AskGuru Q&A Community

Hi Alan,

congrats on your decision to upgrade to an EC.

Replies to your queries below:

Qn1: My current flat still has existing hdb loan; So i assume that i would have to sell first before I look for the EC.

Ans1: No, if you have sufficient cash + cpf for the initial 20% downpayment for the new EC, you would not need to sell your present HDB before purchasing the new EC.

In fact, you can continue to reside in your current HDB flat till TOP of the new EC whereby you will have a 6mths window to sell.

Qn2: Is there anymore unsold new projects which top is in year 2013?

Ans2: Not at the moment

Qn3: Or is there any other good alternatives as I am looking to upgrade?

Ans3: Depending on present financial status as per qn1, you may consider the following ECs in your preferred area:

A) Heron Bay @ Hougang
B) Waterbay @ Punggol
C) Upcoming New Punggol EC beside Flo Residence

Discuss your EC purchase with the people who know ECs best, contact us for a no-obligation project presentation, financial guide and unit selection.

Thank you and have a pleasant day ahead

Andrew Ngauw
 8188 8887 
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