If asked what is the Singaporean dream these days, many couples would throw their hands up and talk about owning their own HDB flat. This is evident from the rising demand for private properties and resale HDB, resulting in the introduction of a cooling measure in December 2021. Many young couples are also vying for the limited BTO spots to move in when they tie the knot in the future.
After the decision of buying a house, the next question will be how to finance it. This will open up options like bank loans and HDB loans.
In this article, we will look at how you can use your CPF to offset the burden of paying back mortgage loans with the help of CPF.
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