CPF Housing Schemes & Calculations (C2L1S0710)

$55.00 (Member Price: $35.00)

Credit Hours 2 Core Hours
Date & Time September 18, 2019 10:00 am – 12:15 pm
Other Sessions September 11, 2019 2:30 pm – 4:45 pm
Venue IEA Training Room #07-01
480 Lorong 6 Toa Payoh HDB Hub
East Wing Lobby 1
Singapore 310480
View map
Availability Seats Available

The Central Provident Fund (CPF) is a comprehensive social security savings plan that has provided many working Singaporeans with a sense of security & confidence for their retirement years.

There are CPF Housing Schemes enabling CPF members to use their CPF Ordinary Account Savings to buy private residential properties & HDB flats.  This lesson will look at those CPF Housing Schemes including CPF calculations, that salespersons must be familiar with when conducting estate agency work in relation to the Code of Ethics & Professional Client Care.

Participants will have a good knowledge and understanding of the following:

  1. Usage of CPF monies for purchase of private residential properties under the Private Properties Scheme
  2. Usage of CPF monies for purchase of HDB flats under the Public Housing Scheme
  3. The CPF monies that can be used for residential properties with remaining lease of less than 60 years
  4. The need to be covered under the CPF Home Protection Scheme Insurance if using CPF monies to pay monthly instalments of HDB flats
  5. Refund of CPF monies upon the sale of a property or should a couple file for divorce

Terms & Conditions                                                       

  • Registration Form & Payment must be submitted before course date to IEA Secretariat Office at 480 Lorong 6 Toa Payoh HDB Hub East Wing #07-01 Singapore 310480. Cross cheque should be made in favour of ”IEA”
  • Fees paid are non refundable under any circumstances
  • IEA reserves the right to make appropriate changes when necessary & every effort will be made to inform participants.
  • IEA reserves the right to change the venue and time.
  • First-Come-First-Serve Basis
  • No Reservation through phone or email or fax
  • Online Registration will subject to seats availability
  • Seats will only be confirmed upon receiving forms & payments AND subject to seats availability
  • Your attendance will be marked as ‘Absent’ if you are 15 mins late after session begins, away for more than 5 mins during session, return late from break or leave early before session ends.
  • UTAP Eligibility : Please refer to the U Associate Programme for the Terms & Conditions on the eligibility for the UTAP Claim.

Please contact IEA at 6323 1770 or email cpd@iea.sg for enquiries.