If you take a second HDB concessionary loan, HDB right-sizes it: you keep the higher of S$25,000 or 50% of your cash proceeds from the flat you sold — including the deposit you received — and the rest goes into the next purchase to reduce your loan. Each household can take at most two HDB loans. Here is how the numbers actually land.

Continue ReadingSecond HDB Loan: The 50% Cash Proceeds Rule