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HDB InfoWEB: What To Note : Financing your flat
www.hdb.gov.sg/fi10/fi10321p.nsf/w/HLHDBWhat?... - Cached
20 Sep 2010 – Flat buyers can keep the greater of $25000 or half of the cash proceeds (including the cash deposit received), HDB will take into account ... Read More

Afternoon Martin,

As per your enquiry, you are 48 years old and you intend to sell your 4 room flat. After the sales, you will receive the cash profit, after deducting the CPF used + Accrued Interest, Outstanding Loan, upgrading levy, if any.
Only upon purchase of another unit, using HDB loan, will you be required to fork out 50% of your cash profit, and HDB will then loan you the balance.

Do feel free to contact me for further discussion.

Regards
Mike Lim
 96929209 
ERA Read More

Hi Martin,

When you purchase another unit using HDB loan,
- 50% of the cash proceeds require to top up your next hdb loan.

or

- if your cash proceed is less than $50K, you can keep up to $25K and the rest would be used to finance the next hdb loan.

Hope this helps.

Cheers,

Ken Tan
Huttons Asia Ltd

MORE enquiries?

Check me out at my website ==> www.96461490.com
give me a call at 96461490 
or drop me an email: ken_tankw@yahoo.com.sg Read More

Dear Martin,

Most importantly is what is the price / profit that you wish to achieve and where will be your next stay.

Please kindly drop an email to me on your price expectations & requirements and we can discuss further.

I hope to hear from you soon

Thanks.
Choo Jia Ming
B. Hons (EEE)
Savills Sales Director
HP: 9476 2732 
Email: jiaming.choo10@gmail.com
Salesperson registration. no: R026370F Read More