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I am staying at 5rm HDB unit and thinking to upgrade to EC. I still have outstanding loan to HDB, however I am able to pay off the loan using my CPF money now. But if I use the money, I will not have enough money for my down payment of the new unit. Moreover, if I don't pay off the loan, I can only get 60% of the loan from bank. Any solution please? Thank you.
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2 Answers

William Koh
Replied
Hi Upgrader,

Are you planning to upgrade to a new EC?
For new EC, the local banks are having schemes which can help you on this (with terms & conditions).

Feel free to contact me for coffee, and we can discuss it further.

Cheers,
William Koh
 9027 1972 
willkck@gmail.com
www.GuruSg.com
www.sgRippleBay,com
www.sgBartleyResidences.com
www.sgSkyHabitat.com
www.myBedokResidences.com
www.ArcAtTampinesEC.com
williamkoh.st701property.com
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Mike Lim
Replied
Afternoon,

Are you upgrading or getting second property?
Looking at new or resale EC?

Since you are aware of you current financial status, buying second property might be tough for now.
We can however sit down and work out on the possibilities and alternative routes, if any, which will be more suitable for you.

Regards
Mike Lim
 96929209 
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