AskGuru Q&A Community

Get answers from PropertyGuru experts in 24 hours

Asked by
With the current HDB rules, can I still buy a condo for investment and keep my HDB flat after my 5-yr MOP? I bought my resale HDB flat in 2008 and still have outstanding HDB loan after MOP. If yes, can I use my remainding CPF monies to pay for the condo?
0 •
3551 views
Upvote Upvoted
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

1 Answer

William Koh
Replied
Hi Upgrader,

You are still able to buy condo and keep your hdb flat, after you had fulfilled the MOP of your HDB flat.

Please do noted that the next mortgage loan that you are eligible will be max of 60% due to the existing mortgage loan that you had.

Cheers,
William Koh
 9027 1972 
willkck@gmail.com
www.GuruSg.com
williamkoh.st701property.com
www.myBedokResidences.com
www.ArcAtTampinesEC.com
ERA Read More
0
Upvote Upvoted

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

Ask Your Question
Previously Asked Questions