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I'm Malaysian and recently approved for Singapore Citizenship so I plan to buy a resale HDB in Woodlands area.
But my question is, do I have to full settle my existing housing loan in Malaysia? Can I continue to pay the housing loan?
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2 Answers

Robbie Chen Chee Howe
Hi,

In case you're unaware, if you were to purchase a HDB resale flat, you will be required to dispose off all interest in overseas residential properties within 6 months of the HDB purchase.

Should you need any 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
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Hi Carebear,

1) You can only sign on a OTP after you collect your temporary ID & passport.
2) You have to do a sum on your budget before you can starts your home search journey. It is best you could appoint a profession to assist.
3) There is a clause under HDB rules and regulations that anyone who buy a HDB flat (be it new or resale) are not to own any property local and overseas.
4) You may appeal to continue holding it but based on case-by-case basis.
5) As a Singaporean, you are giving the privilege to take either HDB loan or bank loan to assist in your monthly mortgage.

Hope the above answer to your main concerns, but if there are more queries, 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

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