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Home Buying

Asked by Ms. new buyer 22 Oct 2014

Hi, for considerations in purchasing resale HDB, any disadvantages or things to take note of when the hdb is > 30yrs old? appreciate your expert advice.

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3 Answers

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Aaron Chong · Answer 1 · 2014-10-23T10:21:32+08:00

Aaron Chong

Replied 23 Oct 2014

Hi, if you purchase a resale hdb unit with a remaining lease of 60 years old or lesser, you will not be able to fully utilise your CPF. Pls feel free to let me know if you need any assistance.

Regards
Aaron
97308455
aaronchong2774@yahoo.com,sg Read More

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Mike Lim · Answer 2 · 2014-10-23T11:58:59+08:00

Mike Lim

Replied 23 Oct 2014

Afternoon,

For units that have lease of lease than 60 years, you will need to understand that buyer may not be able to utilize their CPF OA in full. This would then mean that buyer will need to prepare more cash.

Do feel free to contact me if you require further assistance.

Regards
Mike Lim
96929209
m52i@yahoo.com
ERA Read More

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CK Ang · Answer 3 · 2014-10-24T08:09:24+08:00

CK Ang

Replied 24 Oct 2014

Hi, generally
Disadvantage
- not brand new
- may need major renovation as current condition may be bad, or the last renovation do suit you
- more expensive than BTO
...etc

advantages
- able to choose the location you like
- can see the physical unit
- can feel the home
...etc

Do may like to know the cost involved and the breakdown. Please drop me an email for me to share.

I can be reachable at my mobile or email.

CK Ang
9046 3808
res.ckang@gmail.com Read More

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