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Dear confused,

Do not be confused with us around. I am currently assisting a client who is looking to purchase a landed property sell his private condominium and has been assisting my other clients doing so before. He is currently servicing his loan for existing condominium and will need to sell in order to enjoy the 80% LTV. The tricky portion will be the timing of sales and purchase for you to be eligible for 80% LTV.

Technically if you are still servicing a housing loan, your LTV will be capped at 60% but if your unit is in the progress of sale, there is chance that you may be allowed a bridging loan to cover the additional 20% until you have completed the sale.

Call me to find out more and I will assist you to manage the transition.

Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565 
Email: lim.geryl@yahoo.com.sg Read More

Hi Sir,

If you are looking to sell your unit and buy a yet-to-TOP project, there is a few ways that we can go about.

We can explore on the various way to see which method you are most comfortable with and which one would allow you come out the least capital upfront and still purchase your 2nd property.

Feel free to give me a call and we can do a short meet up and see what we can work out.

Thank You

Kelvin NG
Orangeteee Pte Ltd.
 9386-0900  Read More