Is the music for the asset enhancement policy coming to a stop?
Investing in Housing and Development Board (HDB) flats was once touted as an excellent way to build a retirement fund. But with the declining returns on HDB flats, one might say that putting money into the Central Provident Fund (CPF) may be more lucrative than relying on the appreciation of HDB flats. This is especially so since the older the flat gets, the lower its value.
