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Home Financing

Asked by Elaine 16 Oct 2012

I have a HDB fully paid. Now rent out for two yrs. We are considering to buy a second property. Down payment is 40% or 20%. A bit lost. Lots of people tell me all different answers.

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William Koh · Answer 1 · 2012-10-17T11:32:37+08:00

William Koh

Replied 17 Oct 2012

Hi Elaine,

You are able o buy a second property as long as you have fulfilled the MOP of your HDB flat.

As for the loan on your next purchase, it got to depend on the loan period that you will be taking.

Feel free to contact me for a non-obligation discussion.

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