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I'm taking bank loan for my current resale flat, its over the MOP. Waiting for my BtO next year and taking 1st time Hdb loan. Can someone enlighten me, how much cash/ cpf $ I can take after selling my current Hdb
So that, I can have better understanding to prepare for my next BTO
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2 Answers

Ivan Ng
Replied
Hi Ginny,

It depends on your attainable sale price. If its a positive sale, there will be cash proceeds after redemption of the mortgage bank loan and also cpf utilized for the property will also return to your OA.

May I have more info and requirements about your property and plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

Email: Ivanng10@gmail.com
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Mike Lim
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Afternoon Ginny,

In order for me to assist you, I would need to know your unit's location, model and sizing, condition and level. I would also need to know how much CPF have being used and what is the current outstanding loan amount.

Do feel free to contact me for detail discussion.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
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