Asked by Lena S
I intend to sell my 4A HDB flat @ Jurong West St. 91. Kitchen & 2 toilets renovated about 3 yrs ago. My asking price is $340000 (valuation not done yet) - is this reasonable?
Another question: in order not to result in negative sale, I have to sell at $290000 the minimum (after return CPF + accrued interest). Suppose if I do get to sell it at $340000, then I buy another HDB resale flat at say $300000, does this mean I can pay for the new flat in full, meaning I do not have to take up any loan & at the same time I have a profit of $40000 cash? Is this feasible?
Another question: in order not to result in negative sale, I have to sell at $290000 the minimum (after return CPF + accrued interest). Suppose if I do get to sell it at $340000, then I buy another HDB resale flat at say $300000, does this mean I can pay for the new flat in full, meaning I do not have to take up any loan & at the same time I have a profit of $40000 cash? Is this feasible?
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