AskGuru Q&A Community

Hi Slacko

Yes you are able to get a private property
as long as you fulfilled your HDB Minimum Occupation Period(MOP). Since you cleared your HDB you will be able to get a 80% loan depending on ur loan term & the age you will loan till.

Please kindly contact me @ 92700370  for any further enquiries
Thanks!

Huttons Asia Pte Ltd
Developer Sale Team
Nicolas Soh
 92700370 
www.propertyinsider.com.sg Read More

Hi Mr slacko

Do contact me , so that we can had a further discussion on it , i will guide you on all the detail of it

Regards
ERA Realty Network Pte Ltd
CEA Registration no: R027650F
address - 743, Lorong 5 Toa Payoh, Hersing Hub, Singapore 319457
telephone ( +65 6226 2000 
facsimile 2 +65 6220 0066 
mobile ) +65 9746 7007 
email/msn +/J shawn007@singnet.com.sg
website 8 www.shawnsoh.com.sg Read More

Hi there, as you currently have a HDB loan commitment, you loan for your second property will only be 60%, what that means is that you will have to fork out a greater cash/cpf upfront to secure a condo.

I hope for you to contact me so that I may advise the financial calculations for you to facilitate your decision making - to buy or not to buy or to sell an upgrade.

Yian Tay
ERA Realty Network Pte Ltd
Mobile: 82884499 
Email: yiantay.era@gmail.com
CEA Regn - R027190C Read More

Evening,

Since you have cleared your current mortgage, you should be able to get 80% loan. However, you need to consider on your CPF minimum sum, the actual amount of loan you can get, based on your age, income, credit record and loan period. If you are SC or PR, by fulfilling the MOP, you are eligible to purchase your second property.

FYI
Mike Lim
 96929209 
ERA Read More