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Coffeeshop Chit Chat - Sell flat to pay debts also cannot</TD><TD id=msgunetc noWrap align=right> </TD></TR></TBODY></TABLE><TABLE class=msgtable cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"> </TD><TD><TABLE border=0 cellSpacing=0 cellPadding=0><TBODY><TR class=msghead vAlign=top><TD class=msgF width="1%" noWrap align=right>From: </TD><TD class=msgFname width="68%" noWrap>Guestman551 <NOBR></NOBR> </TD><TD class=msgDate width="30%" noWrap align=right>10:17 am </TD></TR><TR class=msghead><TD class=msgT height=20 width="1%" noWrap align=right>To: </TD><TD class=msgTname width="68%" noWrap>ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> (1 of 3) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft rowSpan=4 width="1%"> </TD><TD class=wintiny noWrap align=right>30807.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>PM Ah Loon: " It is a growing trend that has got authorities concerned. Home owners selling flats to pay off debts, only then ask their MP for help in getting a rental unit"
LHL is hinting that the CPF system is going to be tweaked again. Heard from sources that home owners who sell their flats will have to top up their CPF minimum sum to $120,000 with the sale proceeds. This bloody bastard doesn't care whether you are in deep debts or not. For those who intend to sell their flats and have less than $120,000 in their CPF account, sell them fast as soon as possible if you are in deep debts or you will never be able to repay your debts.
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LHL is hinting that the CPF system is going to be tweaked again. Heard from sources that home owners who sell their flats will have to top up their CPF minimum sum to $120,000 with the sale proceeds. This bloody bastard doesn't care whether you are in deep debts or not. For those who intend to sell their flats and have less than $120,000 in their CPF account, sell them fast as soon as possible if you are in deep debts or you will never be able to repay your debts.
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