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lianaalin

Enhanced contra facility

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Hi all, 

Has anyone utilised the above facility by HDB? Care to share your experience? 

I will be selling my current 4rm HDB and buying a 5rm flat. Not using an agent. Quite confused now as I saw there is contra as well as enhance contra facility. What is the difference?

Also if I'm taking up the HDB loan for the second time, will it be mandatory to put in 50% of sales proceeds from sale of my flat?

 

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