Asked by Anonymous
My wife and me age 52 years old; currently we have a 3-room resale flat with an outstanding loan from HDB We get the BTO key at the end of Decrement 2014. After the HDB loan grant and the CPF monies, the outstanding amount will be $169.030.42, which have to pay by cash. We do not have so much cash on hand. The only way is to sell our resale flat and top up the cash for the BTO. My question is does HDB allow us to we get the key first then pay the outstanding amount after we sell our resale flat which I think is the grace period? Or can we delay the key collection date to sell our resale flat first? We are very worry as there is a capital turnover difficulty for the new coming BTO flat.
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