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New rules on buying properties using CPF, HDB housing loans to kick in on Friday, 10 May 2019

New rules on buying properties using CPF, HDB housing loans to kick in on Friday, 10 May 2019

09 May 2019 05:00PM (Updated: 09 May 2019 05:08PM) Singapore, Source from CNA

SINGAPORE: New rules on buying homes using CPF or HDB housing loans will be introduced, that will focus on whether the lease of the property can cover the buyer until at least age 95. 

This was announced on Thursday (May 9) by the Ministry of National Development and Ministry of Manpower. 

The changes, which…

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