Asked by Anonymous
Why do I need to have lease coverage until age 95 for maximum CPF usage?
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1 Answer
Hello
Why do I need to have lease coverage until age 95 for maximum CPF usage?
#AskRealtorMani @AskRealtorMani
Does the remaining lease cover the youngest buyer to at least 95 years old?
How much of CPF can be used for housing?
What is the lease commencement date HDB?
What is the valuation limit?
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Answer:
https://www.linkedin.com/posts/askrealtormani_why-do-i-need-to-have-lease-coverage-until-activity-6768857401488736256-WJSq/
The required lease coverage of at least 95 years recognizes the increasing life expectancy of Singaporeans and is aligned with existing HDB rules for 2-room Flexi and Lease Buyback Scheme, where buyers are required to purchase/retain leases that cover them until at least the age of 95.
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Why do I need to have lease coverage until age 95 for maximum CPF usage?
#AskRealtorMani @AskRealtorMani
Does the remaining lease cover the youngest buyer to at least 95 years old?
How much of CPF can be used for housing?
What is the lease commencement date HDB?
What is the valuation limit?
=============
Answer:
https://www.linkedin.com/posts/askrealtormani_why-do-i-need-to-have-lease-coverage-until-activity-6768857401488736256-WJSq/
The required lease coverage of at least 95 years recognizes the increasing life expectancy of Singaporeans and is aligned with existing HDB rules for 2-room Flexi and Lease Buyback Scheme, where buyers are required to purchase/retain leases that cover them until at least the age of 95.
============
Simply, copy and paste the above link into your browser
Not only you will find the answer,
but also other relevant questions that people asked.
Read more tips...
Read my 1,000+ properties tips
https://www.linkedin.com/today/author/askrealtormani
Planning to buy a property or sell your property?
For SELLERS;
I can help you with HOME Report for the seller, see a sample report
http://www.bit.ly/ComparableMarketAnalysisHomeReport
For BUYERS;
Buyer affordability Analysis Report for the buyer, see a sample report
http://www.bit.ly/PropertyBuyerReportSingaporean
For INVESTORS
Below Market Value Properties, Auction, Bidding, Private Treaty list
http://bit.ly/BelowMarketValueProperties
I can provide a customized report for you, explain the policies and procedures,
and find the best deal for you.
Let me help you to plan ahead, save time, money, effort, and avoid costly mistakes.
Need help?
WhatsApp +65 8300 4411
http://www.bit.ly/ClickToWhatsApp
Questions? #AskRealtorMani
- Mani
+65 8300 4411
https://evaunt.me/sl1FG6/Mani (save vCard)
Top 1% on LinkedIn Singapore with 14,000+ followers
Connect >>> https://www.linkedin.com/in/AskRealtorMani/
Follow >>> https://www.facebook.com/AskRealtorMani
Watch my 100+ videos
https://www.facebook.com/AskRealtorMani/videos
How is the property market?
http://mani.myweb.sg/mw-property-news Read More
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