i saw them having reno loan at 3% interest which is very low than usual 8%. Anyway u already sign the loan? Did they do a valuation of the new flat? Cuz hdb couldnt answer me a Q. In event those who loan from bank unable to pay instalment, will the bank take possess of the flat and sell it? Cuz if the bank sell it to open market, that is worth 280k to 300k, but we brought it at only 180k avg. If the bank loan, they taking the 180k as 100percent or 180/280percent? That will affect the loan interest rate. Have u tot abt it?