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Hi,

sure if she has met her MOP, she can upgrade to condo. she will be subjected to 7% absd, but she can seek a refund if she can sell her HDB within 6months of key collection to private.

however for her age profile, it is likely max loan disbursed could be until 7years (65-58) and max loan quantum 80% of purchase price subject to bank assessment. you may wish to speak to your preferred bank on this.

any shortfall between loan and purchase price will have to be topped up by cash + cpf. she also has to set aside her cohort minimum sum (should be 148K for hers) before she can utilize any CPF for housing.

Thanks and may I speak to you further over email to understand your requirements?

Warm regards,
Ivan ERA
 97432395 
ivanng10@gmail.com Read More

Hello!
Good day to you!
I'm Daniel Tan from Huttons.

Based on your rough description.

1. Yes she can upgrade to a private apartment if she has fulfilled her MOP for her current HDB.

2. For loan wise, she can get 80% loan subjected to bank approval and she dose not have any outstanding mortgages. For loan tenure wise it will be short as borrower can borrow up to 65 years old if she is looking to get 80%.

Please contact me and allow me to know more your requirements and needs to allow me to shortlist suitable units for you.
Hear from you soon.

Any other queries?
Please feel free to contact me for a non obligated discussion on how I can assist you with your real estate needs.

Have a great day ahead.

Best Regards
Daniel Tan
Huttons Asia Pte Ltd
 (+65) 94775100 
daniel.tck@outlook.com Read More

Hi, there are a few possible financial plan for your sister case. We could discuss via email.

I am reachable at my mobile or email.

CK Ang
 9046 3808 
res.ckang@gmail.com Read More