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2 Answers

Mike Lim
Replied
Afternoon,

If my memory doesn't fail me, once you apply for new EC, bank would have approved your loan for the purchase. Under HDB ruling, you are not allow to engage into another mortgage loan within 30 months from the approval of the HDB property mortgage loan.
Alternatively, you can check this particular issue by calling the HDB hotline.

Regards
Mike Lim
 96929209 
ERA Read More
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Alexandra Khoo 邱雯励
Replied
Well, to supplement Mike's reply, I guess if you buy the second condo totally in cash, nobody can stop you.

However you really dont have to commit to two properties at the same time. Perhaps you can rent while waiting for the EC to TOP. Alot of Singaporeans are opting to rent while searching for a good property to buy. Read More
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