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HDB Questions

Asked by mix 31 Dec 2011

I intend to sell away my condo, do I need to wait for 30 months then can buy a HDB/EC, I mean resale? Someone advise me please.

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Mike Lim · Answer 1 · 2011-12-31T15:00:27+08:00

Mike Lim

Replied 31 Dec 2011

Afternoon,

For the purchase of resale HDB unit or EC, using Bank Loan, you do not need to wait for 30 months before you are eligible. You can either do it concurrently or one after the other, depending on your financial status.

Do feel free to contact me for further discussion.

Regards
Mike Lim
96929209
ERA Read More

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Geryl Lim · Answer 2 · 2011-12-31T19:35:23+08:00

Geryl Lim

Replied 31 Dec 2011

Hi mix,

As mentioned by Mike, you are eligible to purchase a resale HDB/EC after selling away your existing condo should you be taking up a bank loan.

Concurrently, you may also consider to make your purchase first before selling. In this scenario, you'll need to sell within 6 months from taking possession of your HDB.

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

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