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Hi, it is NOT 100% that you do NOT need to fork out additional cash, as it depends on the purchase price of your existing unit and loan taken. From the sales of your current unit, you'll need to pay back your outstanding loans and CPF accrued interest etc. If you're taking bank loan, you'll have to pay 5% in cash. If you're taking HDB loan, HDB will reduce the quantum of the second concessionary loan by the full CPF proceeds and part of the cash proceeds from the sale of the existing flat. Buyers can keep the greater of $25,000 or half of the cash proceeds (including the cash deposit received).
Buying and selling your house is a huge commitment, it is advisable that you speak to someone who can give you sound advice. If you need further info, please get in touch with me for a non-obligatory discussion. Read More

come and meet us with your cpf statement and hdb statement.. 96804288 
www.catherinepang.com Read More

Hi Mugen,

Looking at the situation, it is very unlikely that you will have $30k. I will need more information like outstanding home loan, CPF, etc.

Please kindly contact me for a consultation.

HP: 91883678 
Email: titan.era@gmail.com

Look forward to your reply.

Best Regards,
Titan Tan
ERA - Always There For You Read More

Hi! HDB rules are changing. For instance you are using HDB Loan there are terms and conditions for second home.Hence, is best to have a one-to-one discussion.

However you must have your outstanding loan and CPF housing statement ready before I can access a financial calcuation for your. looking for to hear from you.
Jasmine
 9479 5848  Read More