Query on property pledge for Min Sum

[tanjm]

I believe CPF is ours and (under limited constraints) we should be able to do what we want with it. Thanks.

^^ sounds right because the original intent of this pledging is to let folks take out money even when their money is tied up with properties, mitigating the asset rich cash poor situation

In the first place i dont agree to CPF being used to fund properties... It defeats the purpose of a retirement fund and it makes as much sense as the policy of extending car loan tenor so to make it more "affordable"

The right but difficult policy is to slowly remove CPF from the property equation and hence scrap this pledging thingy. Obviously not going to be a welcome move but like LKY said, it's much easier to give than to take back.

Let me know if are able to find a pension scheme elsewhere where you can buy property and without a tax on the withdrawal.