facebookIf the govt really wants to cool the private property market, why not put a stop to allowing CPF for private property? This will stop alot of ppl selling HDB for millions then buying private property - Seedly

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Gabriel Tham

Gabriel Tham

Level 14·Tag Team Member at Kenichi Tag Team

09 Jun 2019

SeedlyTV

If the govt really wants to cool the private property market, why not put a stop to allowing CPF for private property? This will stop alot of ppl selling HDB for millions then buying private property

SeedlyTV S1E06

Discussion (4)

What are your thoughts?

They want to cool the market not crash it.
If the property market goes down too drastically, the Developers will be affected, and government can’t sell land at high price to get funds anymore.
Not to mention our high earning REIT’s might be affected.

James Yeo

James Yeo

07 Jun 2019

Level 7·Editor at SmallCapAsia.com

Then the same ppl will kb why i cannot use my cpf for big amts like buying property hehhe

Question - "How many HDB are selling for millions? "...

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