Should they in­vest in prop­erty?

Simply Her (Singapore) - - Parents 101 -

It de­pends on how much cash Mum and Dad have. Those above 55 years will need to pay a lot more cash up­front as their loan pe­riod will be much shorter, ex­plains An­drew. “More im­por­tantly, there are lim­its such as the Val­u­a­tion Limit and CPF hous­ing withdrawal limit that cap the amount of CPF that can be used for prop­erty pur­chases,” he adds.

Gre­gory says that even if one can pay fully in cash, one should still be mind­ful about liq­uid­ity. “Are you putting ev­ery­thing into a rel­a­tively nonliq­uid as­set class that can’t read­ily be con­verted into cash?” he asks.

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