6 Answers

Hi Raymond,

For new EC purchase from developer, you have to dispose your HDB. Hence if you intend to keep both hdb and condo, you have to be SC, met MOP of 5 years and can only consider private condo.

May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
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Hi Raymond,

As EC are subsidized property from the government, you will not be able to hold on to your HDB after purchasing an EC.

Congrats on paying up your HDB, for investment, you may want to look into the condo market instead. However, do note that an Additional Buyer Stamp Duty of 7% of the purchase price.

I have assisted many of my clients to own a 2nd property. Please feel free to contact me so that I can assist you with your financial planning and guide you through the process!

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
(W) www.nick-tan.com

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Evening Takeshi-san,

If you are looking at keeping the HDB unit and getting your second property, you need to be SC and have fulfilled the MOP requirement. With these, you will be eligible to purchase resale EC as your second property in holding. ABSD of 7% will be payable and you can obtain max of 80% loan.

Do feel free to contact me should you require additional assistance.

Regards,
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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Mani Subramanian Veeramani
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https://www.linkedin.com/in/AskRealtorMani
Questions? 8300 4411  Help@AskRealtor.sg
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Hi Raymond,
If you like to keep the hdb, you may consider resale EC (min 5 year old). Alternatively you may consider private condo. Fyi, 7% ABSD will be payable for 2nd property. Please drop me an email for me to share more details.

To assist and advise you more in details, kindly drop me an email for me to share.

I am contactable at my mobile or email.

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