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Am planning to buy a small 2-bedroom condo late 2017 or early 2018 in Jurong West area when I met my MOP for my current hdb 4-room unit. Seeking advise on whether I should sell off the hdb before condo purchase (to save the ABSD and reduce bank loan) or to keep the hdb and use the HDB rental to service the condo mortgage?
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1 Answer

Ivan Ng
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Hi,

Ideally, most households will try to keep both HDB & condo, but if the financial commitment is taxing, you may want to consider selling your HDB first and just hold 1 property.

To make better recommendations, it will be ideal if I could speak to you over phone/email so to understand your objectives and requirements better. Thanks and hope to discuss further on your investment plans.

Warm Regards,
Ivan Ng
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