Lets say I sell my HDB flat for $500K and the flat is full paid off. But my CPF kosong, no minimum sum because I am self employed all these years. Also no medisave.
Will part of that $500K kena stuck in CPF to fulfill that minimum sum.
Thinking of upgrading to condo by using the $500K as downpayment. But do not want large chunk of it to be stuck in CPF.
Or is it a case where as long as $ is used for property it is ok
Will part of that $500K kena stuck in CPF to fulfill that minimum sum.
Thinking of upgrading to condo by using the $500K as downpayment. But do not want large chunk of it to be stuck in CPF.
Or is it a case where as long as $ is used for property it is ok