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Hi, the answer is Yes. I believe that when you did an AIP with a banker, he or she would assume that this is going to be your 1st purchase.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Hi,

Yes legally speaking you have disposed your current property, hence your bank loan application will be recognized as 1st property purchase, thus max 80%.

Thanks and may I know which project are you considering and your requirements? Thanks and hope to value-add further.

Warm regards
Ivan ERA
 97432395 
Ivanng10@gmail.com
Website: http://www.ivanng10.com/#!reviews/c11r1
(Client's Testimonials) Read More

Dear Sir/Mdm,

Yes, it will be considered as a first property loan but do remind your banker doing the AIP that the option for your current house has been exercised.

Do contact me for an non-obligatory discussion with regards to your next housing option. I will be glad to provide you with some market outlook and information.

Nick Tan +65 9644 4854 
nicktan@propertyavenue.com.sg
B.Eng(Chemical)(Hons)(NUS)
Property Avenue Pte Ltd
Follow us on FB to receive 24/7 market information & update! ==> https://www.facebook.com/propertyavenuesg Read More

Evening,

Once your current property have being exercised by your prospective buyer, banker will deem that your next purchase will be your first property in holding. Therefore, you will be eligible for 80% loan.

FYI
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More

Good evening owner,

Yes you will be able to obtain 80% bank loan (still subject to TDSR) if someone has exercised option to purchase your current property.

Hope my explanation helps!

Btw how can I assist further with your property needs?

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Vice President (Agency)
R043025D
Property Avenue Pte Ltd
Estate Agent no. L3010650D
Blk 420 North Bridge Road #03-30 North Bridge Centre S188727

(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W):www.yttan.com
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