Asked by Troubled
Hi,
We own a resale 4A HDB flat in Tampines, just fully paid and met the MOP. We wanted to downgrade to a new 3 room flat under DBSS Central 8. But, we have exceed the income ceiling, is it advisable to lower our income just to buy a new flat? In fact, the whole idea is to cash out from my current flat and resale 3 room is not our ideal option as it may left with 70yrs lease if we wanted a unit in Tampines.
We own a resale 4A HDB flat in Tampines, just fully paid and met the MOP. We wanted to downgrade to a new 3 room flat under DBSS Central 8. But, we have exceed the income ceiling, is it advisable to lower our income just to buy a new flat? In fact, the whole idea is to cash out from my current flat and resale 3 room is not our ideal option as it may left with 70yrs lease if we wanted a unit in Tampines.
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