anyone got business times and saw this article?

taken from: http://forums.hardwarezone.com.sg/eat-drink-man-woman-16/wow-lau-pwc-asked-papee-dun-let-ppl-use-cpf-housing-purposes-3548350.html" false;



says that PwC thinks that cpf money to be used solely for retirement, not for buying houses. wats your take on that?



for me personally, feel that its BS, if gov implements this, would we still be able to withdraw our so called 'retirement' money at the end of our work life? think like wat some forumers in that thread mentioned, its a way for businesses to suck more money only...

It's possible if HDB flats are priced at PUBLIC housing prices rather than market prices, although they always say it's subsidised.

but somehow prices will onli keep going skyhigh... Den pple like me who havent buy a house yet will eally panic loh if cant use cpf,since pay nt tat high also.. :(

Agreed, I applied almost 10 times before getting one and yes, 5 room varies from 290 - 650 BRAND NEW.

5 rm 650? :o wah i never heard such a pricing before, unless u referring to DBSS or private condos?

"magna_strike"

5 rm 650? :o wah i never heard such a pricing before, unless u referring to DBSS or private condos?

I don't have the prices now, but back then Pinnacle already hit 500+ and I think Dawson is the one hitting 650 for high floors.

"roo7"

Agreed, I applied almost 10 times before getting one and yes, 5 room varies from 290 - 650 BRAND NEW.

yah same thing for my brother (about your age), applied 7 times iirc.