Asked by Alfie
Hi,
I am considering an upgrade to EC in Pasir Ris (Watercolors) or Tampines (Arc or Trillant) as my 4-room HDB in Punggol is coming to 5 years now.
Questions
1) Am I eligible for the $30k grant if I did not take the subsidy during the first HDB purchase?
2) Should I repay the HDB loan first (o/s-$50k) before taking the new EC loan?
3) If I repay the HDB loan first, then I will have difficulty with the 15% downpayment. Anyway to work around this situation without selling my HDB now?
Thank you for the advice.
I am considering an upgrade to EC in Pasir Ris (Watercolors) or Tampines (Arc or Trillant) as my 4-room HDB in Punggol is coming to 5 years now.
Questions
1) Am I eligible for the $30k grant if I did not take the subsidy during the first HDB purchase?
2) Should I repay the HDB loan first (o/s-$50k) before taking the new EC loan?
3) If I repay the HDB loan first, then I will have difficulty with the 15% downpayment. Anyway to work around this situation without selling my HDB now?
Thank you for the advice.
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