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Dear Lee,

1) Yes, You will have to sell away your HDB units within 6 months taking possession of your EC

2) You can use the CPF either for your monthly instalment or a lump sum payment for the loan.

Thanks.
Choo Jia Ming
B. Hons (EEE)
Savills Sales Director
HP: 9476 2732 
Email: jiaming.choo10@gmail.com
Salesperson registration. no: R026370F Read More

Hi Lee,

1) Yes, you are require to sell off your HDB flat within 6 months upon TOP of the new EC.

2) As you had fully paid for you current HDB and without any existing mortgage loan, you are eligible for max 80% bank loan for your EC, but still subjected depending on your age.

3) After you had sold your HDB flat, those amount that you had contributed for your this flat, will be placed back to your CPF account. And it can be use for the monthly payment.

The upcoming new EC will be The Rainforest @ CCK which will be launching soon on 1st week of Jan 2012.

Please feel free to contact me for the detais of this project.
I'm from the developer sales team of The Rainforest.

Cheers,
William Koh
 9027 1972 
willkck@gmail.com
www.GuruSg.com
williamkoh.st701property.com
www.myBishanCentralCondo.com
www.myBedokResidences.com
www.ArcAtTampinesEC.com
ERA Read More