Asked by Jackson
I purchased my current flat on 1 Mar 2009. Am I correct to say I am now eligible to purchase private property since I have passed my MOP of 2.5 years? (since resale application was before 5 Mar 2010)
I intend to purchase a condo for rental yield, whilst keeping my current flat. If I pay down fully my existing HDB loan via CPF and cash, I will be eligible for 80% loan on new purchase?
What are the disadvantages of holding both a HDB as well as a condo at the same time? I understand the subsequent restrictions if I were to sell my HDB, thus becoming a de facto private property owner. May I know the main cons of this arrangement?
I intend to purchase a condo for rental yield, whilst keeping my current flat. If I pay down fully my existing HDB loan via CPF and cash, I will be eligible for 80% loan on new purchase?
What are the disadvantages of holding both a HDB as well as a condo at the same time? I understand the subsequent restrictions if I were to sell my HDB, thus becoming a de facto private property owner. May I know the main cons of this arrangement?
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