HDB Loan or Bank Loan

Hi everyone, hope to seek mortgage loan advice from financial gurus here.

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I have a new flat coming in around 2028 at $800k+. I had an earlier SBF flat which was on HDB loan before I moved to current resale, therefore this next flat coming in 2028 will be eligible for 1 more final HDB loan.

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Question is should I use bank loan or HDB loan? My loan amount should be around $300k to $400k. Age for both spouses is early 40s. Combined income is >$10,000 per month before CPF deduction.

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I have received many advice from different groups of friends who advocate for either option. Both sides made very valid points, hence feeling quite on the fence now and hope to seek some helpful advice via this platform.

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Thank you!