when i planned that years ago, i didn't expect to have to vomit
out around $60,000 in cash for the COV... and that's for a
bloody 4-room
between zora and i, the monthly payments can be through CPF for
a short while before the place is fully paird... that is after they
drain the rest of the CPF which is in there... but the COV part, is
effing hard to swallow...
What I did to prevent my CPF from being totally drained was to
remove an amount (perhaps an amount that can pay for about 12
months worth of the CPF payments) to some 'fixed deposit'
investment temporarily.
Then let them deduct already, then I took the money out of the
investment. This way.. in the event I lost my job or don't "feel
like working" for a while :P at least can tong paying off CPF
lor... :(
