To further encourage financial prudence, HDB will reduce the quantum of the second concessionary loan by the full CPF proceeds and part of the cash proceeds from the disposal of the existing or immediate past HDB flats. HDB reserves the right to determine the amount of proceeds to be deducted, depending on the existing / immediate past flat's manner of holding or the provisions of any court order relating to the disposal of the flat (where applicable). HDB will determine the proceeds to be deducted, taking into account the provisions of the court order, without reference to the manner of holding of the existing / immediate past flats. Flat buyers can keep the greater of $25,000 or half of the cash proceeds (including the cash deposit received), HDB will take into account the remaining part of cash proceeds when determining the quantum of the second loan to be granted.


个人感觉是不是HDB认为我们卖掉当前的HDB会获得一些cash，而且HDB不鼓励那太多的loan，所以要少grant一些loan给我们。