On the 9 May 2019, the Ministry of National Development announced 2 updates on CPF and HDB Housing Loan Support for buyers who are purchasing HDB Flats within remaining leases that does not allow the youngest buyer to stay till at least age 95.
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In the event where the flat’s remaining lease cannot cover the youngest buyer until age 95, CPF usage is pro-rated, according to the following formula:
In the event where the flat’s remaining lease cannot cover the youngest buyer until age 95, HDB Loan Support % is pro-rated, according to the following formula:
