Asked by Ryan Lio
Hi, any help is appreciated.
Scenario:
Bought a 5rm resale HDB under joint single with my grandmother. CPF Grant NOT taken.
Sold the 5rm HDB.
Bought a 3rm resale HDB with newly wedded spouse with bank loan. Cpf Grant NOT taken.
Sold 3 HDB 3rm.
Question: Now Intent to purchase a new BTO flat 4rm with spouse. Am i eligible to take up HDB loan along with CPF Grant? Heard some where that HDB Loan is not applicable for downgrade. In my case, is it a downgrade (5rm -> 3rm -> 4rm) or an upgrade (3rm -> 4rm)
Scenario:
Bought a 5rm resale HDB under joint single with my grandmother. CPF Grant NOT taken.
Sold the 5rm HDB.
Bought a 3rm resale HDB with newly wedded spouse with bank loan. Cpf Grant NOT taken.
Sold 3 HDB 3rm.
Question: Now Intent to purchase a new BTO flat 4rm with spouse. Am i eligible to take up HDB loan along with CPF Grant? Heard some where that HDB Loan is not applicable for downgrade. In my case, is it a downgrade (5rm -> 3rm -> 4rm) or an upgrade (3rm -> 4rm)
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