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Hi, can we (SC couple) get a new HDB flat immediately after we sell our existing one? Are we restricted by the HDB ruling of 30 months wait out period to buy a new flat for second timer? Besides resale flat option, what are other options to purchase a new flat after we sell off the current one , assuming zero property loan?
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3 Answers

Morning,

If you are looking at BTO or SOBF, you will need to apply for it and secured the unit before you can opt to sell your current HDB unit.

Do feel free to contact me for detail discussion.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
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Hi,

I assume your current place is a hdb. If you have met MOP, you are eligible to apply BTO now, and can sell your current hdb later. Typically that's what similar households do. Thanks and hope to have more info so to make better recommendations.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
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SMU BBM (Finance), Magna Cum Laude

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YT Tan (陈永达)
Good afternoon,

You can opt for BTO or sale of balance flats. Sell your unit when you are about to get keys for the new flat and opt for contra so the sales proceeds will be used to finance the new flat so you wont have to take up any loan if you have sufficient finances to cover.

But I am afraid to inform you that you just missed the recent new flats application perhaps you will have to wait for the next one.

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Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Senior Associate Marketing Director
R043025D
Propnex Realty Pte Ltd
Estate Agent no. L3008022J
Blk 480 Lorong 6 Toa Payoh, #10-01/11-01 HDB Hub East Wing, Singapore 310480

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