should i transfer my OA to SA to quickly hit the minimum so that whatever overflows from SA and MA will go into OA for my second property? I have hit my MA recently and my OA + SA is around 100k

As long as you maintain a safe buffer (your savings can service the mortgage for six to 12 months), this is an approach you can consider. However, don’t do it if you’d be on a shoestring budget without savings.

One common issue of people who do this is that, when things go wrong, they start resorting to credit cards and personal loans; this would defeat the entire purpose.

You can read more abour prepping for your first home on the 99.co blog!

If I am intending to use the money to purchase a house, I wouldn't aggressively transfer my funds over to my SA. If you are taking an approach that you would want to build your SA to hit the minimum sum fast, by all means do the transfer.

If you are still thinking to purchase a property, you might want to be careful on the top up. Funds transferred from OA to SA is permanent and irreversible. I won't wnat to be caught in the situation when I want to purchase a property and I have all my money in SA locked up for retirement.

If you have some spare in your OA, by all means do up some transfer to maximize yield. Just have to ensure you got sufficient spare in OA when you want to purchase your property.