AskGuru Q&A Community

Hello Vijay,

If you are an Singapore Citizen, then you can avail of upto 80% loan from the Bank that is if the Bank loan of the existing home is fully paid up.

You may call me on 93380071  or write me a message and I shall revert back.

Thanks and regards,

Radhika Prakash
DTZ Read More

Hi Mr Kumar,

Yes, you are allowed to buy a private condo after MOP is complete. And you can keep the current HDB if you are a SIngaporean.

For Singaporean, the ABSD for 2nd property is 7%, on top of 3% standard stamp duty.

You can loan up to 80% loan if you have no more outstanding loan, if not, up to 50% for 2nd property. But all these subject to banks with regards to your age, liabilities etc. esp. the recent TDSR about IWAA.

Perhaps we can discuss more if you need to. Thanks.

Regards,
Keith Kam
HP: 9782 7080 
www.propertylaunchinsg.com
Propnex Read More