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Hi,

1) The HDB only assesses your eligibility according to the eligibility schemes listed. This has nothing to do with your available funds.
2) Once you successfully register your intent to buy, it implied you are eligible to make a purchase of an HDB flat.
3) I hope there is someone who helps to time your selling and purchase properly. Because your timing is very tight between funds return and pay for the new purchase.
4) Since you are taking a loan from the bank, it means that you are engaging a private lawyer to do your legal conveyance.
5) You have to ensure your current CPF funds are sufficient for the buyer stamp duty otherwise you have to prepare to pay in cash. Because you have to pay the buyer stamp duty within 14 days once the HDB approves your resale application.
6) You will only need to pay your down payment roughly 3 weeks before the completion. If you have difficulty with this down payment, you have to highlight to your lawyer to make necessary arrangements so that your return funds can be in on time for this payment.
7) Any late return funds will affect the completion date to be delayed or even rejected by the HDB. You might land yourself with a lawsuit if this is not properly handled.

Hope the above answer your main concerns, but if there are more query, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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Hi,

For selling and then purchasing, it is very crucial that you plan the Timeline properly, so that your sale proceeds can come in time for your next purchase.

Without a full knowledge on your Sale timeline, I'm unable to assist you further. It is advisable for you to engage an agent to assist you in your Timeline Planning.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More