Friday, July 22, 2022
Sunday, July 3, 2022
CPF Annual Report 2021 (1.134M42 Regrossed Balances)
CPF Annual Report 2021 had just been released!
Benchmark our CPF balances with the national data with the "All CPF Members" table.
CPF_AnnualReport2021_Part1.pdf
CPF_AnnualReport2021_Part2.pdf
With regrossed balance definition, we have a combined S$1.134million dollars in CPF. : ) That sounds better.Anyway, net cash balance in CPF account is S$849,000 instead.
The key is to
stay employed.
The regrossed balance includes the
monies you have spent on investment / housing loan / education, etc.
.
I personally think that is the right way of calculating as that shows your ability to draw cash into the CPF account (be it yourself or from the employer contribution).
Nevertheless, it excludes how well
your stocks/ Endowus performance in the CPF OA account as they only count the
amount you throw in.
That says, if your stocks/
Endowus perform well above 2.5% given by the CPF OA, you will expect
much larger sum the moment you sell and return back to CPF OA!
Vice
versa.
We have achieved 1.134M42 and now target at 4M65.
Friday, June 24, 2022
Contents
Hot financial topics in
(2) CPF (Central Provident Fund) & Delaying Monthly CPF Life Payout ? (12 blogs)
Moment of Truth: CPF - Having a Good Retirement Life in Singapore.
Delaying Monthly CPF LIFE Payouts?
(3) How To Plan For Your Baby's Future (My Complete List Versus CPF Article)
http://jkfund.blogspot.com/2017/04/how-to-plan-for-your-babys-future-my.html
(4)
http://jkfund.blogspot.sg/2014/09/retirement-planning-in-singapore-srs.html
(5) HDB De-Coupling:
http://jkfund.blogspot.sg/2014/06/hdb-decouple-topic-spr-sc-household.html
(6) Investment Linked Plan Insurance (For Baby)
http://jkfund.blogspot.sg/2012/10/investment-linked-fund-for-infant.html
(7) Whole Life Insurance Plan (For Baby)
http://jkfund.blogspot.sg/2012/10/buy-life-insurance-as-early-as-possible.html
(8) CPF (Central Provident Fund) For Baby (2 Blogs)
http://jkfund.blogspot.sg/2015/05/cpf-versus-whole-life-insurance-for-kids.html
http://jkfund.blogspot.sg/2015/03/age-1-baby-has-cpf-account-do-you-know.html
(9) Singapore Insurance Summary (3 Blogs)
http://jkfund.blogspot.sg/2015/06/summary-investment-linked-plan.html
http://jkfund.blogspot.sg/2012/10/classical-example-of-life-insurance.html
(10) Whole Life Insurance
http://jkfund.blogspot.sg/2015/06/whole-life-insurance.html
(11) Endowment Plan Insurance
http://jkfund.blogspot.sg/2015/06/endowment-plan.html
(12) Investment Linked Plan Insurance (2 Blogs)
http://jkfund.blogspot.sg/2015/06/my-investment-linked-plan-ilp-journey.html
http://jkfund.blogspot.sg/2012/03/lets-talk-about-investment-linked.html
(13) H&S (Hospitalization & Surgical) Insurance
http://jkfund.blogspot.sg/2015/03/h-hospitalization-surgical-insurance.html
(14) Travel Insurance
http://jkfund.blogspot.sg/2016/07/travel-insurance-tokio-marine-tm-xplora.html
(15) HDB Rental &
4-room HDB Rental (Toh Guan @ Jurong East): Year 2022 update
https://jkfund.blogspot.com/2017/11/hdb-rental-toh-guan-jurong-east.html
http://jkfund.blogspot.sg/2011/10/how-much-interest-you-pay-to-your.html
(16) Singaporean Benefits (3 Blogs)
http://jkfund.blogspot.sg/2014/07/singapoerean-benefits-private.html
http://jkfund.blogspot.sg/2012/10/singaporean-benefits.html
(17) Singapore Credit Cards (2 Blogs)
http://jkfund.blogspot.sg/2014/08/i-love-using-credit-cards.html
http://jkfund.blogspot.sg/2012/05/who-say-credit-card-is-not-good.html
(18) Singtel TV Plan
http://jkfund.blogspot.sg/2014/09/why-i-love-singtel-my-mio-tv-is.html
(19)
http://jkfund.blogspot.sg/2015/12/good-used-car-honda-civic-brand-new-car.html
(20)
http://jkfund.blogspot.sg/2015/03/exclusively-for-sia-krisflyer-member.html
(21) Singapore Stocks (2 Blogs)
http://jkfund.blogspot.sg/2015/03/stock-watch-list-cheat-sheet.html
http://jkfund.blogspot.sg/2012/10/buy-religare-health-trust.html
(22) Singapore Real Estate Guru Notes
http://jkfund.blogspot.sg/2014/11/my-notes-and-views-after-watching.html
(23) Waterfront @ Faber (Clementi, Singapore) (2 blogs)
https://jkfund.blogspot.com/2017/09/renovation-cost-waterfront-faber.html
http://jkfund.blogspot.sg/2014/05/waterfront-faber.html
(23)
http://jkfund.blogspot.sg/2016/02/year-2016-tuition-fees-at-local.html
(24) Amanah Saham Wawasan 2020 (Malaysia)
http://jkfund.blogspot.sg/2014/10/exclusively-for-malaysian-amanah-saham.html
(24) Citrine Residences & Sunway Iskandar Malaysia (2 blogs)
https://jkfund.blogspot.com/2018/06/citrine-residences-2-bedrooms-rental.html
http://jkfund.blogspot.sg/2014/10/why-i-bought-first-residential-project.html
(25) Nusaheights Service Apartment, Iskandar Malaysia
http://jkfund.blogspot.sg/2016/08/nusa-heights-service-apartment-my-first.html
(26)
http://jkfund.blogspot.sg/2014/10/cimb-homeflexi-malaysia-housing-loan.html
(27) Horizon Hills, Iskandar Malaysia (2 Blogs)
http://jkfund.blogspot.sg/2015/11/horizon-hills-reap-low-sell-high.html
http://jkfund.blogspot.sg/2012/05/why-i-give-horizon-hill-miss.html
(28) Pay Yourself First
http://jkfund.blogspot.sg/2016/09/pay-yourself-first.html
(29) My Exit Strategy On Singapore Real Estates: 99 Years Leasehold & 99 Years Lease
http://jkfund.blogspot.sg/2016/10/my-strategy-to-exit-on-singapore-real.html
(30) Engineering Change Order (ECO)
http://jkfund.blogspot.sg/2016/11/engineering-change-order.html
(31) True Living Cost In
http://jkfund.blogspot.sg/2016/11/true-living-cost-in-singapore.html
(32) New Chapter Of Life: My Work Life
http://jkfund.blogspot.com/2016/12/new-chapter-of-life-my-work-life.html
(33) My Little Career Stories
http://jkfund.blogspot.com/2016/12/my-little-career-stories.html
(34) I Was Retrenched
http://jkfund.blogspot.com/2016/12/i-was-retrenched.html
Tuesday, May 31, 2022
One year rental increased by 53.5% & rental yield now 11.12%
Malaysia borders opened on April 1st, 2022 and I became the victim as a landlord as I lose out my Malaysian tenants. They decided to end the 2 years tenancy earlier and forfeited all the security deposits and yet they have to reimburse the agent fees that I have paid ( big sum all together). They want to reallocate back to Johor and do daily commute to work in Singapore.
JK Holdings: 4-room HDB Rental (Toh Guan @ Jurong East): Year 2022 update (jkfund.blogspot.com)

Monday, April 25, 2022
CPF projection (end December 2022)
As of April 24, 2022, we have S$840,761.37 in our CPF account.
On track to reach 1M44 as a couple. :)
We had used S$255,647.91 from CPF OA account on housing loan.
We chalked up accrued interest of S$61,085.45.
In other words, we can do Voluntary Housing Refund (VHR) up to S$316,733.36 as of April 22, 2022 as the additional accrued interest will be added each month.
That says, our CPF Regrossed Balances currently: S$1,096,409.28.
1.096M42.
Tuesday, February 22, 2022
Singapore MOE School Fees (Primary 1 to 3) S$78 per year
I just made a count on MOE School fees for Primary 1 to 3.
Total School fees (EDUSAVE + Cash portion): S$716.30, whereby S$234 paid in CASH (32.7%) , S$482.30 paid by EDUSAVE account.
Your child will receive receive S$1,470 FREE (throughout 3 years) from the government in his/her EDUSAVE account.
The miscellaneous fee of S$6.50 monthly has to be paid by CASH.
Hence, S$6.50 x 12 months x 3 years = S$234 ( paid in CASH only)
I would say the S$78 annual school fees in Singapore is extremely affordable and yet you still have a good balance in EDUSAVE account that attract 2.5% interest.
Friday, February 18, 2022
4-room HDB Rental (Toh Guan @ Jurong East): Year 2022 update
- 4-room flat, 90 sqm (968 sqft) purchased in June, 2009 for S$355,000 (S$367 PSF).
- Renovation started on Dec 11, 2009 until January 24, 2010.
- Private bank housing loan was fully paid/redeemed on August 1st, 2014.
- Self-stayed for 7 years & 10 months until October 13, 2017.
- The HDB unit was rented out since November 5, 2017 until today.