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'Puzzling' plan to buy over HDB flat costs man $200k
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The man could have paid off the HDB mortgage of $125,000 himself but he chose to put the whole amount into his wife's CPF.
ST PHOTO: KUA CHEE SIONG
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SINGAPORE - There are two crucial points when it comes to financial planning - understanding exactly what you are going to do and sticking to it through thick and thin.
Get them wrong and you could pay a heavy price as a man here knows all too well now, given he stands to lose $205,000 after a series of decisions on his part that a judge found "puzzling".
