2 Answers

YT Tan (陈永达)
Hi Kamini,

Currently in Singapore, as long as your HDB flat fulfill the respective Minimum Occupation Period, you are absolutely eligible to buy a condo.

If it's BTO, you need to wait for 5 years. If it's a resale HDB flat bought from the open market, it's depends on your completion date.

May I know when do you purchase your HDB flat?

As you are a PR, you will be subject to Additional Buyer's Stamp Duty of 3% as the next property purchase will be your second but you can apply remission from IRAS.

If you dont have any outstanding loan, you are eligible to loan up to 80% of the valuation/ purchase price.

Downpayment will made up of 5% cash and 15% CPF.

I will love to assist you in your property purchase!

Looking forward to hear from you soon!

Warmest Regards,
YT Tan
ECG Property
M: (+65) 9111 5171
E: yt.lovelyhomes@gmail.com Read More


J.A. Goh 吴永益
Hi Kamini,

It will depends on when you last bought your HDB. As long as you have completed your MOP (Minimum Occupation Period) you can buy Condo.

Please take note that if you still have outstanding housing loan, bank will only loan you 60% for your next property.

The process/rules will be too long to write here. Please feel free to call me directly for a non-obligation discussion. Alternatively, we can also meet up to discuss
at your convenient time and place.

Thank you & Best Regards
HP: 9639 0350
ERA Senior Marketing Director
CEA Reg No. R025894Z
CEA License No. L3002382K
Email: gohja@singnet.com.sg Read More