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Hi Sir/Madam, If my parents current status is Sporean with 3rm flat left around 6years loan to pay. If my parents BTO and get a new flat, are there any cash involve if we sell current and get new one?
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1 Answer

Morning Wei Shng,

For this question, it would depends on multiple factors:

1) Your parent's current unit location, facing and condition
2) Upcoming purchase unit's size, location and level
3) How much CPF your parents can utilize
4) How much loan they can get, based on their income status and credit record

Do feel free to contact me for further discussion.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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