Asked by Anonymous
Can I not sell my existing HDB and still buy an EC - La Casa in April 2012?
622 views
1 Answer
Hi,
Buying a new EC is equivalent to buying a new flat. Upon completion of your EC, you will need to sell your HDB within 6 months.
Unless you are buying private condominium, you are then allowed to keep your HDB.
Please also note that should you have an existing loan for your property, your loan amount will not be 80% of the value or purchase price whichever is lower.
Should you need further assistance, feel free to contact me.
Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565
Email: lim.geryl@yahoo.com.sg Read More
Buying a new EC is equivalent to buying a new flat. Upon completion of your EC, you will need to sell your HDB within 6 months.
Unless you are buying private condominium, you are then allowed to keep your HDB.
Please also note that should you have an existing loan for your property, your loan amount will not be 80% of the value or purchase price whichever is lower.
Should you need further assistance, feel free to contact me.
Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565
Email: lim.geryl@yahoo.com.sg Read More