News but not New

henrylbh

Arch-Supremacy Member
Joined
Mar 9, 2004
Messages
16,161
Reaction score
864
I was joint owner with my parent and my CPF was used to pay the HDB housing loan.

When I transferred my ownership to my sibling, HDB explained that "As it is a transfer of flat to family member, only the principal amount was required to be refunded to your CPF account."

"..... only the principal amount withdrawn by you for the flat was refunded to your Ordinary Account."
 

Mecisteus

Great Supremacy Member
Joined
Jun 16, 2002
Messages
55,859
Reaction score
12,284
This news is irrelevant to majority of us. Most of us do not get involved in such a complicated situation.

But thanks for sharing.
 
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ Forums. Forum members and moderators are responsible for their own posts. Please refer to our Community Guidelines and Standards and Terms and Conditions for more information.
Top