AskGuru Q&A Community

Question

Home Buying

Asked by Steve 26 Mar 2013

i own a HDB flat around 7 years. I am still left with around 18 years more of HDB loan. I'm looking to purchase a new Condo. The thing is i would prefer not to rent a place before moving into the condo. I am also very low on cash. Is it possible to be able to sell off my HDB, using the proceeds from the sales to pay for the condo?

560 views

Upvote Upvoted

1 Answer

Previously Asked Questions

Ander Ang · Answer 1 · 2013-03-26T16:25:02+08:00

Ander Ang

Replied 26 Mar 2013

Hi Steve,

Since you are low on cash, then you need to sell off your HDB first before buying the condo. Timing is crucial in such sell/buy transaction. Bridging loan may be required.

Please call me at 98628691 to discuss. This requires serious discussion!

Thanks.
Ander Ang
DTZ Read More

Upvote Upvoted

AskGuru Q&A Community

1 Answer

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

AskGuru Q&A Community

Want this question answered?

1 Answer

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours