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Hi, my husband & i own a HDB flat for 3 years (still serving loan) without any government subsidies. Questions are:

1) Can we purchase a EC without having to sell our existing HDB flat?

2) if yes, how many percent of loan can we get?

Thank you.
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1 Answer

Hi Sarah,

If you purchase an new EC, you are required to sell off your existing HDB flat within 6 months upon TOP.
If you purchase a resale EC, you are able to keep your exisiting HDB flat.

With existing mortgage loan, your bank loan for next purchase will be max 60%.

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Cheers,
William Koh
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