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Adam Park Condominium HDB Questions

Asked by Poor Man 2 Jul 2013

I am currently planning to buy a 4-room HDB in Toa Payoh Central under the Single-Scheme. Please advise whether it is possible and what is the COV in that area?

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Mike Lim · Answer 1 · 2013-07-03T10:19:45+08:00

Mike Lim

Replied 3 Jul 2013

Morning,

To purchase resale HDB under single scheme, you must be SC aged 35 and above. If you are taking HDB loan, your income must not exceed $5k. However, to purchase a unit within TPY central with valuation of around $630k and COV asking of $100k, it might be taxing on your finance. Why not looking into 4'I' unit along Lor 8 or TPY North? This units might be more within your budget.

Regards
Mike Lim
96929209
m52i@yahoo.com
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Poor Man

Replied 3 Jul 2013

Thanks

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