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Hi Jon,

Under current regulations, I am afraid that the 60% loan to value is unavoidable, perhaps, you can look at selling and buying at the same time and using the Option To Purchase exercised by the buyer for your HDB, approach the bank to see if they are able to grant you a bridging loan to help you with the 40% you are required to fork out using CPF and cash.

If you require further assistance, feel free to contact me as I have several good buys in condo on hand.

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

Evening Jon,

As your current unit is still under housing loan, bank can only grant you a maximum of 60% loan. Alternatively, you can choose to market your unit while hunting for a unit at the same time. When you get a buyer for your unit, the OTP for your sales will allow you to optain 80% from bank, for the purchase of your private property.
There is always some way out, once proper planning comes into play.

Do feel free to contact me for further assistance.

Regards
Mike Lim
 96929209 
ERA Read More

A good agent will present to you the past transaction, sales trend, prices in surrounding blocks..developments..

www.catherinepang.com Read More

Hi,

Regard to your question. Why not you just drop me an email at ot1984pierre@gmail.com or Contact me @ +65 8 2 7 9 8 3 2 7

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Shalom

Bless n Warm Regards

Koh Z H
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