Asked by SL
Hello,
I currently own a condo unit, and all loans have been cleared. I'm exploring the option to buy a second condo unit.
* What are the rules & regulations that I need to be aware of?
* Am I eligible for a 20% downpayment in this case? Or do I still need to pay 40%?
* If I were to use my CPF to finance part of the downpayment, is there any restriction?
* Besides downpayment, stamp duty & legal fee, what are costs (in cash) should I be aware of?
thank you
I currently own a condo unit, and all loans have been cleared. I'm exploring the option to buy a second condo unit.
* What are the rules & regulations that I need to be aware of?
* Am I eligible for a 20% downpayment in this case? Or do I still need to pay 40%?
* If I were to use my CPF to finance part of the downpayment, is there any restriction?
* Besides downpayment, stamp duty & legal fee, what are costs (in cash) should I be aware of?
thank you
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