Asked by Anna
I have HDB flat and still under bank loan, can i buy condo as second property
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2 Answers
Hi Anna
Have you fulfilled the minimum occupation period for your HDB flat?
In the event that you have done so, you may purchase a condo as second property. Do keep in mind that you can only loan up to a maximum of 60% for your second property with the new MAS rulings.
Cheers!
Andrew Ho
C:ERA Realty Pte Ltd
M:90038316
E:ho.andrew@me.com
R:R047219D Read More
Have you fulfilled the minimum occupation period for your HDB flat?
In the event that you have done so, you may purchase a condo as second property. Do keep in mind that you can only loan up to a maximum of 60% for your second property with the new MAS rulings.
Cheers!
Andrew Ho
C:ERA Realty Pte Ltd
M:90038316
E:ho.andrew@me.com
R:R047219D Read More
Evening Anna,
As long as you have fulfilled your applicable minimum occupation for your flat, you are well eligible to purchase a condo.
Up to 60% bank loan can be obtained but if loan tenure exceeds the retirement age of 65 years old, it could decrease to 40%.
Hope it helps!
Warmest Regards,
YT TAN
District Manager
R043025D
(M): 9111 5171
(E): yt.lovelyhomes@gmail.com
(W1): www.yttan.com
(W2): yttan.stproperty.com.sg/
ECG Property Pte Ltd Read More
As long as you have fulfilled your applicable minimum occupation for your flat, you are well eligible to purchase a condo.
Up to 60% bank loan can be obtained but if loan tenure exceeds the retirement age of 65 years old, it could decrease to 40%.
Hope it helps!
Warmest Regards,
YT TAN
District Manager
R043025D
(M): 9111 5171
(E): yt.lovelyhomes@gmail.com
(W1): www.yttan.com
(W2): yttan.stproperty.com.sg/
ECG Property Pte Ltd Read More