Asked by wang mengxi
Can I BTO first, and then while waiting for BTO buy a resale flat?
2401 views
7 Answers
Hi Wang,
Unfortunately the answer is no, once you commit to a BTO you will have to wait till completion (about 3 years) and stay mimimum 5 years before you can sell it and move to the next resale HDB unit. You can not own more than 1 HDB unit.
If you are in a hurry to move in then BTO might not be a good choice. You should then look into buying resale HDB/condo instead.
Please do not hesitate to contact me at 9726 1112 so that I can assist you further
Thank you and best regards,
Jenny Tran Read More
Unfortunately the answer is no, once you commit to a BTO you will have to wait till completion (about 3 years) and stay mimimum 5 years before you can sell it and move to the next resale HDB unit. You can not own more than 1 HDB unit.
If you are in a hurry to move in then BTO might not be a good choice. You should then look into buying resale HDB/condo instead.
Please do not hesitate to contact me at 9726 1112 so that I can assist you further
Thank you and best regards,
Jenny Tran Read More
Hi Mengxi, I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Hope to hear from you soon and have a great week ahead.
Regards
Aaron Chong
9730 8455
aaronchong2774@yahoo.com.sg Read More
Regards
Aaron Chong
9730 8455
aaronchong2774@yahoo.com.sg Read More
Hi Mengxi,
Sorry to inform you that you are unable to own 2 HDBs at any point of time.
If you intend to get a BTO first, you will have to fulfill its minimum occupation period first before getting a resale. Of course have to dispose off the BTO eventually,
Hope my sharing aids in clearing your doubts.
May I know how can I value add further in your property needs?
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R043025D
Propnex Realty Pte Ltd
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Sorry to inform you that you are unable to own 2 HDBs at any point of time.
If you intend to get a BTO first, you will have to fulfill its minimum occupation period first before getting a resale. Of course have to dispose off the BTO eventually,
Hope my sharing aids in clearing your doubts.
May I know how can I value add further in your property needs?
"Build Legacy, Comfortable Retirement"
*Transforming my clients' lives*
*Wont let your hard earned money to go into waste*
*Let your money works harder for you*
YT TAN 陈永达 | ACCA Graduate, RES
R043025D
Propnex Realty Pte Ltd
(M): +65 9111 5171
(E): yt.tan91115171@gmail.com
(W):www.yttan.com
(FB): www.facebook.com/yttanassetprogessor
Creative marketing (copy and paste URL) :
1) https://www.facebook.com/watch/?v=395750131215921
2) https://www.facebook.com/watch/?v=290515518310711
Accolades:
Propnex Annual Convention 2019 - Top 3% individual producers
3rd Quarter 2018 - Top 2% individual producers
July 2018 - Top 1% individual producers
2nd Quarter 2018 - Top 3% individual producers
1st Quarter 2018 - Top 3% individual producers
Find out your property value for FREE on a monthly basis. Simply sign up by clicking the link below:
http://bit.ly/yt_proptrack Read More
Hi Mr Wang
Assuming you are a first timer Singaporean, you can apply for CPF housing grants up to $160000 to purchase a resale flat. After MOP of 5 years you may proceed to apply for BTO. Once your BTO has TOP (around 3 years from date of application) you may then proceed to sell off your resale flat and purchase a BTO. With your CPF grants together with accrued interest being refunded to your CPF account, you will built up your CPF that way which means you have lesser loan obligations for your new BTO in teh future. (Do note Resale Levy is applicable to be paid in cash) Do contact me at 93375051 for further queries and details.
Regards
Taufik Hussein
ERA Realty Network Pte Ltd Read More
Assuming you are a first timer Singaporean, you can apply for CPF housing grants up to $160000 to purchase a resale flat. After MOP of 5 years you may proceed to apply for BTO. Once your BTO has TOP (around 3 years from date of application) you may then proceed to sell off your resale flat and purchase a BTO. With your CPF grants together with accrued interest being refunded to your CPF account, you will built up your CPF that way which means you have lesser loan obligations for your new BTO in teh future. (Do note Resale Levy is applicable to be paid in cash) Do contact me at 93375051 for further queries and details.
Regards
Taufik Hussein
ERA Realty Network Pte Ltd Read More
Hi Mr Wang
Assuming you are a first timer Singaporean, you can apply for CPF housing grants up to $160000 to purchase a resale flat. After MOP of 5 years you may proceed to apply for BTO. Once your BTO has TOP (around 3 years from date of application) you may then proceed to sell off your resale flat and purchase a BTO. With your CPF grants together with accrued interest being refunded to your CPF account, you will built up your CPF that way which means you have lesser loan obligations for your new BTO in teh future. (Do note Resale Levy is applicable to be paid in cash) Do contact me at 93375051 for further queries and details.
Regards
Taufik Hussein
ERA Realty Network Pte Ltd Read More
Assuming you are a first timer Singaporean, you can apply for CPF housing grants up to $160000 to purchase a resale flat. After MOP of 5 years you may proceed to apply for BTO. Once your BTO has TOP (around 3 years from date of application) you may then proceed to sell off your resale flat and purchase a BTO. With your CPF grants together with accrued interest being refunded to your CPF account, you will built up your CPF that way which means you have lesser loan obligations for your new BTO in teh future. (Do note Resale Levy is applicable to be paid in cash) Do contact me at 93375051 for further queries and details.
Regards
Taufik Hussein
ERA Realty Network Pte Ltd Read More
Hi Mengxi,
As long as you had not chosen a unit in a BTO exercise, you are free to commit to a resale HDB flat.
If you had chosen a BTO unit, and eventually decided to go for a resale HDB flat, you will need to forfeit the deposits that you had already paid towards the flat. You will also not be entitled to the housing grant.
I am experienced and well-versed in both private and HDB resale transactions. I will be able to assist you in your housing plans. Please get in touch with me for a more in-depth discussion.
Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305 . I will be happy to assess and share with you the possibilities for you in the current market.
Thank you.
Best regards,
Robbie Chen
9748 6305
PropNex Realty Read More
As long as you had not chosen a unit in a BTO exercise, you are free to commit to a resale HDB flat.
If you had chosen a BTO unit, and eventually decided to go for a resale HDB flat, you will need to forfeit the deposits that you had already paid towards the flat. You will also not be entitled to the housing grant.
I am experienced and well-versed in both private and HDB resale transactions. I will be able to assist you in your housing plans. Please get in touch with me for a more in-depth discussion.
Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305 . I will be happy to assess and share with you the possibilities for you in the current market.
Thank you.
Best regards,
Robbie Chen
9748 6305
PropNex Realty Read More
You buy resale first, don't take grants, around two years later, can go for BTOs or EC, but ensure when TOP, your resale flat reach 5 years MOP.
ERA Jonny Wang 97258060 Read More
ERA Jonny Wang 97258060 Read More