1 Answer

Evening Jenny,

For purchase of resale HDB unit, using bank loan, there is no income ceiling to work on. But if you are looking at BTO unit, the income ceiling is $10k.

If you are looking at upgrading to condo, after sales of your HDB unit, it will be considered as your first purchase. You can get max of 80% loan. No ABSD is required.

Do feel free to contact me for further discussion.

Mike Lim
ERA Read More