(Online Professional) CPF Housing Schemes & Calculations (P105S0710)

$35.00

Credits 2 Professional Credits
Speaker
Date & Time October 4, 2021 10:30 am – 12:45 pm
Venue ZOOM
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Availability Seats Available

Course Brief

The Central Provident fund (CPF) is a comprehensive Social Security savings plan that has provided many working Singaporeans with a sense of security and 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 and HDB flats. This lesson will look at how the CPF housing schemes including CPF calculation that salesperson must be familiar with when conducting estate agency work in relation to the code of ethics and professional client care.

Learning Outcome

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 property scheme.
  2. Usage of CPF monies for purchase of HDB Flats on 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 money to pay monthly installment of HDB flat.
  5. Refund of CPF monies upon the sale of a property or should a couple file for divorce.
* Not required to create PropSage account and install the mobile app *

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*  Please attend the Online CPD on a laptop.  It is not advisable to use the phone for the online class. 

Terms & Conditions

  • Registration & Payment must be submitted via IEA’s online course page before course date.
  • Fees paid are non-refundable.  $5.00 Admin Fee will be imposed for refund request.
  • IEA reserves the right to make appropriate changes when necessary & every effort will be made to inform participants.
  • First-Come-First-Served.
  • No Reservation through phone or email or fax.
  • Email notification will be sent 2 working days upon online registration.
  • A reminder email from Zoom will be sent 1 day before the actual course date with log in instructions included.
  • On the actual day of the course, you are required to log-in 15 minutes before the actual lesson time. (e.g. lesson scheduled at 2.30pm, you need to log in by 2.25pm).
  • Attendance will be denied if log-in after the actual lesson time. (e.g. lesson scheduled at 2.30pm, you will not be able to log in at 2.31pm).
  • UTAP Eligibility : Please refer to the U Associate Programme for the Terms & Conditions on the eligibility for the UTAP Claim
  • Please contact IEA via [email protected] for clarifications & further enquiries.