28 Jun, 01:26PM in sunny Singapore!
Home Chit Chat

Is it possible to buy a HDB in singapore without CPF?

Subscribe to Is it possible to buy a HDB in singapore without CPF? 10 posts

Please Login or Signup to reply.
  • Princessisland2001's Avatar
    34 posts since Jun '11
    • My mom kept telling me how important it is to work a job that has CPF because without CPF I won't be able to buy a HDB flat in singapore.

      Every time I bring up the idea of self-employment, my mom would start saying stuff like, "Oh but it doesn't have CPF. You won't be able to buy a HDB flat in singapore without much money in your CPF."

      Is what she said true? Is it impossible to buy a HDB flat in singapore without much CPF? Isn't there any other alternatives to CPF, for example, forking out money from my bank savings account to buy a HDB flat instead of using CPF?

      Or is CPF really a die die must-have when it comes to buying a HDB flat in singapore?

       

  • Queen of sgForums
    驚世駭俗醜不啦嘰 moderatress
    FireIce's Avatar
    262,766 posts since Dec '99
  • SOI's Avatar
    18 posts since Apr '17
    • Presumed you already working. Another way is a windfall. Try investing a dollar per draw in Toto, twice a week. Nobody knows their own lucky day so I can only say this.....

      No try Toto, no hope, Buy Toto, have chance.

      That's what majority of people including the working clasee are hoping for. Your Choice.

  • TehJarVu's Avatar
    116,513 posts since Dec '03
    • CPF is partly your own 20% plus employer give you another 17%, of your salary

      of course you can buy a hdb flat by eg. cash, if you have say $160,000 for a 3-room BTO
      or by taking bank loan, but there is a max. amount you can loan.
      u must also be able to repay your loan.

      the resale market price will be much more than $160,000

  • Queen of sgForums
    驚世駭俗醜不啦嘰 moderatress
    FireIce's Avatar
    262,766 posts since Dec '99
    • Originally posted by TehJarVu:

       $160,000 for a 3-room BTO

      wahhhhhh

      go where find now?!?!?!?

  • TehJarVu's Avatar
    116,513 posts since Dec '03
  • Lkshis's Avatar
    6 posts since Nov '09
  • Hlkhjx's Avatar
    2 posts since May '17
  • Generalelite's Avatar
    11 posts since Mar '13
  • <Precious>'s Avatar
    6,590 posts since Jul '06
    • Yes, it's entirely possible.

      A housing agent pal of mine told me his client paid for a resale flat with 2 suitcases of hard cash.....!

       

Please Login or Signup to reply.