27 Feb '13, 8am

Explaining the Advantages of HDB Loans versus Bank Loans

For financing by bank loans, the CPF Ordinary Account withdrawal cap is up to 100% of the valuation limit (VL), which is the lower of the purchase price or valuation at the time of purchase. If the loan is still outstanding when this limit is breached, the housing withdrawal limit can be increased to 120% VL provided that half (entire) of the prevailing Minimum Sum is set aside for borrowers below 55 (55 and above). This housing withdrawal limit varies with the purchase date of the flat, for purchases from 2008 onwards it is 120%.

Full article: http://thefinance.sg/2013/02/27/explaining-the-advantages...

Tweets

Selling HDB flat - How to fetch a good price?

forums.condosingapore.com 27 Feb '13, 4pm

Hi all, I'm new to this forum, and have read many useful advices/tips contributed by gurus here suggesting how to buy a pr...

Singapore January Bank Loans S$499.54 Billion V...

foxbusiness.com 28 Feb '13, 2am

The Monetary Authority of Singapore Thursday released the following provisional bank lending data for January:January Year...

New Service Offers Short Term Cash Loans Secured by Your Domains & Financing for New Purchases: #domains

New Service Offers Short Term Cash Loans Secure...

dnjournal.com 26 Feb '13, 10pm

intellectual property, got the cold shoulder from traditional lenders when they needed access to capital. He founded inteL...

NAV of 5-room HDB flat only $12000? - Page 2

forums.condosingapore.com 27 Feb '13, 2am

The NAV from IRAS should be correct as it is an average for easier management. Also, don't forget, the NAV does not includ...

Bitcoin: be your own bank

vrijspreker.nl 03 Mar '13, 12pm

Een betaling versturen en ontvangen gaat met behulp van een bitcoinadres via het Bitcoin-netwerk. Dit is een peer-to-peer-...

Musk vows to repay Tesla's federal loans in fiv...

green.autoblog.com 27 Feb '13, 7pm

Yes, there are shortcomings to an electric car at this stage, but the Tesla Model S is truly something innovative and insp...

Hot off the press: Bank of China is increasing ...

forums.condosingapore.com 05 Mar '13, 7am

Hot off the press: Bank of China is increasing housing loan rates. Application form and supporting documents must be submi...

Disadvantages of Using a HDB Loan

thefinance.sg 28 Feb '13, 4pm

A way to circumvent having to use the CPF Ordinary Account balances to pay for the flat is to invest it before you make th...

MAS to place cap on motor vehicle loans from Tu...

straitstimes.com 25 Feb '13, 10am

The Monetary Authority of Singapore (MAS) will place a cap on motor vehicle loans from Tuesday Feb 26. For a motor vehicle...