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HI Katheleen,

Option 1, is out of the question, you will have to sell ur private property before u buy ur HDB

Option 2, since u are currently and likely having a mortgage loan, your 2nd mortgage will be likely 60% of the value of the new condo, so that will massively affect your ability to purchase, due to the loan you will be able to get.

Option 3, is a little bit more complicated, you will need to pay for legal fees, stamp fees of the portion you are buying over, get approval from the bank, the bank may charge fees there, but depends on your relationship with your banker.

contact me if you need further details or assistance.

Yian Tay
ERA Realty Network Pte Ltd
Mobile: 82884499 
Email: yiantay.era@gmail.com
CEA Regn - R027190C Read More

Hi Kathleen

Are you looking to sell/buy or rent out your property?

I will be glad to assist
I am well versed in HDB and Private Property transaction and have done many transactions
Appreciate if you can contact me at (65) 9 6 6 0 8 5 0 8 with details of your unit
or click here https://bit.ly/WaSilvia to whatsapp me for no obligation discussion
Thank you.

Warmest regards,

Silvia Yang

Senior Marketing Director
ERA Realty Network Pte Ltd
Mobile: (65) 9 6 6 0 8 5 0 8
Email: Silviayang8@gmail.com Read More