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Hi gurus, we are second timers ex-dbss looking to get resale for second home. Budget $550k. Our combined cpf 360k, HLE approved amount is 267k. We are appealing to pay cash proceeds in instalments. Half proceeds from previous sale was 53k. We only have 8k. Could u advise us on any other additional cash payments (or cannot use cpf) other than option fee we may have to pay for resale? Thanks!
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Hi,

Other than option fee, cash payments include COV (if any), hdb admin fees and agent commission. If you are taking hdb loan again, half of the sale cash proceeds need to be set aside for the next purchase.

May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

Email: Ivanng10@gmail.com
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