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Hi there, Once a HDB unit has hit 40 years and beyond, there are implication on the CPF and the amt of loan you can take up for the HDB. this will also have a far reaching effect on your mortgage servicing in the future and the resale price should you decide to sell off the HDB. with regards to HDB vs bank loan. This will depend on your plans for this HDB. either you are looking to stay in this unit for at least 10 years and beyond or you are looking at a shorter timeline. Please drop me a call or e mail for a more detailed discussion before you start your search .Cheers
Rix Jim
 9687 1379 
rix.jim@hotmail.com
Propnex Read More

Hi,

If you purchase HDB with 60 years balance lease, it may have limited resale value as the CPF and loan for the unit's next buyer would be more restricted. If you are purchasing for long-term stay, it shouldn't be an issue as I guess other priorities like being near your family are more important for you.

For the comparison of loans, I wil be glad to illustrate further over email/phone. Thanks and hope to discuss further.

Warm regards
Ivan ERA
 97432395 
Ivanng10@gmail.com
Website: http://www.ivanng10.com/#!reviews/c11r1
(Client's Testimonials) Read More

Good morning buyer,

great hearing from you!

Do take note that you will have restrictions financing this unit with CPF OA funds. Do click the link taken from HDB website and look under "CPF money".

http://www.hdb.gov.sg/fi10/fi10321p.nsf/w/BuyingNewFlatPlanningYourFinances?OpenDocument

As HDB are all meant for own stay and thus if you are bothered by the property age. You might want to consider getting a younger property. Unless you don't mind waiting for it to get enbloc.

Feel free to contact me if you need any assistance or advice in your property purchase.

Hope to hear from you soon!

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Vice President (Agency)
R043025D
Property Avenue Pte Ltd
Estate Agent no. L3010650D
Blk 420 North Bridge Road #03-30 North Bridge Centre S188727

(M): +65 9111 5171 
(E): yt.tan@propertyavenue.com.sg
(W): www.yttan.com
(W): www.propertyavenue.com.sg Read More