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Hi. My husband is a first timer and I'm a second timer. Can we purchase a resale hdb flat without touching my 50% proceeds from the sale of my previous house? Will both our CPF be wiped out to purchase a flat? And if both our CPFs and possible grants are enough to purchase a flat, do I still need to use 50% of my sales proceed? Thank you
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1 Answer

Robbie Chen Chee Howe
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Hi Mdm,

Yes, it is definitely possible. 50% cash proceeds is only if you opt to take a second HDB loan. Since you mentioned that both your CPF and grants are enough to cover the purchase, you need not take any loan, hence, there is no need for you to use any of your Cash proceeds.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans.

Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305 . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More
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