 新加坡联系号码（ABLE TOH）/ 诗强：（65）9856-9255 Read More

Hi, appreciate your sharing, propose to check with CPF board before deciding the next move, either to do lease buy back with HDB or cash out current unit and decide to move onto smaller unit.
Looking forward to assist you at WhatsApp +65 9696 4398  or email me at stewartlim96964398@gmail.com

Cheers
Stewart-PropNex Read More