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Hi there. I currently am looking to sell off my woodlands flat and buy another flat with my new husband... my husband had sold off his EA in Feb last year with the wife taking all of the sales proceeds. In this instance will be be asked to make pay anything by hdb to service the new loan according to the new rule to give half of the cash sales proceeds to service the new loan? We are intending to take the hdb loan in his name only with me listed as the second owner...so will I be asked to give half of my sales proceeds to service the new loan even if the loan is taken by my husband only? Pls help to clarify...so confused...
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2 Answers

Angela Chua 蔡斯琪
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Hi Miss Dayverthi, As long as you are taking 2nd HDB loan to finance your purchase, you will need to set aside 50% of your sales proceeds for your next house. Feel free to contact me if you have further queries. Thank you. Angela Chua Propnex Pte Ltd H/P: 9323 3330  Read More
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Jeffrey Heng
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HI Ms Dayverthi, If you don't mind, maybe we can arrange to meet up with your husband and we can have a non obligatory discussion. As your situation consists of 2 different past cases hence it will be easier to meet up and discuss then to answer the answers here. Please also take a look at my website, www.jeffreyheng.com to read some of the testimonials my clients have left for me. Thanks. Jeffrey Heng ERA. Mobile : 9858 1322  . Read More
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