Afternoon Michael,
Have you fulfilled the applicable MOP of your HDB flat? If yes, you can go ahead and purchase a condo but you have to bear in mind that if you still have outstanding housing loan, you are only eligible to loan up to 60% of valuation/ purchase price.
If no outstanding housing loan, it will be up to 80% and you are able to keep both properties without selling off your HDB.
But if you have not fulfilled the MOP, you are not eligible to purchase.
May I know when did you buy your HDB flat? Resale or BTO?
Hope to hear from you soon!
Warmest Regards,
YT TAN
District Consultant
R043025D
(M):
9111 5171
(E): yt.lovelyhomes@gmail.com
(W): www.yttan.com
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