CPF Series

If I have some Cash on hand and some CPF on hand, should I use my CPF funds for purchase of the property first or should I use my Cash first?   Understanding the returns that you will be getting from your funds The first question I will ask myself before deciding on using cash … Read More

Having use your CPF monies when you purchase a your property comes with an opportunity cost. So what is the opportunity cost? Here we will explore how the use of CPF can work for you or work against you and hence affecting the profit you can get when you sell your property.   First, Understanding … Read More

In my previous article, I’ve discussed about the Valuation limit and Withdrawal Limit of CPF OA (ordinary account). Read it here if you want to know more. If you intend to use CPF Ordinary Account (OA) monies to pay for you property purchase, do note that there will be some restrictions on the use of … Read More

CPF, or the Central Provident Fund is a compulsory comprehensive savings plan for working Singaporeans and permanent residents primarily to fund their retirement, healthcare, and housing needs. The CPF is an employment based savings scheme with employers and employees contributing a mandated amount to the Fund. It is administered by the Central Provident Fund Board, … Read More