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Hi,

The moment you book an EC unit, your 20% downpayment and stamp duties has to be provided within 8 weeks.
ie
5% cash 44K
15% cpf 132K
approx 3% stamp duties 26.4K

So if you are comfortable with selling your HDB first, book the EC unit, then renting an interim housing for 1-2 years until the EC is constructed, then what you have mentioned can be done. Thanks and please let me know if I can assist with your housing requirements.

Warm regards,
Ivan ERA
 97432395 
ivanng10@gmail.com
www.ivanng10.com Read More

Good afternoon Mr Dragon Fly,

you must have the 5% booking fee in cash ready when you intend to book an unit and the rest (15% CPF downpayment, 3% buyer's stamp duty) within 8 to 9 weeks.

If you don't have sufficient funds ready for booking yet, I will advise you to sell first before commiting into EC purchase. But by doing so, you need to find a temporary accommodation during the EC construction period.

Probably you can share more on your situation so I will be in a better position to advise you.

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
District Director
ECG Property Pte Ltd
(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W): www.yttan.com Read More