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Anonymous

03 Sep 2024

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Should I bid for an 2 room BTO if I am going to inherit a flat or let the money grow in the OA account ?

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YOC

30 Sep 2024

Yes if you dont mind the current living arrangement then why not?

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Ian

07 Sep 2024

Depends on your needs for your lifestyle. Are you okay staying with your parents

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I.L.

06 Sep 2024

If you dont mind staying with your parents, just continue to do so until you inherit the house. Housing is expensive and you are better off using the mortgage money for your investment, etc

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YY

05 Sep 2024

If you can afford, I would get a studio/1BR condo/EC, and rent out the HDB flat to cover the mortgage while staying in the condo.

That way, it's a higher appreciation of capital due to the higher leverage.

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Kent Toh

04 Sep 2024

Consultant at Sprinklr

I would bid for the 2 rm.

If you do get the 2rm, then in the meantime, you can decide if you want ...

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HDB is going to wipe out most of my OA when I buy BTO. Do you think I should let it wipe out my OA(excluding first 20k) or do you think I should start accumulating STI ETF using money in OA?

I'm 35 with 2 kids (P1 & K1), we have fully paid up our 4 room hdb flat with OA, now we are slowly building up our OA, thinking since now we do not have any use for OA, is it wise to transfer to SA?

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Is it advisable for a 25 year old to transfer some of their OA( OA above 20k) into SA to aid in reaching 1M65 when they are buying a bto flat 5 room (price 350k & no grants) in 4 to 5 years time?

Hi! I bought my BTO flat 3 years ago and have cleared my OA. I do not intend to sell my flat. I'm thinking of my retirement plan now. Shall I top up my SA account as part of my retirement plan?

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