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Me and wife bought first BTO under HDB loan. We already applied for 2nd BTO which will be ready a year later but we wish to sell our current flat now. For the 2nd BTO we don’t intend to take any loan. After deducting the CPF we have used plus accrued interest and 40K levy, we will get sales proceeds of about 180K. For the current flat, we still has an outstanding loan of 60K. So my question is can we use the money we have in our OA which totals to about 40K to pay off the loan so that we can get more sales proceeds in cash?
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3 Answers

OHMYHOME PTE LTD
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Landon Chew
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Hi, hopefully you managed to sell your unit at a good price then. If, so then congrats! Hopefully you are doing well now.

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If you are interested in prices of houses in your neighbourhood, you may visit this website to find out more or contact me .

https://www.era.com.sg/R064892F

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Landon Chew
97 39 60 40
landonchew@email.com Read More
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John Lai
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Hello there!

With my strong foundation in property analysis, market trends, and legal frameworks, my expertise covers a broad spectrum of real estate matters.
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John Lai | 黎潍铭
 8444-0899  | john.lai@kwsingapore.com
Associate Growth Manager 
KW Singapore Real Estate

Top Achiever Agent 2023 (PropNex)
Top Achiever Agent 2024 (PropNex) Read More
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