Me & My Property
He uses bank loans instead of CPF to buy property
ERA Realty executive prefers to have more cash, CPF funds on hand to minimise cash-flow risks
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Buying property is a huge leap, so doing proper research, planning and keeping enough cash on hand are important, says property industry executive Eugene Koh.
Mr Koh's preferred financing strategy is to take a bank loan on property purchases, rather than draw on his cash reserves or Central Provident Fund (CPF).