AskGuru Q&A Community

Morning Ms. Tan,

Since you would have fulfilled the MOP, you are eligible to purchase your second property and still keep the HDB unit.
Depending on your income and credit status, it would be good to find out from banker/s on how much loan is available to you. Along with the amount of CPF that you have in hand, we can then work out your budget. I would assume that you bought the unit under single scheme, hence you are SC, thus not eligible for the additional buyer stamp duty.

Do feel free to contact me if you require further assistance.

Regards
Mike Lim
 96929209 
ERA Read More

Ms Tan,

Perhaps you may wish to contact a professional banker to determine what your financial options are for your plans?

Technically speaking, you have no problems in retaining your HDB while you purhcase a private property.

Speaking to a professional banker will allow you to better understand what the financial commitments are and your probable target property type.

Need any recommendations of bankers?

Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565 
Email: lim.geryl@yahoo.com.sg Read More