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I bought a HDB in 2007 and we are still paying for it by installment. If I would like to get another private property without selling the HDB as my parents are staying in it, how much mortage can i get from the bank?
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1 Answer

Ivan Ng
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Hi,

As this will be your 2nd loan, the max bank loan will be 50% of purchase price. There are also ABSD payable and CPF restrictions on the usage for 2nd property. Perhaps there may be a workaround, may I have more details so as to make better recommendations? Thanks and hope to discuss further.

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