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Hi,

We would seek advice on the possibility of us owning a 2nd property.

Our condition:
-Husband (SC) and Wife (SPR)
-Owned a 5 Room HDB
-4 Occupants (Husband, Wife, 3 yrs old Son and Husband Mum)
-Fulfilled MOP
-Outstanding HDB loan $ 78,794.18
-Husband CPF $6,873.87 and Wife CPF $16,490.22
-Cash about $250K


Question:
-Any Possibilities that we can keep our HDB and own a 2nd property.

Our main objective is to move to the Private Property and rent out the HDB, therefore min a 2 Bedrooms.

Please advice here or email contact for us to contact you.
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4 Answers

i can share with you a method. but you will still be able to buy a 2bedroom private condo if not 3 bedroom,

if you interested. you can text or call me to know more

wilson leong
 96305577  Read More
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Hi, 7% ABSD will be payable. I can advise you the work around.
With the cash, the other consideration is the TDSR. It depends on the salary and age. I can share with you the estimated details financial work out. Please drop me an email for me to share.

I am reachable at my mobile or email.

CK Ang
 9046 3808 
res.ckang@gmail.com Read More
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Afternoon,

Since you have fulfilled the MOP for the HDB unit, both of you are eligible to purchase your second property. It would be good if the second property is under your spouse name as he is SC. ABSD will be 7% but if purchased under both names, ABSD will be 10%. Do note that you might have cash crunch issue as bank will only approve housing loan of max at 50%.

Do feel free to contact me for further discussion.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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Hi,

Do contact me at 96659926  for a non obligatory disucssion for me to better understand your needs and expectations, should you need assistance in a hassle free search for your ideal property!

Visit my website for my recent awards and testimonials:
www.kumarrai.com

D Kumar
 +65 96659926 
ERA Associate Division Director
www.kumarrai.com
dkumar@era.com.sg Read More
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