Why You Shouldn't Finance Your HDB Fully with CPF - Do This Instead скачать в хорошем качестве

Why You Shouldn't Finance Your HDB Fully with CPF - Do This Instead

Gave a talk in CPF & Your Retirement Forum 2021 about using the usage of CPF in the financing of your HDBs and homes. What are the advantages and disadvantages of doing so? Many young couples continue to use their CPF OA to pay for their monthly mortgage instalment. However many don't realise that this might affect their retirement payouts and CPF life after they hit their retirement age. In this talk, I'll walk you through an example of buying a home with different financing options and their impact on your forgone CPF interest. #CPFDownpayment #CPFRealEstate #CPFRetirement #CPFandHDB #CPFMortgage 04:00 Percentage of CPF Members Hitting Their Retirement Sum Requirement 05:29 Reverse mortgage with CPF 07:12 Singaporeans are asset rich cash poor 08:21 How much do we "Fail to earn" from CPF? 10:06 HDB financing option examples 19:20 Summary of CPF financing options 19:48 Upgrading to a condominium 22:00 Interest forgone due to condominium serviced using CPF 28:47 Avoiding future regrets, learning points 29:10 My recommendation for financing a property. Bank loan, CPF and Cash Ratio Thank you to PreceptsGroup International for inviting me to this event. You can find more of their videos about estate planning, wills and trusts here:    / @preceptsgroup   ------------------------------------------ New Book - The Future of Real Estate: https://shp.ee/uzx7ts5 Services: 🏠 Avoid making a 6 to 7 figure mistake by getting raw and unbiased advice from renowned property analyst and team before your next property purchase and investment. Property owners (residential/commercial/industrial) looking to sell, do contact us for assistance. Singapore property buyers & sellers, contact us here: +65 6235 2253 | enquiries@ipa.com.sg 🗻 Interested in investing in Japan? We have 11 years of experience with extensive knowledge in Japan properties. Get our expert advice here: http://www.propertyjapan.sg/ ✍️ Looking for real estate and legacy planning for your family? Get in touch here: +65 6235 2253 | enquiries@ipa.com.sg Programs: 🏦Investing in Singapore Real Estate After Circuit Breaker: http://bit.ly/REInvestingSG ------------------------------------------ International Property Advisor Pte Ltd. | Estate Agent No.: L3009265D If you are looking to sell your property (HDB, Condominium, Commercial or Industrial), or to get unbiased advice for your next property purchase and investment, contact us here: 360 Orchard Road #08-02 International Building Singapore 238869 +65 6235 2253 Website: https://www.ipa.com.sg/ Socials: Telegram Group (For weekly updates on Singapore's Property landscape): http://bit.ly/KSYTele Facebook:   / kusweeyongofficial   Linkedin:   / swee-yong-ku-ipa   YouTube: http://bit.ly/KSYYouTube ------------------------------------------ Ku Swee Yong is the CEO and the Key Executive Officer of International Property Advisor Pte Ltd. He is currently an adjunct faculty lecturer at Lee Kong Chian School of Business in Singapore Management University. From Nov 2013 to Nov 2016, he was concurrently the CEO of Century 21 Singapore. Prior to running his own practice, he was a Director in the Real Estate Centre of Expertise at Société Générale Private Bank, responsible for advising clients on real estate investments, the Director of Marketing and Business Development at Savills Singapore and the General Manager at Far East Organization’s Indonesia office. He has authored 5 on the property market. Between 2016 and 2020, he also taught at the Department of Real Estate at the National University of Singapore and the School of Design and Environment in Ngee Ann Polytechnic.