Retirement and housing: balanced approach needed

THIS WEEK'S TOPIC: To what extent should CPF savings be allowed for the purchase of shorter-lease property (both public and private)? How might the trade-off between protecting the value of older leasehold property and safeguarding Singaporeans' retirement adequacy be managed?

Tony Lombardo Lendlease CEO Asia

PRIME Minister Lee Hsien Loong's National Day Rally announcements have helped to alleviate concerns and uncertainty with regards to expiring leases of older HDB flats. It is timely to review the CPF limit for these flats, a move that will provide Singaporeans added flexibility in the use of their CPF savings.