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Thinking of buying an older HDB flat just because it’s cheap? You might want to pause — and watch this first. In this video, I break down the hidden risks behind some of the lowest-priced 3-room flats in Singapore. What seems like a great deal today could become a financial trap later — especially after age 55. We’ll cover: ✅ CPF housing usage rules (and how much CPF you can actually use) ✅ Lease decay and why it affects resale value ✅ Why fewer buyers = weaker exit strategy ✅ What SERS, HIP, HIP II, and VERS really mean for older flats ✅ 5 additional risks many buyers overlook 🧮 Try the CPF Housing Usage Calculator here: 👉 https://www.cpf.gov.sg/member/tools-a... If you’re thinking long-term — retirement, upgrading, or passing wealth to your kids — don’t miss this. Know what you’re really buying. 📌 Chapters: 0:00 Intro — The Hidden Risks of Older HDB Flats 0:28 Cheapest listing 1:06 CPF Rules & Limited Usage Explained 2:50 Lease Decay, Resale Risks & Lawrence Wong’s Warning 3:12 SERS, HIP, HIP II & VERS — What’s Realistic? 5:16 Final Thoughts — Should You Still Buy an Older Flat? 📌 Subscribe for weekly content on HDB, CPF, and smart retirement planning — especially if you’re 55 and above. 🟢 Book a FREE 15-minute phone consultation with me: Drop your details here and I’ll be in touch 👉🏻 https://kennethteiw.co/resourcehub55plus 🔗 Download your FREE Visual Guide: Plan your next home after 55 👉🏻https://drive.google.com/file/d/16o85... 🎥 Related Videos: Why Selling Your HDB After 55 Could Be a Big Mistake 👉🏻 • Most Seniors Sell Too Early — Here’s What ... 🤝 Want to collaborate? We’re open to content, legal, or advisory partnerships 👉🏻 https://bit.ly/3HSVIcn #HDBSingapore #CPF #OldHDBFlats #PropertySingapore #RetirementPlanning #NextHome55+