+ 65 9855 4844

480 Toa Payoh Lorong 6 #10-01 HDB Hub East Wing  Singapore 310480

I have almost fully paid off my property,
why should I upgrade?

scenerios

i HAVE ALMOST FULLY PAID OFF MY PROPERTY, WHY SHOULD I UPGRADE?

Locking away all your CPF in your PROPERTY is eating away your wealth

With all or most of your CPF dumped into your PROPERTY:

You don’t get to earn 2.5% interest from leaving it inside CPF and you accrue interest of 2.5% on the CPF you used

That is 5% OPPORTUNITY COST every year

For example, if $200,000 worth of CPF funds is put into your PROPERTY, at the end of 5 years, you lose$26,600 in interest earnings. Selling your PROPERTY at the end of 5 years, you would have to return $226,600 to CPF, which is $26,600 less cash from your property sales proceeds.

In Total, $53,200!!