22 May 2011

Learning to buy Singapore private property using CPF

It is always a dream for me to buy a property in Singapore. Weekly magazine 'The Edge Malaysia' just showed that the rental in Singapore private property is starting at SGD2,5000.00. It is not ridiculous as the rental in 3-room HDB is also starting from SGD2,000.00 as well.

As I am always keen on learning investment, I start to learn from various channels, such as the On-line Property Websites (e.g. The Edge Property, iProperty, PropertyGuru etc) as well as from magazines (e.g. The Edge) and newspapers (e.g. Business Times, Today, MyPaper etc). 

As a Singaporean PR, I also like to know how to fully utilize my CPF (a compulsory saving scheme imposed by Singapore government so that the Singaporean citizen/PR can take out the money after
the retirement or after the age of 62) to invest in residential property.

There is a very useful calculator in CPF website - http://www.cpf.gov.sg/cpfhsg/cal_input.asp to help you to calculate whether you are able to fully utilize your CPF OA & SA to support your monthly mortgage loan repayment.

As many developers advertise in newspapers, Singaporean citizen/PR can purchase the private property by putting 5% deposit in cash and 15% in cash/CPF. The rest 80% can be paid using CPF.

An advantage of purchasing private property is I am not necessarily to sell off my property in Iskandar Malaysia if I would buy a re-sell HDB in Singapore. Besides that, some private property is in freehold status. It is good to purchase a property in 'Freehold' status as compared to 'leasehold'. However, if you are a 'cash flow' player, 'leasehold' maybe a better choice for you as the rental yield could be higher compared to the earlier.

I would closely monitor the property market in Singapore. Hopefully I will get a bargain in next 1 year.


What's your view? Try to give me your comments here.

78 comments:

  1. Buying a property in singapore really not an easy job...especially they got COV, and without 40k-70k SGD, no need to dream about it...

    ReplyDelete
  2. Hi Jeff,

    Ya, it is not an easy job. I will also look for my friend who is working as a property agent to find out more.

    ReplyDelete
  3. Superb content!! I am very happy to get it. Thanks a lot....

    ReplyDelete
  4. This comment has been removed by the author.

    ReplyDelete
  5. Thanks so much for a great post about how to buy the private property in real estate market and which property is beneficial for you .


    Investment Property UK .

    ReplyDelete
  6. Thank you for taking the time to publish this information very useful! Trademark

    ReplyDelete

  7. I can see that you are an expert at your field! I am launching a website soon, and your information will be very useful for me.. Thanks for all your help and wishing you all the success in your business.
    real estate license colorado

    ReplyDelete
  8. Good posting and very nice article, and this site give a interesting information. singapore vale register now

    ReplyDelete
  9. Interesting topic for a blog. I have been searching the Internet for fun and came upon your website. Fabulous post. Thanks a ton for sharing your knowledge! It is great to see that some people still put in an effort into managing their websites. I'll be sure to check back again real soon. Whistler Grand CDL

    ReplyDelete
  10. Hey Jack, using CPF to buy property have some pros and cons. Pros is less cash outlay, however we are missing out the interest that CPF is giving at 4%, yet we have to pay 2.5% accural interest ourself...a total of more than 5% gone! Whistler Grand

    ReplyDelete
  11. I am always looking for some free kinds of stuff over the internet. There are also some companies which give free samples. But after visiting your blog, I do not visit too many blogs. Thanks. House for Sale

    ReplyDelete
  12. I’m inspired with the surpassing and preachy listing that you furnish in such little timing. Piermont Grand Punggol

    ReplyDelete
  13. What a sensational blog! This blog is too much amazing in all aspects. Especially, it looks awesome and the content available on it is utmost qualitative. Jadescape

    ReplyDelete
  14. thanks for the tips and information..i really appreciate it.. Buy CBD Edibles Online

    ReplyDelete
  15. The Florence ResidencesJuly 3, 2019 at 12:01 PM

    This is an interesting post! I will share it with the residents of The Florence Residences

    ReplyDelete
  16. This is my first time i visit here and I found so many interesting stuff in your blog especially it's discussion, thank you. ChoreRelief

    ReplyDelete
  17. I am very happy to read this. This is the type of manual that needs to be given and not the accidental misinformation that’s at the other blogs. Appreciate your sharing this best doc. jual apartemen jakarta selatan

    ReplyDelete
  18. Nice read! Always a pleasure reading! Thank you for sharing!
    Anyway, anyone heard of the project Whistler Grand in D05 in Singapore? I heard its a pretty good project with huge potential upside. Anyone else interested? Check this out! ����
    Whistler Grand

    ReplyDelete
  19. i read a lot of stuff and i found that the way of writing to clearifing that exactly want to say was very good so i am impressed and ilike to come again in future.. Buy Facebook Reviews

    ReplyDelete
  20. Great post I would like to thank you for the efforts you have made in writing this interesting and knowledgeable article. Buy Facebook Accounts With Friend

    ReplyDelete
  21. Before you purchase your first residential real estate in Singapore, you might want to find out a little bit more before you sign on the dotted line. singapore real estate

    ReplyDelete
  22. Good website! I truly love how it is easy on my eyes it is. I am wondering how I might be notified whenever a new post has been made. I have subscribed to your RSS which may do the trick? Have a great day! Las Vegas

    ReplyDelete
  23. Yes i am totally agreed with this article and i just want say that this article is very nice and very informative article.I will make sure to be reading your blog more. You made a good point but I can't help but wonder, what about the other side? !!!!!!THANKS!!!!!! cbd gummies

    ReplyDelete
  24. If you set out to make me think today; mission accomplished! I really like your writing style and how you express your ideas. Thank you. buy online medicine India

    ReplyDelete
  25. I found so many interesting stuff in your blog especially its discussion. From the tons of comments on your articles, I guess I am not the only one having all the enjoyment here! keep up the good work... opkoper autos

    ReplyDelete
  26. The article posted was very informative and useful. You people are doing a great job. Keep going. pure CBD oil

    ReplyDelete
  27. Do you think you're concerned about all of the hoopla regarding Hemp CBD? Here is a minuet section of the enormous information I ran across when researching Hemp CBD. CBD store

    ReplyDelete
  28. thank you for your interesting infomation. best CBD products

    ReplyDelete
  29. There are different essay writing services on reddit making it difficult to determine the right one for your needs. But this homework subreddit called https://www.reddit.com/r/HomeworkCentral/comments/f6qgw8/how_to_choose_the_right_essay_writing_service_on/ can provide you with the quality and legitimacy that you require from an essay writing company.

    ReplyDelete
  30. I adore your websites way of raising the awareness on your readers. seo marketplace

    ReplyDelete
  31. stage backdrop Awesome article, it was exceptionally helpful! I simply began in this and I'm becoming more acquainted with it better! Cheers, keep doing awesome!

    ReplyDelete
  32. Very interesting blog. Alot of blogs I see these days don't really provide anything that I'm interested in, but I'm most definately interested in this one. Just thought that I would post and let you know. בניית בית פרטי מחיר

    ReplyDelete
  33. A brand new paper produced by Forbes implies that Hemp CBD market could reach 20 Billion Dollars by 2024. Royal CBD oil

    ReplyDelete
  34. If you want to be a real estate builder, you would need to join a state acknowledged real estate association, take the compulsory courses to be accomplished to take your state real estate examination. Thank so much! Meyhomes Capital Phu Quoc

    ReplyDelete
  35. I was surfing the Internet for information and came across your blog. I am impressed by the information you have on this blog. It shows how well you understand this subject. buy neopoints

    ReplyDelete
  36. I read a article under the same title some time ago, but this articles quality is much, much better. How you do this.. check it out

    ReplyDelete
  37. Wow, cool post. I'd like to write like this too - taking time and real hard work to make a great article... but I put things off too much and never seem to get started. Thanks though. la diete 2 semaines

    ReplyDelete
  38. All the people migrating to Mumbai with some hope or the other naturally add to the existing population, adding more pressure fuel to the existing population fire. flat for sale mumbai

    ReplyDelete
  39. Call Clavon Showflat Hotline @ +65 6100 9266 / 90261759 for Showflat Appointment, Clavon Showroom Location, Price, Floor plans, E-brochure, VVIP Discount & Site Plans. Clavon Showroom

    ReplyDelete
  40. I have bookmarked your blog, the articles are way better than other similar blogs.. thanks for a great blog! online cbd store

    ReplyDelete
  41. Thanks for taking the time to discuss this, I feel strongly about it and love learning more on this topic. If possible, as you gain expertise, would you mind updating your blog with more information? It is extremely helpful for me. best quality cbd

    ReplyDelete
  42. Anyone can become a great real estate investor. It is going to take a lot of work and can be a struggle at times but in the end it will be the most amazing feeling ever. Real Estate Investing

    ReplyDelete
  43. Great job for publishing such a beneficial web site. Your web log isn’t only useful but it is additionally really creative too. CBD Vape Pens

    ReplyDelete
  44. This is my first time visit to your blog and I am very interested in the articles that you serve. Provide enough knowledge for me. Thank you for sharing useful and don't forget, keep sharing useful info: CBD Coconut Oil

    ReplyDelete
  45. We have sell some products of different custom boxes.it is very useful and very low price please visits this site thanks and please share this post with your friends. https://justcbdstore.uk/product-category/sugar-free-cbd-gummies/

    ReplyDelete
  46. Singapore is also called "Disneyland with the Death Penalty". I don't think you can get a loan from anywhere in Singapore at a low margin which will not make it easy for you to get into the property business. Coursework Writing Service

    ReplyDelete
  47. Wonderful website you made here, great topic and it is definitely something lots of people want discussing Im sure many other people accept me, so continue posting! haha warehouse to let

    ReplyDelete
  48. Thanks for your beyond belief blogs stuff.
    more

    ReplyDelete
  49. Positive site, where did u come up with the information on this posting?I have read a few of the articles on your website now, and I really like your style. Thanks a million and please keep up the effective work. ARE CBD FULL SPECTRUM OIL THE SAME AS CBD ISOLATE?

    ReplyDelete
  50. A private individual or a little organization that makes concentrated land credits for specific classes of property is alluded to as a private home loan moneylender private mortgage lender

    ReplyDelete
  51. car The Airport is well accessible by car from any point of Budapest. Ferihegy can be reached in 20 minutes from the City by the "Ferihegy High-Speed Road". By that high-speed road, separated by string barrier from public traffic, the Airport can be accessed practically unhindered and any obstacle might be expected under extraordinary circumstances only. budapest Apartments for sale

    ReplyDelete
  52. white label products Merchantshowroom.com is a global wholesale marketplace connecting wholesale buyers and manufacturers and wholesale distributors from around the world. Buy white label private label products and pay for them online.

    ReplyDelete
  53. Although the Dubai property market in 2012 had hit a rough patch for the last few years, the declining prices of properties will finally peter out this year and increase in the prices is expected to go up this 2013. That said though, Dubai is still considered as one of the fastest growing cities of the world and owning property here means that you can get experience that growth first hand. off plan investment in dubai

    ReplyDelete
  54. Stupendous blog you guys have provided there, I will absolutely valuate your effort.
    cannabis seed USA

    ReplyDelete
  55. Hey enormous stuff or pleasant information you are offering here.
    CBD Lozenges

    ReplyDelete
  56. nice http://www.jackphanginvestment.com/2011/05/learning-to-buy-singapore-private.html

    ReplyDelete
  57. Die Erlangung einer idealen Immobilie ist derzeit die schwierigste Aufgabe. Heidelberger wohnen erleichtert die Arbeit erheblich, indem Eigentümer, Käufer, Mieter und Vermieter mit einer Website versorgt werden. Durch den Besuch dieser Website https://my.spectrum.org/read-blog/523 können Menschen schneller Fachwissen in Bezug auf Immobilien Heidelberg erhalten.

    ReplyDelete
  58. If your looking for Online Illinois license plate sticker renewals then you have need to come to the right place.We offer the fastest Illinois license plate sticker renewals in the state. Buy Weed Online

    ReplyDelete
  59. Attractive, post. I just stumbled upon your weblog and wanted to say that I have liked browsing your blog posts. After all, I will surely subscribe to your feed, and I hope you will write again soon! hemp flowers

    ReplyDelete
  60. Very efficiently written information. It will be beneficial to anybody who utilizes it, including me. Keep up the good work. For sure i will check out more posts. This site seems to get a good amount of visitors. buy weed online uk

    ReplyDelete
  61. Thanks for sharing this information. I really like your blog post very much. You have really shared a informative and interesting blog post with people.. damac properties

    ReplyDelete
  62. This is my first time i visit here. I found so many interesting stuff in your blog especially its discussion. From the tons of comments on your articles, I guess I am not the only one having all the enjoyment here keep up the good work CBD Oil for Dogs

    ReplyDelete
  63. There's discussion of how the cannabis plant and the oil from its seeds can help in an assortment of sicknesses, for example, joint pain, glaucoma and Parkinson's illness.CBD Stores

    ReplyDelete
  64. Thanks for sharing the post.. parents are worlds best person in each lives of individual..they need or must succeed to sustain needs of the family. Full Spectrum CBD

    ReplyDelete
  65. A sure hit! Very informative! All the lessons in the course was taught properly. I can’t wait to use the knowledge I got in naming my business. CBD Gummy Bears

    ReplyDelete
  66. Very interesting blog. Alot of blogs I see these days don't really provide anything that I'm interested in, but I'm most definately interested in this one. Just thought that I would post and let you know. free online porn

    ReplyDelete
  67. Experienced real estate agents or even friends will surely advise you that as a buyer you are very likely to come across many real estate properties in foreclosure having perhaps no equity,being over priced . real estate in Cambodia

    ReplyDelete
  68. My business has just started and I must say, creating an effective brand name is difficult indeed! But after taking this course, the results were indeed phenomenal as I may have found the optimal brand name that suits my business! reliva cbd gummies

    ReplyDelete
  69. You can check the better result with the CBD products. You can find best CBD oil for athletes here. They are very good provider. You can get wholesale rate from them.

    ReplyDelete
  70. Thanks for sharing such a wonderful post. As we are real estate dealers in Haldwani, if your are looking for plot in Rampur Road Haldwani Uttarakhand, you may contact us at www.99haldwaniproperties.com.

    ReplyDelete
  71. If you are looking for where you can buy good quality weed online for delivery anywhere in smaller quantities at an affordable price rate, please kindly visit www.weedxpressuk.com for your weed strains and weed derived products.

    ReplyDelete
  72. Are you depressed, suffering from cancer, glaucoma,
    headache, insomnia, joint pains, multiple sclerosis, muscle cramps, nausea,
    etc and need the best strains of medical marijuana to help ease your pain ?? You have reached the perfect destination with quality herbs that guarantee a good and sweet life.
    Buy weed online, Dispensary weed, Buy marijuana online, Order weed online, weed for sale, when you buy from 420budmall dispensary we do top discreet shipping and delivery to your address. Buy medical Marijuana Online. Buy thc products online, buy carts online. Buy wax shatter edibles, live resin, cbd oil etc

    Buy weed online cheap,Buy cannabis products online, Buy marijuana online weed shop, marijuana buds the flower is usually consumed by smoking or vaporizing you can buy marijuana flowers in pounds from our weed store @ 420budmall.com. We have exotic weed strains like the Runtz strain, Biscotti, LA pack boys, and many orders. Skunk weed for sale Buying weed online cheap has never been this easy with the help of 420budmall.com Weed shop, You can purchase marijuana flower buds Today. The marijuana industry has always revolved around deals, even when it was only in the black market realm. Marijuana for sale online cheap, Get the strongest marijuana products on sale at 420budmall.com marijuana online shopping for less, the highest quantity weed for the least money with the high level of competition in the cannabis market.Our marijuana dispensary is mainly focused to serve the world with the best quality marijuana and expand even further with new states starting medical and recreational programs as we will in no doubt create opportunities for everyone to be able to purchase weed online. Legit Online weed shop worldwide delivery - Marijuana for sale online cheap - Buy real kush online cheap -Purchase real weed online UK - Order real marijuana online Canada - Marijuana for sale - Marijuana dispensary shipping worldwide - Buy weed Online cheap - Legit weed dispensary shop in the USA, cheap weed online shop. Skunk weed for sale Mail order weed online UK Marijuana Dispensary USA deliveries, we deliver Mail Order marijua
    na products across UK, Ireland, EU, and worldwide. We offer a marijuana discreet shipping USA without being discovered. UK Mail Order Marijuana. 420 Mail Order UK. Buy Weed Online USA and Enjoy our vast selection of craft cannabis flowers, edibles, and concentrates from the comfort of your own home! Our goal is to provide our clients with the most secure, reliable, and safe experience when you buy weed online cheap or mail order weed online with the fastest deliveries, Skunk weed for sale Skunk weed for sale also known as AAA weed, buy skunk weed online today and have it delivered at your doorstep. top-shelf exotic weed for. Buy real weed from 420budmall.com if you want to buy some weed or how to order weed, how to order weed online, AAA weed for sale online, kali weed, Skunk weed UK, buy hash online USA, how to get free, buy AAA weed or the best quality, UK Cali, UK Cali, cannabis UK, Cali apparel UK, buy green crack online, are there girl scout cookies in England, Cali UK, is weed legal in England, buy cannabis edibles UK, is weed legal in Scotland, Buy Cannabis Products Online, buy sour diesel online, tko carts, death star og, is cheap weed ca legit cookies carts, death star og, 420 bud

    WhatsApp: +14154846193
    Email: Watsonmuld@gmail.com
    Website: https://420budmall.com/

    ReplyDelete
  73. If you are looking for where you can buy good quality weed online for delivery anywhere in smaller quantities at an affordable price rate, please kindly visit www.cannabispharmuk.com for your weed strains and weed derived products.

    ReplyDelete
  74. Really good article. Thank for you for posting this. I will keep it in mind when I want to buy Neopets Items at anoneo

    ReplyDelete
  75. Wow, What a Excellent post. I really found this to much informatics. It is what i was searching for.I would like to suggest you that please keep sharing such type of info.Thanks Are CBD gummies suitable for kids?

    ReplyDelete

Related Posts Plugin for WordPress, Blogger...

View All My Posts Here