John Tan will praise PAP: Flat buyers can now keep S$20,000 in CPF when taking HDB loan

[micromachine]

Flat buyers can now choose to keep up to S$20,000 each in their Central Provident Fund (CPF) when taking a loan from the Housing and Development Board (HDB), the housing board said on Tuesday (Aug 28).

https://tinyurI.com/y7ht67pg

 

[AhMeng]

For fug use?

 

[Bonut]

For fug use?

That means they want you to take up a higher loan. Last time you need to exhaust your CPF before you can loan the shortfall. Now you keep $20,000 in CPF means you keep $20,000 until 65 years old, so you need to take up a higher loan to make up the difference.

 

[sweetiepie]

For fug use?

KNN so that they can standby force you to pay medishield and other protection money KNN

 

[micromachine]

 

[Bonut]

KNN so that they can standby force you to pay medishield and other protection money KNN

You are right. That means YOU can't use $20,000 from your CPF and YOU must now borrow $20,000 to make up the difference. The $20,000 in your CPF is to make sure YOU have money in the future to pay your Medishield.

In short, they are making you borrow money NOW to pay for your Medishield in the future.

 

[bobby]

Confirm liao...CPF bankrupt.

 

[Kotekbengkok]

Would like to see how many stupid sinkies fall for ths slieght of hand trick. I reckon hardly any as most already near bankrupycy and scrapping the barrel to use very single cent to pay for their over priced piegeon holes. So when Loony sees this trick does not work, it will be made compulsory that 20k must be retained just in case you lose your job blah blah . Of course this policy to HELP singaporeons to be frugal, will only be introduced after election after 70% have given their go ahead.

You are right. That means YOU can't use $20,000 from your CPF and YOU must now borrow $20,000 to make up the difference. The $20,000 in your CPF is to make sure YOU have money in the future to pay your Medishield.

In short, they are making you borrow money NOW to pay for your Medishield in the future.

 

[glockman]

Would like to see how many stupid sinkies fall for ths slieght of hand trick. I reckon hardly any as most already near bankrupycy and scrapping the barrel to use very single cent to pay for their over priced piegeon holes. So when Loony sees this trick does not work, it will be made compulsory that 20k must be retained just in case you lose your job blah blah . Of course this policy to HELP singaporeons to be frugal, will only be introduced after election after 70% have given their go ahead.

I have lived long enough to know that nothing the pap does is for the benefit of the common man. They can sugarcoat shit and daft sinkies will lap it all up gleefully.

 

[Robert Half]

Assuming your housing loan is $1,600 a month.

$20,000 / $1,600 = 12.5 months

If losers like @ginfreely lost their jobs, they don't have to worry about paying mortgages for 1 year

 

[sweetiepie]

Confirm liao...CPF bankrupt.

KNN what happen if 1 day they say cannot use all cpf to buy hdb flat kNN

 

[sweetiepie]

I have lived long enough to know that nothing the pap does is for the benefit of the common man. They can sugarcoat shit and daft sinkies will lap it all up gleefully.

George Carlin — ‘Think of how stupid the average person is, and realize half of them are stupider than that.’

 

[batman1]

Another old pattern by PAP : LPPL and sinkees so happy ???

 

[Leongsam]

An excellent move. This shows just how much the PAP cares about you.

 

[JohnTan]

PAP is so good. This shows that CPF Board is flushed with cash. Any oppies who have been spreading lies that CPF doesn't have enough cash to meet sinkies' retirement needs should be ashamed of themselves.

Oppie Roy, are you ashamed of yourself yet?

 

[Leongsam]

PAP is so good. This shows that CPF Board is flushed with cash. Any oppies who have been spreading lies that CPF doesn't have enough cash to meet sinkies' retirement needs should be ashamed of themselves.

Oppie Roy, are you ashamed of yourself yet?

Just checking with you John did you put in a good word for that cockatoo?

 

[greedy and cunning]

An excellent move. This shows just how much the PAP cares about you.

an excellent observation !
this is way to add oil to the fire of anger.

 

[JohnTan]

Just checking with you John did you put in a good word for that cockatoo?

I did. That bird should be safe.

 

[rotiprata]

in the 70s, you only paid $12,500 for a 3 RM HDB
only those balls licking and cock sucking grassloot leaders and fake burmaese will tell you cock & bull stories

 

[Annunaki]