Learn how to style your text
I would keep in OA as you still need the $ for HDB
Loo Cheng Chuan
14 Jun 2020
Founder at 1M65 Movement
Basic needs must come first... housing down payment to me, is a priority.. After that, I would quick...
Read 1 other comments with a Seedly account
You will also enjoy exclusive benefits and get access to members only features.
Sign up or login with an email here
Write your thoughts
Product ReviewsCredit CardsOnline BrokeragesRobo-AdvisorsCrypto ExchangesSavings AccountsBroadbandRemittance Product Sitemap
It depends on whether you have other income sources or savings that allows you the ability not to touch your OA. If you can afford to pay the down-payment from other sources, then you can consider transferring to SA.
For my own case, I topped up the down-payment with cash as I didn't want my OA to be wiped out.
But if you do not have the means to make down-payment in other ways, using OA first is a better option.