On September 10, Minister for National Development Lawrence Wong announced higher CPF grants and higher income ceilings for HDB and EC homebuyers. The new policies make it more attractive to buy new BTO flats and HDB resale flats.
Can old HDB resale flat owners really benefit from the additional CPF grants? Who are the biggest loser the new changes? Let me tell you the three main reasons in this video.
You can now watch the podcast below. The video comes with full script or subtitles. If you are watching from your mobile, ensure that the “Caption” function is on. If you are on your desktop, turn on the “cc” button – the leftmost button at the bottom right hand corner.
If you like this video, please give me a “Like” and subscribe to my youtube channel.
I will be re-running the How to Buy Good Quality Properties Workshop on November 16. Don’t miss it if you want to learn from my honest sharing of how to pick the best project, direction, facing, layout, fengshui, etc. in BTO, condo or landed project. Sign up now and see you there!
Cobwed says
Since you asked, I let you know I am one of the biggest losers, having never gained at all despite my age now being 60 and paying taxes all these while.
So?
Property Soul says
Hahaha. You are too humble. Life is like that. Sometimes you win, sometimes you lose. If you lose all the time, at least you learn something. If you win all the time, there is also no fun.