Asked by
My current flat is a 3room.Years of occupacy is 9years.Under bank loan.My husband and i are planning to sell it.At this moment,we do not wish to upgrade to a bigger size flat so is it possible for us to purchase another 3 room flat under open market?Any penalty fees we have to bear if we do not upgrade to a bigger flat?Thanks
0
580 views
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

2 Answers

Evening Wati,

If you are looking at purchasing another resale unit on the open market, you will be be liable for any penalties. This is especially so when you purchase with bank loan.

Do feel free to contact me if you require further assistance.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
0
OHMYHOME PTE LTD
Introducing HomerAI by Ohmyhome – the ultimate property toolkit at your fingertips! Get instant home valuations, in-depth market insights, and connect with qualified buyers seamlessly. With our DIY calculators and expert agents boasting a stellar 4.9 rating, selling your home has never been easier or more affordable! Read More
0

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

Previously Asked Questions