Asked by xiaobin gao
Dear Guru, I am going to sell my existing 3-room HDB flat which I bought from HDB directly and living for 5 years. I will have $85k CPF and $190K cash. The income of my wife and me is $7000/mth. I would like to buy a 4-room HDB flat at CCK for investment and condo for living. My questions are
1. Which one I should buy first, HDB or condo?
2.If buy HDB first, we need at least $112k CPF in our CPF acc then the rest can be used to buy condo, am i right?
3. Can i apply loan from HDB for 4-romm flat if I use cash to buy it?
4. Which price level i can afford for condo?
Thanks for your time and best regards
Melvin
1. Which one I should buy first, HDB or condo?
2.If buy HDB first, we need at least $112k CPF in our CPF acc then the rest can be used to buy condo, am i right?
3. Can i apply loan from HDB for 4-romm flat if I use cash to buy it?
4. Which price level i can afford for condo?
Thanks for your time and best regards
Melvin
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