Many HDB Homeowners successfully upgraded to a private property and profited $250K from their sales.
Case Study #01
Boon Wee & Alice owned a 4 room HDB flat in Toa Payoh. They wanted to upgrade to a private property but did not know how to.
WHAT WILL YOU STAND TO GAIN FROM OUR SHARING SESSION?
With most of your CPF trapped in the HDB flat, you are potentially at risk to:
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The 2.5% interest you can earn from leaving it inside CPF
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The accrued interest of 2.5% to pay back when you eventually sell
That is 5% opportunity costs you are losing each and every year in dollar terms, for every $200K locked up in your property, you would have lost $53,200 of your money in a matter of 5 years.
