Video description from @alanweeproperty
CPF funds provide Singaporeans with significant financial flexibility when it comes to homeownership. By allowing CPF OA savings to be used for housing, the government reduces the financial burden of purchasing a home and encourages higher homeownership rates. The various ways CPF funds can be used for housing will be discuss as follow.
Alan Wee
CEA Reg No. R024730A
https://wa.me/+6592973150
https://profile.propnex.com/R024730A
www.AlanWeeProperty.com
www.youtube.com/@alanweeproperty
www.facebook.com/AlanWeeProperty
www.tiktok.com/@alanweeproperty
www.linkedin.com/in/alan-wee-property
www.instagram.com/alanweeproperty/
References:
https://www.straitstimes.com/opinion/cpf-system-geared-to-meet-retirement-needs-as-lifespans-lengthen-pm-wong
https://www.straitstimes.com/singapore/housing/hdb-flats-will-remain-affordable-for-all-singaporeans-desmond-lee
https://www.99.co/singapore/insider/cpf-housing-withdrawal-limits/
www.cpf.gov.sg/member/tools-and-services/calculators/cpf-housing-usage
https://www.channelnewsasia.com/singapore/hdb-annual-deficit-billion-bto-flats-construction-grants-4732271
https://www.cpf.gov.sg/member/tnc/t-c-for-use-of-cpf-under-cpf-housing-scheme
https://www.facebook.com/CPFBoard