Good evening buyer,
sure of course you are eligible to purchase a resale EC. It's like purchasing another private property.
By the way, do take note of these coiling measures.
1) you will be subject to 7% additional buyer's stamp duty as Singaporean because this is your second property.
2) if you have any outstanding mortgage, you can only obtain up to max 50% bank loan.
3) If you have utilised CPF OA funds in the existing property, you have to set aside half of minimum sum of $80.5k in CPF OA + SA before you can use the excess CPF OA funds for this purchase.
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Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Senior Associate Marketing Director
R043025D
Propnex Realty Pte Ltd
Estate Agent no. L3008022J
Blk 480 Lorong 6 Toa Payoh, #10-01/11-01 HDB Hub East Wing, Singapore 310480
(M):
+65 9111 5171
(E): yt.tan91115171@gmail.com
(W):www.yttan.com
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