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My sister and I both each have a small condo for investment. We both live with our parents in a HDB flat (under parents' name). We have spare ability to upgrade our HDB flat (another 300+k). Is there a way to finance for my sister and I to finance it (other than paying cash)? Appreciate your advice.
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1 Answer

Robbie Chen Chee Howe
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Hi,

If you wish to take a loan under your name or utilise your CPF towards the HDB flat, you will need to be the co-owner of the flat. This means that you will be required to dispose off your private condo latest within 6 months upon the HDB purchase. You will also be required to serve a 5-year MOP before you can purchase another property.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
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