Asked by Anonymous
Hi if i purchase a resale flat can i still buy private property?
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2 Answers
Hi, I assume that you are a local. And yes, after 5 years upon purchasing a resale HDB, you are allowed to purchase private. Regards Aaron 97308455
aaronchong2774@yahoo.com.sg
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NENG EILEENRepliedCan i still keep my flat?
If you are a SC, yes, you can still keep the flat. However, do note that you are subjected to ABSD 7% and 50% loan to value on your 2nd property if you have outstanding loan on your existing HDB. Do feel free to contact me if you have any further queries. Rgds Philip Chong, Associate Team Director, Singapore Accredited Mortgage Planner, PropNex Realty Pte Ltd. Hp: 81613790
Email: propnex@me.com
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