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I'm currently staying in a HDB flat that is fully paid off. I'm interested to purchase a condo that is going to TOP in 2017.

I intend to sell off the HDB flat to help pay for the condo so that the loan amount will be lesser. But I can't sell until the condo is ready to move in.

If going by progressive payment scheme, the condo need to be paid off in full at TOP, is that correct? Does that I mean I have to take loan for 80% of the condo price, and then refinance the loan after selling my HDB?
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5 Answers

Hi,

For the detailed financial planning illustration, may I have more details so as to help you understand how your upgrading objectives can be achieved? I will be glad to devise the lowest cost possible option, as what I have done with my clients. Which condo are you considering? Thanks and hope to understand your requirements and housing plans further so to better value-add.

Warm regards
Ivan ERA
 97432395 
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Hi,

I think it would be apt to construct a detailed financial plan to advise further. Do contact me for a further discussion. Do visit my website for my latest awards and testimonials @ www.kumarrai.com. Thanks!

D Kumar
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ERA Associate Division Director
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Hi,
To advise you in details, I can send you the structure of progressive payment and explain the options.

I am contactable at my mobile or email.

CK Ang
 9046 3808 
res.ckang@gmail.com Read More
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Dear upgrader,

The payment scheme you have understood is generally correct therefore I am curious why have you identified 2017 for the timeline you are working on? Are you still under MOP?

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GAN ENG JOO ONASSIS
Hi,

Re: Our Preferred Experienced SG Realtor

To simplify the choices, you can opt for EC Top unit by direct developer or resale condo.
1-2 months caveat upon the ownership transferred

We can assist you based upon your stated contents and walk you through the entire process with options of immediate move in unit / TOP direct by developer without resale levy. Call us now, we can explore further in detail.

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