facebookMy frd has to sell his resale flat as his BTO is coming. intend to to park the cpf+accured int. from the sale to invest, & a min. sum left for his HDB loan and mthly cpf contribution. Any views? - Seedly

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Anonymous

12 Feb 2025

Property

My frd has to sell his resale flat as his BTO is coming. intend to to park the cpf+accured int. from the sale to invest, & a min. sum left for his HDB loan and mthly cpf contribution. Any views?

Discussion (8)

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FairLoan Mortgage SG

18d ago

Chief Analyst at Fairloan Mortgage Advisory

As long as he can take up the required loan amount. And also in time to park his CPF-OA for the investment.

I guess its fine.

But investment involves risks, alws DYODD!

Anonymous Poster

19 Feb 2025

I guess he's nt very sure. Now that hdb got to know that there's cash proceed and asked him to put into the purchase of bto. If he dont borrow hdb loan he can in fact paid off the house. Anyone encounter it?

Tony

13 Feb 2025

Computer Engineering at Nanyang Technological university

It depends on your friend goals and plans.. his risk profiles, how stable is his job, and most impor...

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