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Can I buy rented flat (1 bedroom 1 living room)? My age will be 54yrs next year. Is it expensive? Is there any levy charges because last time I ever buy hdb flat 3 times before I divorce (3 rm resale, 5 rm new flat 4 rm resale). For 11 years I don't have house to stay. My cpf balance about $200 000. Is it possible to buy using my cpf money? If possible what is the procedure & how long it takes.
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6 Answers

Hi,
Please contact me so that I can be of further assistance.
Cheers!

Elan Govan
MABA (Lancaster)
 90170747 
jayelan@gmail.com
www.goodpropertiesguide.com Read More
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I'm a Harvard graduated real estate agent with a degree in economics, and I have a decade of experience working on Singapore public policy. I would love to schedule a free consultation to discuss your options if you need any support.

Feel free to reach out via whatsapp or email.

Kay Cloud
The Harvard Educated Agent
Propnex Realty Pte Ltd
cloud@propnex.com
Tel: (+6.5.) 8.5.6.7.4.5.8.5
Whatsapp -> https://wa.me/6585674585 Read More
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Tan Pei Cheng (Pei)
I would be glad to assist you.
Feel free to contact me at wa.me/6597100155
Hope to hear from you soon.
Pei Mobile: (65) 9 7 1 0 0 1 5 5.
Email: peicheng.tan@propnex.com
Associate Group Director
Propnex Realty Pte Ltd Read More
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Hi,

1) You can only buy a 2-rm flat from the open market when you are below 55 years old.
2) The current market rate for a 2-rm flat (80/90+ years lease remain) range from $295k to $600k.
3) If you wish to buy within your current budget, it is recommended to buy a flexi-lease 2-rm flat from the HDB (BTO/SBF) which will be lower than $150k for a less popular area when you reached 55 years old.
4) The maiximum levy for a flexi-lease lease 2-rm BTO/SBF is kept within $18k.
5) You have to apply for an HFE when you reached 55 years old.
6) Apply for the 2-rm BTO/SBF when the BTO/SBF exercise is announced when you have a valid approved HFE.

All The Best!!!

Hope the above answers your main concerns, but if there are more queries, please feel free to contact me at 90110636  or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://www.linkedin.com/in/ckling/
https://agents.huttonsgroup.com/R056727F/

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You can only purchase a 2-room flat from the open market if you’re under 55, with prices ranging from \$295k to \$600k for units with 80+ years of lease remaining. To stay within budget after 55, it’s advisable to consider a flexi-lease 2-room BTO or SBF flat, which costs under \$150k in less popular areas and has a maximum levy of \$18k. Remember to obtain an approved HFE before applying during the BTO/SBF exercise.
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