🔥 Upcoming property webinar "How to TRIPLE the returns of CPF special account by buying the right property?” 🎬 Register now! 📌 bit.ly/savvyrich3 ⏩ Fast Track 1-1 consultation program info --- bit.ly/savvywa
You're right, CPF SA is not really "risk free" since there is actually policy change risk! Haizzz. But I think, property purchase can also be even more risky. So, good to balance both type of investment lah hor. My personal opinion! Btw, the CPF SA is closed for only members above 55. Those under 55 will still have their SA, which earns 4% p.a. "risk free" until age 55. You invest in REITs and blue chip also get dividend around 4-5% only, ditto T-bills. Important to diversify in this day and age.
There are investment options other than property that generate higher than 4-5% pa, for example, investing in S&P500 long term will generate 8% pa. Just an example.
@@user-mu7sh2gu4h oh, you can also earn a lot from property (capital appreciation + rental). Frankly, I prefer property compared to investing in the S&P500. It's more stable investment over the long term. (I'm talking about Singapore property, not Malaysia property).
Using oa for property will incur accrued interest that we hv to return upon selling the property ... which can b a lot ... n was told unless I dun sell the property, then no nd to pay bck the accrued interest but tat will mean till the day I pass on, I can't sell the property to buy a "better one" using cpf oa hence all these money used for property can only be passed on to my kids since they dun hv to pay back the accrued interest to my cpf account when they sell the property inherited since I m gone and no more cpf account. I was told as a result of this accrued interest payback, it is better to not use too much cpf oa to buy property. Yr view?
house always wins. Locking away hard earned money, never to be seen again, in return for trickle monthly.. better ensure one lives past 120yrs to make it worthwhile..
very true !! lastly ! is not gov playing around too, they have to make adjustments for all circumstances that change ! is our role to balance the portfolio , dun throw all money into one pot :)
Don’t expect free lunch from CPF. If SA can be close; OA and RA can also be adjusted so to keep you from reaching your own money. Leave everything in OA. Period.
Investing in property does NOT guarantee a return in excess of 4% and it is also exposed to policy risk. The advantage of property investment is the ability to leverage to enhance return. But leverage can work both ways.
SA can only top up to current FRS. I dont think 1M65 have 1MM in SA... So the calculated returns are optimistic inflated. The 1.5% diff is a lot lesser than what it seemed. So I am pretty confused why people get "angry".. 😅
Loo 1M65 is just a one trick pony.. CPF maxing out contribution.. his financial advices are generally quite misleading and terrible for newbies.. just one of those 'gurus'.
totally agree with you sir. nothing is risk free...moreover...we all already should know that garment always can change the tnc for cpf...not the first and wont be last in this case. They change your minimum sum how many times liao?Wa lao...this SA change...frankly no surprise. but thanks for the sharing...just need to remember to be prudent since you are playing ball in 'other people's' court...though knn that is still your money! LOL the irony of things
also...ya..dont blame people for your own fault..very right..these youtuber never force u or point gun at you to follow them what...u kids meh?milk spill liao want to cry foul..walao ehhh
Hi, Some curious questions to ask. I'm quite new to your channel and is still are trying to catch up your old videos. For people who are single and wants to buy condo. 1) how much cash and cpf OA should we have separately to afford one? 2) what is the recommended salary range to get afford or get loan? Your reply to my questions is appreciated. Thank yoy Mr Huat kueh
Heng ah. i did not transfer😊 . I wanted to tsf a few years back. God bless me!! In the end i buy property instead. Heng ah. Sometimes have to use brain and think and not just hear govt say😂Gov will of coz 卖花赞花香😅 Aniway be responsible in ur own decision. 🎉
Critical thinking for young adults: This guy is a property agent. So every property you buy from him, he earns a commission, so transferring OA to SA affects his ricebowl because he has less income. SA closing at 55 years old does not affect the use of SA as a 4% savings account till 55 years old. In fact, by transferring OA to SA from 35 - 55 years old. You have 20 years to save 1.5% compounded interest more so you can withdraw much more money out at 55 years old. Compared that to buying property and locking your OA monies AND accrued interest up in the property, praying in 20 years you can sell your property for a profit after covering the CPF refunds/accrued interest/levies/ABSD. So please think carefully!
@@savvyericchiew I transfer my OA to SA because I fully paid up my property already. I intend to withdraw out the extra cash, less FRS, at 55 years old, so SA closure does not affect me. I'm not pumping my additional cash to CPF, better investments out there to grow but I think OA sitting in OA is waste of opportunity since it can be grown at 4%. If I go buy a 2nd property, I need to pay 20% ABSD which is in current environment means I probably can't buy any condos, even those super small and pointless studio shoeboxes.
Thanks a lot for your video!! Can I ask for your advise? Today, I checked Lumina grand, 1.48 for 936 sdft 3b2b = 1590psf. Shall I go or wait for plantation close1? I felt now price is not good for lumina anymore as I m too late and might as well wait for plantation close 1 coz got princess Elizabeth primary (I need a good sch but ACS in 2030 p1 is too late for my son) .
For the younger generation,, use CPF strictly for retirement, I understand top up CPF with $8k is to lower yr taxes, absorb that n invest outside CPF, , you can get better interest n it’s liquid n you control your money in the end,why let the government control it?
Oh. U spelled out 1m65 fans the reason they upset about gone of SA 4%.. U are the only one in 3 days time mentioned total of 2% of cpf members 4.5m in 2023 = 90k peoples were tx from sa to cpfis before age 55 and then tx back to sa after 6 months. If 90k members with avg of $100k in sa, then ,govt will save the 1.5% about $135 millions yearly without compounding yet Very informative ...😊
I wonder where have you heard this info “OA money amount used for property can be limited also” from? Property risk usually are external risk and if that really happens, everything else is affected too.
@@wynn8888 I didn't hear it for anywhere. It's just an example of how Govt can tweak their policy. The have limits set for CPF OA usage on Stocks & Gold. They could set the same for Private properties if they wanted to. We never know.
@@thureinoo that’s why u don’t let the government control your money…invest outside CPF to get better returns , forget the top up just to save taxes. Treat CPF strictly as a retirement fund…nothing else.
Lol anything that is within SG (SG property, CPF etc.) has policy risk lah....what if next time gov says married couple cannot decouple even to buy 2 separate private properties leh? then u are screwed also....Anyway, this is an opportunity for ppl after 55 to invest in property (if they want) since with the SA closure, all excess monies above FRS will be transferred to OA which they can use for property investment...& don't forget, if someone had hit FRS when he /she was 30 & let it compound for 25 years with 4.08%, then there is a sizeable amount of excess funds above FRS that will transfer to OA for property use once he / she turns 55 So stop with the divisiveness of Team Huat Kueh vs Team 1M65; instead let us all HUAT TOGETHER!!! Thanks
Sometimes it is always to be wise to be more prudent. We should spread our risks instead of putting all eggs into the basket. Although I watch the two chap channels, they seems nice to share. Like what you say, guys be responsible for your own actions. I also invest my OA in both property and shares. All doing great. Looking forward Eric to share more great content. Huat more....
sad to say, the moment i graduated i started working in the U.S, so i don't have any CPF.. :( is it stupid if i paid my downpayment for a property in full cash (25%)? looking to buy a 3BR new launch...budget around 450k-500k for downpayment in cash. My friends tell me i'm dumb and i should just buy a resale HDB to invest the rest in stock market
I have SG clients living overseas who engaged me to build their portfolio. They feedback to me that SG props returns are much higher. I hope you can buy SG and use the returns to enjoy your overseas lifestyle 🥂🥂
Using oa for property will incur accrued interest that we hv to return upon selling the property ... which can b a lot ... n was told unless I dun sell the property, then no nd to pay bck the accrued interest but tat will mean till the day I pass on, I can't sell the property to buy a "better one" using cpf oa hence all these money used for property can only be passed on to my kids since they dun hv to pay back the accrued interest to my cpf account when they sell the property inherited since I m gone and no more cpf account. I was told as a result of this accrued interest payback, it is better to not use too much cpf oa to buy property. Yr view?
Hubby n I are 50yo, with 700k cash on hand. What investment property shld we buy in Sg at this age😅? We are staying in HDB 4R flat now for 10yrs, fully paid. TQ!
Don’t care about SA or 4.08% or Shielding. Interest rate will rise above 5%! Move your OA to FD or T-Bill. Property investment will BBQ liao. Check back this post in 2025.
Vietnam , Bali , UK properties generate negative returns after currencies conversion due to depreciation! Properties value also drop ! Overseas properties are suitable for own stay than investment unless you have many millions to spare for the games😂
Many so Call Guru advocates to attend classes , set up investment companies and buy local and foreign properties or industrial properties and partition into offices and rent out secretly . They contravene the URA,/ SLA/JTC rules and risk fine $200,000 for illegal conversion used of 40%_60% rules usage ! 😅
Means you also witnessed 34% growth in 1 year after that. There are 2 types of people. One who only look at the drop. The other one looks for opportunities. Change your wealth by changing your mindset. Peace out ✌️
Eric when are you going to announce what’s the anniversary giveaway? I think I might have better chance being the lucky winner for the giveaway than for the $12mil hong bao draw this Friday.
Invest in Vietnam property already thing of the past liao.....now people "invest" in movie leh. movie profitable but dunno divide by how many thousand people 🤣
After 55 , still have SA account for what? For that 4%? Arm chio. If one know how to invest using OA for property ,the returns far outweigh what CPF can give you once you turn 55. As a matter of fact, not only do you not want all OA to transfer to RA to be locked up, can use part of property to pledge to reduce BRS also good. Cos the capital gain from a good investment property far outweigh the 4% CPF give plus with the property can also get rental yield. Double benefit! No CPF returns can beat a good property investment done yrs earlier using the OA! Tio boh?😆😆😆
@@savvyericchiew only thing they are doing is to shield themselves from getting huat. In fact if given the option, I will gladly transfer SA to OA to buy detached.
The way you talk about 1m65 guy aka Mr Loo (yes he has a name), to talk about your huat gueh strategy is off-putting. No need to put him and his community down just to elevate yourself. Different investors have different investing strategy, goal, risk appetite. And not like Singapore's property investment is a sure fire way to make money. Esp risky as well for ppl who do not have lump sums for down payment, and not everyone wants to deal with property tax, maintenance fee etc. You don't see Mr Loo and honey money guy aka Chris (yeah he got name also) talk about other youtubers like this.
Eric are you in favour of repaying mortgage loans asap or dragging it out over 30 years and using the money to invest instead? Potential video topic? hahah 😆
Hahahaahah i love your Vietnam property comment. But its not buy vietnam property hor.. they build hotel in Vietnam 😂😂😂😂 and yah man! Go buy house in JB talk until like got dragon got horse. kns. Lol. Btw i also transferred my OA to SA. Hahahahaha
Mr 1m65 always hope sg ppty mkt crash... say sporeans will be priced out for his JB landed cos price going up...dun blame him.. typical case of preaching what you hv interest in :)
Most youngsters are living in good times compared to their grand parents or great grand parents. Investment risk tolerance should be self-accessed before making any investment decision. who knows when will the next GFC coming or maybe putin tomorrow decide to press the nuke button and we all live in nuclear winter? 🤣
🔥 Upcoming property webinar "How to TRIPLE the returns of CPF special account by buying the right property?”
🎬 Register now!
📌 bit.ly/savvyrich3
⏩ Fast Track 1-1 consultation program info --- bit.ly/savvywa
Most young working adults will benefit from watching your channel.
Welcome to team huat kueh! 🥳
You're right, CPF SA is not really "risk free" since there is actually policy change risk! Haizzz. But I think, property purchase can also be even more risky. So, good to balance both type of investment lah hor. My personal opinion! Btw, the CPF SA is closed for only members above 55. Those under 55 will still have their SA, which earns 4% p.a. "risk free" until age 55. You invest in REITs and blue chip also get dividend around 4-5% only, ditto T-bills. Important to diversify in this day and age.
👍👍
There are investment options other than property that generate higher than 4-5% pa, for example, investing in S&P500 long term will generate 8% pa. Just an example.
@@user-mu7sh2gu4h oh, you can also earn a lot from property (capital appreciation + rental). Frankly, I prefer property compared to investing in the S&P500. It's more stable investment over the long term. (I'm talking about Singapore property, not Malaysia property).
@@user-mu7sh2gu4h definitely a better way than to get money stuck at 4% 😊
Using oa for property will incur accrued interest that we hv to return upon selling the property ... which can b a lot ... n was told unless I dun sell the property, then no nd to pay bck the accrued interest but tat will mean till the day I pass on, I can't sell the property to buy a "better one" using cpf oa hence all these money used for property can only be passed on to my kids since they dun hv to pay back the accrued interest to my cpf account when they sell the property inherited since I m gone and no more cpf account. I was told as a result of this accrued interest payback, it is better to not use too much cpf oa to buy property. Yr view?
house always wins. Locking away hard earned money, never to be seen again, in return for trickle monthly.. better ensure one lives past 120yrs to make it worthwhile..
Totally agree 💯
very true !! lastly ! is not gov playing around too, they have to make adjustments for all circumstances that change ! is our role to balance the portfolio , dun throw all money into one pot :)
Don’t expect free lunch from CPF.
If SA can be close; OA and RA can also be adjusted so to keep you from reaching your own money.
Leave everything in OA. Period.
I agree! ☝️
Cpf may changes rules to disallow ppl from using oa to buy properties...ho se
@@ngym20s anything is possible so use first 😆
Investing in property does NOT guarantee a return in excess of 4% and it is also exposed to policy risk.
The advantage of property investment is the ability to leverage to enhance return. But leverage can work both ways.
SA can only top up to current FRS. I dont think 1M65 have 1MM in SA... So the calculated returns are optimistic inflated. The 1.5% diff is a lot lesser than what it seemed. So I am pretty confused why people get "angry".. 😅
Loo 1M65 is just a one trick pony.. CPF maxing out contribution.. his financial advices are generally quite misleading and terrible for newbies..
just one of those 'gurus'.
I hope younger gen to be more wise and follow the right way and method to build assets 👍
totally agree with you sir. nothing is risk free...moreover...we all already should know that garment always can change the tnc for cpf...not the first and wont be last in this case. They change your minimum sum how many times liao?Wa lao...this SA change...frankly no surprise. but thanks for the sharing...just need to remember to be prudent since you are playing ball in 'other people's' court...though knn that is still your money! LOL the irony of things
also...ya..dont blame people for your own fault..very right..these youtuber never force u or point gun at you to follow them what...u kids meh?milk spill liao want to cry foul..walao ehhh
Let’s hope more ppl stop doing this method 🥂
Welcome to team huat kueh! 🥳
Hi,
Some curious questions to ask. I'm quite new to your channel and is still are trying to catch up your old videos. For people who are single and wants to buy condo.
1) how much cash and cpf OA should we have separately to afford one?
2) what is the recommended salary range to get afford or get loan?
Your reply to my questions is appreciated. Thank yoy Mr Huat kueh
Welcome to Huat channel
1. Both to add up to min of $310k to buy 2br and $350k to buy 3br
2. The higher the better. There’s way to get more loan
Next year confirm property price will rocket super high. Most if not all OA$ confirm will be withdrawn to invest on property. Huat Ah! 👍👏
Huat kueh growing for everyone 🥳🥳
Heng ah. i did not transfer😊 . I wanted to tsf a few years back. God bless me!! In the end i buy property instead. Heng ah. Sometimes have to use brain and think and not just hear govt say😂Gov will of coz 卖花赞花香😅 Aniway be responsible in ur own decision. 🎉
I’m so glad you go for property! Welcome to Huat kueh gang! 🥳
Wah! Govt so smart ...close SA acct at 55 and this just happen overnight!
Just like property cooling measures! 😆
Critical thinking for young adults: This guy is a property agent. So every property you buy from him, he earns a commission, so transferring OA to SA affects his ricebowl because he has less income. SA closing at 55 years old does not affect the use of SA as a 4% savings account till 55 years old. In fact, by transferring OA to SA from 35 - 55 years old. You have 20 years to save 1.5% compounded interest more so you can withdraw much more money out at 55 years old. Compared that to buying property and locking your OA monies AND accrued interest up in the property, praying in 20 years you can sell your property for a profit after covering the CPF refunds/accrued interest/levies/ABSD. So please think carefully!
Hello bro, how many times must I say I’m not an agent 😂 don’t be sad if you have put money into SA instead 😆
Your theories are indeed interesting 🤣
@@savvyericchiew I transfer my OA to SA because I fully paid up my property already. I intend to withdraw out the extra cash, less FRS, at 55 years old, so SA closure does not affect me. I'm not pumping my additional cash to CPF, better investments out there to grow but I think OA sitting in OA is waste of opportunity since it can be grown at 4%. If I go buy a 2nd property, I need to pay 20% ABSD which is in current environment means I probably can't buy any condos, even those super small and pointless studio shoeboxes.
@@interestingtheories1101 happy to know you have a fully paid property! Well done! 🥂
Thanks a lot for your video!! Can I ask for your advise? Today, I checked Lumina grand, 1.48 for 936 sdft 3b2b = 1590psf. Shall I go or wait for plantation close1? I felt now price is not good for lumina anymore as I m too late and might as well wait for plantation close 1 coz got princess Elizabeth primary (I need a good sch but ACS in 2030 p1 is too late for my son) .
Plantation close may sell at same price as Lumina Grand. If you like to have your PEP then you wait for the launch 👍
For the younger generation,, use CPF strictly for retirement, I understand top up CPF with $8k is to lower yr taxes, absorb that n invest outside CPF, , you can get better interest n it’s liquid n you control your money in the end,why let the government control it?
I totally agree 💯
Invest outside of CPF and have the control to get higher returns 🥳
Steady! I like the simple explanation Sia!
Thanks man cos it’s really confusing 😆
that's not Sia, that's Eric Chiew
@@endor8witch 🙏🏼🙏🏼
Using OA to buy property is the best choice.
great to be part of the huat kueh gang!
Welcome to HKG!
wa, this video numbers of comments like will break record. last time got ppl say pty is KKQ asset, now SA also KKQ.
Divide by 2, cos I replied everyone 🥂🥂
Oh. U spelled out 1m65 fans the reason they upset about gone of SA 4%..
U are the only one in 3 days time mentioned total of 2% of cpf members 4.5m in 2023 = 90k peoples were tx from sa to cpfis before age 55 and then tx back to sa after 6 months.
If 90k members with avg of $100k in sa, then ,govt will save the 1.5% about $135 millions yearly without compounding yet
Very informative ...😊
Wow that’s a lot of money! 😱😱
do you recommend do a cash top up to CPF SA up to 8k each year as there is a tax relief for doing that?
I don’t do that also 😆
Spread the risk on different reliable investments and lead a humble life
Contented is good 👍
Being humble means not coming onto youtube and telling other people what's the right way of life.
Haha. Have been looking forward to your video since govt announcements. We are part of the huat kuey gang.
I’m still in CNY mode 😆
HKG FTW! 🥳🥳
Properties also carry the same policy risk as CPF, no? OA money amount used for property can be limited also.
You can use all OA for property before 55 and the returns is many times more than CPF SA 👍
I wonder where have you heard this info “OA money amount used for property can be limited also” from? Property risk usually are external risk and if that really happens, everything else is affected too.
@@wynn8888 well said man!! 🥂🥂
@@wynn8888 I didn't hear it for anywhere. It's just an example of how Govt can tweak their policy. The have limits set for CPF OA usage on Stocks & Gold. They could set the same for Private properties if they wanted to. We never know.
@@thureinoo that’s why u don’t let the government control your money…invest outside CPF to get better returns , forget the top up just to save taxes. Treat CPF strictly as a retirement fund…nothing else.
Lol anything that is within SG (SG property, CPF etc.) has policy risk lah....what if next time gov says married couple cannot decouple even to buy 2 separate private properties leh? then u are screwed also....Anyway, this is an opportunity for ppl after 55 to invest in property (if they want) since with the SA closure, all excess monies above FRS will be transferred to OA which they can use for property investment...& don't forget, if someone had hit FRS when he /she was 30 & let it compound for 25 years with 4.08%, then there is a sizeable amount of excess funds above FRS that will transfer to OA for property use once he / she turns 55
So stop with the divisiveness of Team Huat Kueh vs Team 1M65; instead let us all HUAT TOGETHER!!! Thanks
There can only be 1 HKG! 😆😆
Sometimes it is always to be wise to be more prudent. We should spread our risks instead of putting all eggs into the basket. Although I watch the two chap channels, they seems nice to share. Like what you say, guys be responsible for your own actions. I also invest my OA in both property and shares. All doing great. Looking forward Eric to share more great content. Huat more....
Welcome to team huat kueh! 🥳🥳
can you share your views on Lentoria or Lentor Mansion? thank you!
Will review Lentoria in few days time 🥂
Thank you for this informative video
Welcome to team huat kueh 🥳
sad to say, the moment i graduated i started working in the U.S, so i don't have any CPF.. :( is it stupid if i paid my downpayment for a property in full cash (25%)? looking to buy a 3BR new launch...budget around 450k-500k for downpayment in cash. My friends tell me i'm dumb and i should just buy a resale HDB to invest the rest in stock market
I have SG clients living overseas who engaged me to build their portfolio. They feedback to me that SG props returns are much higher.
I hope you can buy SG and use the returns to enjoy your overseas lifestyle 🥂🥂
Thank you
🥂🥂
Using oa for property will incur accrued interest that we hv to return upon selling the property ... which can b a lot ... n was told unless I dun sell the property, then no nd to pay bck the accrued interest but tat will mean till the day I pass on, I can't sell the property to buy a "better one" using cpf oa hence all these money used for property can only be passed on to my kids since they dun hv to pay back the accrued interest to my cpf account when they sell the property inherited since I m gone and no more cpf account. I was told as a result of this accrued interest payback, it is better to not use too much cpf oa to buy property. Yr view?
Best is to use cash but not everyone has enough. Capital gains will outweigh cpf accrued interest too so it’s ok to use 👍
Eric, whats your view on the latest budget for property. Tot garment will increase ceiling cap for ec but nah~~
I can do another video on property 👍
Unless you believe you have a long life . If not , lock money is dead money
I agree totally 💯
Should I do volunteer housing refund to OA so that I can buy a second property ? Currently owning an EC with my wife name.
Depends on case to case basis, usually loan will take care of that 🥂
Thanks Eric for this informative video 🥇
Welcome! Focus on property! ✌️
Actually it is good if we transfer part of OA (not all) to SA and meet FRS as early as possible.
No no no 😢😢😢
Hubby n I are 50yo, with 700k cash on hand. What investment property shld we buy in Sg at this age😅? We are staying in HDB 4R flat now for 10yrs, fully paid. TQ!
Do this up tinyurl.com/savvyasset and send to bit.ly/savvywa
Thank you very much! I will submit soon.
Eric, correct me if I am wrong, but wouldn’t OA and SA combine at 55 to become RA and get 4% interest too?
No more SA after 55
Don’t care about SA or 4.08% or Shielding. Interest rate will rise above 5%! Move your OA to FD or T-Bill. Property investment will BBQ liao. Check back this post in 2025.
Some updates for you. Fed is cutting interest this year onwards.
If one lives overseas, and is planning to renunciate their singapore citizenship, can we get back our SA money bwfore the age of 55?
I think so
Vietnam , Bali , UK properties generate negative returns after currencies conversion due to depreciation! Properties value also drop ! Overseas properties are suitable for own stay than investment unless you have many millions to spare for the games😂
Many so Call Guru advocates to attend classes , set up investment companies and buy local and foreign properties or industrial properties and partition into offices and rent out secretly . They contravene the URA,/ SLA/JTC rules and risk fine $200,000 for illegal conversion used of 40%_60% rules usage ! 😅
😂😂
Eric do you recommend using OA or cash for mortgage (20% of monthly income) for a young 30 year old couple buying their first private property?
Yes that’s the use of CPF, to buy property 👍
Only affected for those above 55 under 55 still can top up SA
Oh man please don’t 😱😱😱
U have not witness the scenario of 1997 financial crisis when property prices drip by 30-40 %
Means you also witnessed 34% growth in 1 year after that.
There are 2 types of people.
One who only look at the drop.
The other one looks for opportunities.
Change your wealth by changing your mindset.
Peace out ✌️
Huuuuuat ah Eric, again another great video!
Xie Xie! 👍
I only do cash top up to SA for income tax relief.
I don’t do it also 😆
If one is buying property via cash , do you recommend commercial or residential property?
Aiyo this one still need to ask meh? 😆
Obviously residential,more people looking to rent house/condos , stable passive income than commercial property…
@@david888a well said 🥂🥂
These people damn waste their time and brain cells 😂😂😂 …. Thanks Eric for the update … only hear of it this week …
It’s good not to know about this method 😆
SA has a cap of full retirement sum. How do someone get it top up to 1mil?
I assume the balance goes into OA 😆
Property is 100% gain?
For me in the past 15 years. I’m blessed 🥂🥂
Eric when are you going to announce what’s the anniversary giveaway? I think I might have better chance being the lucky winner for the giveaway than for the $12mil hong bao draw this Friday.
Thanks for your patience! I will share this month end 👍
Exciting!!
Sound very soft lei. cant hear clearly
Eric, you went for Taylor Swift concert?
Wife going without me 😭😭
Good video!!!
🥂🥂
2.5% good enough loh
I want 25% 😆😆
Huat Kua Gang !!! I love it !!!
HKG ftw! 🥳🥳
Invest in Vietnam property already thing of the past liao.....now people "invest" in movie leh. movie profitable but dunno divide by how many thousand people 🤣
😂
Super high level sia 😆 knowledge gap 😂😂
never knew that ppl used the SA like that. the only reason i do top ups to my SA is for tax relief.
I don’t do that too 😆
Money in CPF is consider gone
Unless use to buy property.
Confirm team huat kueh! 🥳
After 55 , still have SA account for what? For that 4%? Arm chio.
If one know how to invest using OA for property ,the returns far outweigh what CPF can give you once you turn 55.
As a matter of fact, not only do you not want all OA to transfer to RA to be locked up, can use part of property to pledge to reduce BRS also good.
Cos the capital gain from a good investment property far outweigh the 4% CPF give plus with the property can also get rental yield. Double benefit!
No CPF returns can beat a good property investment done yrs earlier using the OA!
Tio boh?😆😆😆
Exactly!! Spot on! 🥂🥂
Buy property the best! Huatkueh!
Welcome to team huat kueh 🥳
Jin funny those with $0 OA but $500,000 SA.
Fortunately I don’t have such people around me 😆
Surprised the clown emoji never come out when you say UK property 😝 Thanks Eric!!
Wahaha you miss the clown ah 🤣🤣
@@savvyericchiew 🙊😂😂
1M65 founder got a house in JB for himself...lol!!
Buy 3.55 times more, then can buy 1 in Singapore 😆
lol all the wrong moves…
@@thepreciousstones4789 if he bought local private property last time and got giant guts, he confirm 5m45 SGD👍
55 yrs and no changes meh - EXACTLY! lol ... omg
🥂🥂
ermmm...say until like property sure huat, not true though. quite a few inaccurate analysis here based on assumptions too.
Focus on the good ones. Why listen to the negative? ✌️
This method is gan dumb in the first place. Only goons like honey money will bother. Try to optimise so much in the end still hdb
Many have so much potential but unfortunately they chosen the wrong path 😢
@@savvyericchiew only thing they are doing is to shield themselves from getting huat. In fact if given the option, I will gladly transfer SA to OA to buy detached.
@@Luvmafammie can I use your joke next time? Shield from getting Huat! Lol damn funny sia! 🤣
@@savvyericchiew pls go ahead sir. Ppl need to be educated right
@@Luvmafammie right education is so important! ✌️
WHAHAHHAA I love the part of buying Vietnam, UK, Bali properties.... WHAHHAHAHA laugh until faint... super! 🤣
I try to not laugh while talking about it 😂
We now have an official name. Huat kueh gang.
Welcome to HKG! 🥂
Buy property got ABSD hacks boh?
Same 2 properties loh
Husband 1, wife 1. That’s all! ✌️
Mr Loo: "I not so free. I didn’t even watch his video." 😂
He is still busy trying to hack the CPF Board's rules 😢
But Team Huat Kueh mostly 1M45😅
I hope he goes into property to experience it 🥂
I want to be the next giant huat kueh also leh!!!
Sure huat! 👍
more advisor lining up at cpf board on jan 1 2025
I think so too 😆
They think these CPF funds are “risk free” but never considered inflation huh? In fact they are locking in a loss.
Sad many follow this method and now stuck 😢
super charge SA at young age 20s 30s is super kum gong lol
Super charged to heaven 😆
Uncle Loo already explained.
You are just repeating.
Kind reminder to advice ppl not to transfer OA to SA which is worth repeating 🥂
The way you talk about 1m65 guy aka Mr Loo (yes he has a name), to talk about your huat gueh strategy is off-putting. No need to put him and his community down just to elevate yourself. Different investors have different investing strategy, goal, risk appetite. And not like Singapore's property investment is a sure fire way to make money. Esp risky as well for ppl who do not have lump sums for down payment, and not everyone wants to deal with property tax, maintenance fee etc. You don't see Mr Loo and honey money guy aka Chris (yeah he got name also) talk about other youtubers like this.
I hope you didn't put your OA into SA, you seems to be very upset 😭
@@savvyericchiew oh thanks for caring if I transfer in my SA or not. I didn't but it's irrelevant to what I was saying anyway.
@@tulipsandpeaches1834 cos you sounded upset 😢
yeah egotistical is one thing, but egotistical by comparing and one-upping someone else in your field is just another level of greatly disturbing 😢
@@tulipsandpeaches1834 i think you are totally mistaken and confused. You should watch again and see the content again ✌️
Hi eric,if single with cpf OA $150k n cash $280k,in current market still can get good 2 bedder property?
$430k can buy $1.5mil worth of property. 3br is very possible 🥂🥂
Your reply gives us 3 sibling hope🫶 hope to inspire my 2 other sibling.i still believe in property.
@@CJfoo2017 just like how I influence all my siblings to buy private 🥂🥂
Can you dun ask ppl to buy property? wait it goes up more how? Keep secret lah.🙃
Opps 🤭
I also never heard of cpf shield till last week. Lol
It’s good not to know at all 😆
Lol. Tqvm Eric. Lol @@savvyericchiew
@@ewokmoses5909 😂😂
I think 1M65 guy might engage your 1-1 session soon with all his OA money to spend 😂
I heard he sticking to his plan, his latest video say he will live to 100 to get more CPF returns 😢
Are you looking for a video editor?
I’m the editor 😆
@@savvyericchiew may be I can edit better. Bet?
@@adityathosar I do agree! 🥂
Property more worst pay this pay that
Don’t stop there. Look at the growth ↗️
What is CPF shielding?
It's OK. You do not need to know.
Not applicable anymore 😂
It’s good not to know 😂
@@savvyericchiew exactly. Water under the bridge. Why get so upset over that 1.5% extra when you can make 10 times more through property?
@@kendrickcan3919 unfortunately they don’t believe in property 😢
Better Not Watch “Money Not Enough 3 “! Terrible Show ! Bad Advise 😂
🤣🤭
Yes. Good one 😂!
Xie Xie! 🥂
lol your channel cracks me up
Wahaha 🤣
The 1m65 guy even bought a property in JB. Hahahaha
Why always do wrong thing 🤦🏻♂️
The huat kueh gang should thank the 1M65 gang, else too many people come fight with us to buy the giant giant huat kuehs 🤣
Balance the Huats 😆
Eric are you in favour of repaying mortgage loans asap or dragging it out over 30 years and using the money to invest instead? Potential video topic? hahah 😆
I teach this my 2 days program. The way is to stretch as long as possible to keep instalment low 👍
*promo sm*
Hahahaahah i love your Vietnam property comment. But its not buy vietnam property hor.. they build hotel in Vietnam 😂😂😂😂 and yah man! Go buy house in JB talk until like got dragon got horse. kns. Lol. Btw i also transferred my OA to SA. Hahahahaha
Knowledge gap la, it’s Vietnam hotel indeed 🤣🤣
Hahaha.. There is nothing is free. A few years late everything may change again. Ending up just a paper and a lower of % OA u see.
😢😢
Btw who going to take over the resale from us at 3000psf??
There’s a lot of good ones 1500-2000psf leh
Mr 1m65 always hope sg ppty mkt crash... say sporeans will be priced out for his JB landed cos price going up...dun blame him.. typical case of preaching what you hv interest in :)
He still has chance to buy Singapore property. Let’s hope he do it when he cash out his millions from SA when he turns 55.
haha enjoy your video.
Welcome to team huat kueh! 😆
Most youngsters are living in good times compared to their grand parents or great grand parents. Investment risk tolerance should be self-accessed before making any investment decision. who knows when will the next GFC coming or maybe putin tomorrow decide to press the nuke button and we all live in nuclear winter? 🤣
👍👍