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Hi Siva,

No need to. You can continue to stay in your current HDB. Income ceiling only applies to new purchase direct from HDB.

You might want to consider using your excess money to invest in private condo for rental. Think about it.

Please feel free to drop me an email or call me directly for a non-obligation discussion, if you still have further questions.

Thank you & Best Regards
J.A.Goh
ERA Team Director
HP: 9639 0350 
Email: gohja@singnet.com.sg
CEA Reg No. R025894Z
CEA License No. L3002382K
www.gohjaERA.myweb.sg Read More

Afternoon Sivakumar,

$10k income ceiling is only applicable to buyers who are getting HDB units, resale or BTO, using HDB loan. Since you have already purchased the unit but currently earning more than $10k, you are not required to move due to that fact.

FYI
Mike Lim
 96929209 
CEA Reg No: R026708F
Email add: m52i@yahoo.com
ERA Read More