Use less cpf for 🏠 instalment.

Already known,  CPF is meant for our retirement. But often, we have limited cash,  so we have to use CPF to service our instalment.

OK, this year 2020 I have a plan in mind which is to reduce the use of CPF 💰 for 🏠instalment.

As shown, my monthly payment is $579.
I have some spare cash from my grabhitch. So, I will use it to pay the instalment about $300/mth.

So CPF payment is 279 and cash is 300. ✌️
Start small.

Bto ballot process

Ist time put 10$ to ballot bto 🏠. 4 room unit.
Waited about 2wks and managed to get a Q number of 294/235 😒
Nevertheless,  ☝️ cross.
🙏 for ppl to drop out 😂
Hope can get to select a unit. (Low floor I also ok ✌️)

I applied as a Ist timer + pps scheme + mcps scheme.

The new Parenthood Priority Scheme (PPS) under HDB gives priority allocation for new HDB flats to first-timer married couples with a citizen child below the age of 16 (including those expecting a child), by setting aside a proportion of flats for them, to better meet their housing needs.

Married Child Priority Scheme (MCPS)

This scheme helps a married child and the parents to live with or close to each other for mutual care and support, by improving the flat applicants’ chances when they ballot for a new flat. Fiancé/Fiancée applicants may also apply for the MCPS.

Meanwhile,  go to HDB webpage to apply HLE.
HLE is valid for 6 months and need to submit during the booking of unit.

Need not worry if the loan amount is insufficient as you will have 3 years++ to beef up your CPF or save more 💰.

Nearing to collect keys, you can then apply another HLE to see the amount you can borrow.

To be continued... 



Updates : 11/1/2020

With the Q number 294/235, I am more interested in the dropout rate.

U can call hdb 🏠 hotline 1800-8663066. Then u can key in your sales application number to know the last Q number.

Last Q number is 59.
16 did not book a unit.
Drop out rate is 27%

Mathematically my Q number now is 277/235.


Updates : 17/1/2020
Last Q number 98
26 did not book a unit
268/235 now.  Looking 👍

19/1/2020 :  Ho seh.  ✌️
Gotten the appointment date.

22/1/2020 : last Q number 122
31 did not book a unit.
263/235 now. 😊

28/1/2020 : last Q number 145
124 unit left /235
111 booked an unit
34 did not book an unit
260/235 now.

31/1/2020 : last Q number 168

107 unit left /235
118 booked an unit
40 did not book an unit
254/235 now.

5/2/2020 : last Q number 193

87 unit left /235
138 booked an unit
45 did not book an unit
249/235 now. ✌️


6/2/2020 : last Q number 201

84 unit left /235
151 booked an unit
50 did not book an unit
244/235 now. ✌️


7//2/2020 : last Q number 208

79 unit left /235
156 booked an unit
52 did not book an unit
242/235 now. ✌️
Drop out rate 25%


10/2/2020 : last Q number 224

67 unit left /235
168 booked an unit
56 did not book an unit
238/235 now. ✌️
Drop out rate 25%


11/2/2020 : last Q number 240

56 unit left /235
179 booked an unit
61 did not book an unit
233/235 now. ✌️


12/2/2020 : last Q number 256

48 unit left /235
187 booked an unit
68 did not book an unit
226/235 now. ✌️
Drop rate 26.5%



13/2/2020 : last Q number 272

42 unit left /235
193 booked an unit
78 did not book an unit
216/235 now. ✌️


Secured an unit. hooray!

Ist of Jan2020. Cpf interest jeep Le.

Pmi and msl is the hospitalization 🏥 plan.  Paid using MA interest.  ✌️

As shown OA, i still maintain about 36 mths worth of amt to service housing loan.

Well,  I can continue to relac under a 🍌leaf.

Happy 2020