1 Answer

askguru expert
Hi there, thanks for writing to us on AskGuru.

The ideal situation is for you to pay off your next property purchase fully from your sale proceeds.

Whether or not you should buy a resale flat or a DBSS depends on your family's needs, financial situation, lifestyle aspirations and so on.

We advise you to use our mortgage calculator here to see if you can afford your purchase: https://www.propertyguru.com.sg/mortgage/calculators/mortgage-repayment

Hope this answers your question.

Best Regards,

Team PropertyGuru Read More

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