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Afternoon,

Purchase of HDB unit via bank loan during your completion time frame has a MOP of 1 year. If you are looking to purchase second property, there's no requirement to sell away your existing unit. However, you need to set aside the CPF minimum sum.

If you require the funding from your existing unit to purchase the condo, then the selling time would be dependent on your liquidity. Things like if you are taking a bridging loan or purely using the proceed plus CPF from your existing unit will render different actions required.

Regards
Mike Lim
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