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Good afternoon, Yes as long as the purchaser/ household consists of 1 Singapore citizen, you guys can hold on to their HDB if they purchase a private property. If you guys still have outstanding loan, you will only be eligible to obtain 50% loan. 50% downpayment will be 25% cash/ 25% CPF or cash if shortfall ($500k). Do take note that you have to keep a minimum sum of $74k in your respective CPF OA + SA account before you can use the excess for purchase of 2nd property. And also, additional buyer's stamp duty will be payable and it will be 10% for your case as one of you is a SPR. (higher of 7% or 10%) I hope my explanation is very useful to your decision making. If you need any assistance or clarifications in your property purchase, feel free to contact me. Cheers! Warmest Regards, YT TAN 陈永达 | ACCA Graduate, RES Senior District Manager R043025D ECG Property Pte Ltd (A Wholly Owned Subsidiary of ECG Group of Companies) Estate Agent no. L3009759F Blk 190 Lorong 6 Toa Payoh #05-508 S (310190) (M): +65 9111 5171  (E): yt.lovelyhomes@gmail.com (W): www.yttan.com (W): yttan.stproperty.com.sg/ (W) www.lovelyhomes.com.sg (W) www.ecgproperty.com Read More

Hi, thanks for the prompt reply. Happened to see your reply cause Propertyguru won't prompt us when there's a reply to our post. Let me share explain further. One household can't own two HDBs so if you intend to purchase another HDB, you have to sell off your current one within 6 months from purchase completion. And yes, if you decide to hold on to your HDB and don't have excess CPF OA funds after setting aside $74k (in OA+SA), you have to use cash for CPF downpayment thus it will be 50% cash downpayment plus estimated 13% stamp duties in cash as well for the condo purchase. Maybe you can share more with me on your current funds in your CPF account and cash on hand so I can further advise you. Cheers! Read More