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Afternoon Jesco,

First of all, how do you manage to apply for BTO without forming a family nucleus? I am pretty puzzled about that.

By putting this aside, under current regulation: HDB property owners must fulfill the applicable minimum occupation period before they can purchase a private property.

So if you must fulfill the required 5 years MOP for new HDB flats before you can purchase a condo.

As for bank loan, be it an individual or couple pondering about purchasing a condo, as long as they have outstanding housing loan, they are not able to loan up to 80% from banks, max will be up to 60%.

Warmest Regards,
YT TAN
District Manager
R043025D
(M): 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W1): www.yttan.com
(W2): yttan.stproperty.com.sg/ Read More

Afternoon Jesco,

I agree with YT, it's unlikely for single to apply for BTO, at least for now. And being applicant of BTO unit, you are not eligible to purchase private property till you have fulfilled your MOP. If you were to purchase the private property, you might be requested to forfeit your BTO unit.

What your partner can do is to sell off the HDB and purchase the condo under his own name. In this manner, he can get 80% loan.

FYI
Mike Lim
 96929209 
CEA Reg No: R026708F
Email add: m52i@yahoo.com
ERA Read More