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Hi,

Is your current hdb bought direct from hdb, or with cpf housing grant given? If so, its considered subsidized housing.

Resale levy applies when you buy your 2nd subsidized housing, and its payable only by cash, usually from your sale proceeds of current hdb. Subsidized housing includes BTO, resale hdb with grant and ECs (purchase from developer) with resale levy. In your case you be considered a 2nd timer.

May I understand your housing plans further so to make better recommendations? Thanks and look forward to value-add to your housing plans further.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
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Evening,

Did you utilize housing grant for the first application? Or was it purchased under sales of balance flat or BTO unit? If neither is true, you are eligible to apply for BTO or SOBF as first timer and not subjected to levy payment.

FYI
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More

Good evening seller,

Care to share whether your existing flat is purchased directly from HDB (BTO or Sale of balance flats) or resale flats with housing grants?

If yes, you will be considered as second timer for new BTO or SBF. You will have to pay a resale levy based on your current flat model in cash. For instance, 3rm: $30k; 4rm: $40k etc.

If you dont want to pay resale levy when you go for new EC, you can opt for those ECs that you dont have to pay resale levy.

If you purchase a resale flat without housing grant, you will not have to pay resale levy for BTO/ SBF or EC.

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YT TAN 陈永达 | ACCA Graduate, RES
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R043025D
Propnex Realty Pte Ltd
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Hi,

Re: The best deals available through SG Professional- BuyRealtor.com & NewLaunchDeal.com

Resale Levy fully by cash... :)

Feel free to engage me as your agent. I can assist you based upon your stated contents and walk you through the entire process with options.

Call me now, we can explore further in detail.

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