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Can i sell my current 4 room hdb flat and stay with my mum for 6 months before buying a 2 room hdb flat ? Will HDB lock up 50% of my cash proceeds till I have found my 2 room hdb resale flat ?
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5 Answers

Angela Chua 蔡斯淇
Hi Ms Liew,

Yes you may sell your current flat and stay with your mum.

You need to put aside 50% of your cash proceeds if you are taking a second HDB loan. Else, you may consider taking a bank loan.

Feel free to contact me if you have further queries.

Thank you.

Angela Chua
Propnex Realty Pte Ltd
H/P: 9323 3330  Read More
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YT Tan (陈永达)
Good morning Potter,

If you are using HDB loan, you will have to set aside 50% of your sales proceeds to finance your next purchase.

If you don't want to do so, probably you should opt for a bank loan for your purchase.

Hope my explanation helps!

If you need any assistance or advice for your property needs, feel free to contact me.

Cheers!

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Vice President (Agency)
R043025D
Property Avenue Pte Ltd
Estate Agent no. L3010650D
Blk 420 North Bridge Road #03-30 North Bridge Centre S188727

(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W): www.yttan.com
(W): www.propertyavenue.com.sg Read More
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Morning Ms. Potter,

As long as you have fulfilled the MOP for the current unit, you are eligible to sell your unit in the open market. For your upcoming purchase, if you are using Your second HDB loan, you will be required to set aside 50% of the cash proceed from your current unit.

Do contact me further if you require more details or assistance.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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Hi,

Yes you will be required to set aside 50% of your sales proceeds if you are taking hdb loan for your next purchase. If you do not want such a scenario, you should opt for a bank loan.

Thanks and may I assist with your housing plans further?

Warm regards
Ivan ERA
 97432395 
Ivanng10@gmail.com
Www.ivanng10.com Read More
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Hi Ms Liew,
To assist and advise you accurately, please drop me an email for me to share more details.

I can be contactable at my mobile or email.

CK Ang
 9046 3808 
res.ckang@gmail.com Read More
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