As long as you do not have any outstanding loan for your current residental property, you can loan up to 80% of the valuation, subject to bank review and approval.
You do not have to sell off your HDB unit if you purchase a condo. And if you do plan to sell it, there is also no timeline for it.
However, please note that you have to complete the MOP of your HDB unit, before you can purchase a Condo.
Hope this helps
Choo Jia Ming
B. Hons (EEE)
Savills Sales Director
HP: 9476 2732
Salesperson registration. no: R026370F Read More