Upgrade to a S$2.5m home with a S$60k top-up

YOUR home is an important storage of wealth. There are six property investment strategies for unlocking its value:

1. Zero cash outlay upgrade 2. Cash out and upgrade 3. Cash out and right-size 4. Cash out and maintain a similar home 5. Cash out and rent 6. Cash out completely

In last week's column, I showed how to use your capital gains and Central Provident Fund (CPF) to upgrade with zero cash outlay. This is an attractive option for young families who would like to expand their living space without dipping into regular savings.