Asked by Mr Sin Si
New HDB rules.. confusing!Im selling my flat so will this affect me?
I own one property only( HDB flat ) and intend to sell it and probably apply for a BTO? Must i sell it so that I dont have an existing loan or does the new law only apply to those who want to purchase a 2nd property?
The next golden question is will the market go down after this round of cooling measure? If yes should I sell it soon? If it wont can i wait for a few more months or even years till my BTO is ready...i have yet to apply bt not sure how fast i will get as I am a 2nd timer. Should i sell the house before the prices drop like crazy and rent out or should i just wait and the this cooling measure might not affect the price?
Do reply.. tnx a lot!
I own one property only( HDB flat ) and intend to sell it and probably apply for a BTO? Must i sell it so that I dont have an existing loan or does the new law only apply to those who want to purchase a 2nd property?
The next golden question is will the market go down after this round of cooling measure? If yes should I sell it soon? If it wont can i wait for a few more months or even years till my BTO is ready...i have yet to apply bt not sure how fast i will get as I am a 2nd timer. Should i sell the house before the prices drop like crazy and rent out or should i just wait and the this cooling measure might not affect the price?
Do reply.. tnx a lot!
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