There are many reasons why people would like to upgrade to a private apartment. Some may be looking to upgrade to bigger hdb, others may want to move closer to work or school, and some may even just want to have their hdb upgrade to condo for a lifestyle change.
Whatever the reason for wanting a private apartment, it is important that you have a sound property asset progression plan
One of the ways you can make your money work harder for you is to take advantage of the guaranteed interest generated in your CPF Ordinary Account.
If you are ever thinking of upgrading your HDB, one suggestion is that instead of wiping out your entire CPF Ordinary Account to downpay for your next property upgrade, you should consider leaving some in your CPF Ordinary Account as reserve to grow your money as you make the next upgrade.
Let me show you how you can do it in a short 1 and a half minute Tiktok video.
@newgenhome.com Make use of your CPF to grow your reserve when you make that upgrade to a private property #cpf #sgproperty #sgrealestate #sgrealtor #sgtiktok #sg ♬ original sound - newgenhome.com
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As a real estate professional, I understand that many home owners have different financial situations and it is my goal to help each and everyone create their own asset progression path so that they can give their loved ones a financially secure future by making the right property decision.
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