Asked by Anonymous
I bought my 3-room(Improved) flat 5+ years ago for 300k and now the price depreciated to around 250k or maybe even lower. We actually wish to sell this house and move to somewher better, probably still 3-room or upgrade to 4-room, but better environment and TOP recently. But the issue is that the sale proceed (80-90k) is negative as our cpf+accrued interest is about 150k, is it still possible to sell this house and buy another hdb flat? Any kind response is greatly appreciated.
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