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Dear property gurus,
My 1st house was a 4rm flat which i've bought at Tampines.After 5 years i've decided to sell and bought another 4 rm flat at $375K in Tampines Central.Both using HDB loan.
Can i sell my present house(MOP met) and downgrade to a 3rm flat?
If so, how much levy will be imposed and the profits made after the whole transaction completed?And how much bank loan can we get if our combined CPF contribution is $1200.
Please enlighten me,TIA.
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