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Hi,

You didn't share when is your 1st appointment thus it is difficult for us to advise accordingly.

But according to understanding when mentioned "just sold recently", implying your 1st appointment should be in Jan 2018.
The timeline to sales completion is 6~8 weeks from 1st appointment, which shall be in March 2018.

(1) You should be getting your new keys before money from resale flat return to your CPF account.

(2) During SOF 2nd appointment, since it is 2nd appointment, implied that your CPF OA has sufficient for the 10% deposit.
Thus do not need to worry about when money from resale HDB return to your CPF OA.
You may approach your HDB branch for your new flat to arrange to top up your downpayment and reduce your loan after you receive your resale proceed.

(3) Since you've applied for HLE, you will properly cannot get any bridging loan from banks. As bridging loan is an extra service from bank for their customer, but you may try.

(4) Under normal circumstance, HDB will delay your key collection instead of getting themselves into complicating arrangement.
But there is no harm to try.

Hope the above answer to your main concerns, but if there are more queries, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com

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Good morning,

Having sold your unit does not mean that the HDB first appointment had been secured. Some buyers require 45 to 60 days from exercise of OTP prior submission. These would impact the entire schedule. I would be sure that your servicing agent is well aware of your timeline requirement and would be working in your favor.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA

Looking for someone who have knowledge and experience on sales and purchase of residential properties?
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