Bras Basah flat sets HDB price record
- Thread starter longhorn
- Start date
C3P0
Well-Known Member
Re: Bras Basah flat sets HDB price record
Yup, both CPF and cash. More cash I will say. Due to salary cap on CPF and also apportionment into Medisave and Special account, the remaining contribution into the ordinary account I think is difficult to catch up with the property market boom.
To be honest, my opinion is that CPF even has problem catching up with inflation. So what we save today hoping to buy a bowl of wanton mee when we get old, can only get us a bowl of soup with spring inion 30 yrs down the road.
Yup, both CPF and cash. More cash I will say. Due to salary cap on CPF and also apportionment into Medisave and Special account, the remaining contribution into the ordinary account I think is difficult to catch up with the property market boom.
To be honest, my opinion is that CPF even has problem catching up with inflation. So what we save today hoping to buy a bowl of wanton mee when we get old, can only get us a bowl of soup with spring inion 30 yrs down the road.
