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Hi,

1) You will lose your 1st timer privilege once you apply for a grant.
2) Because this is considered you had received a subsidy from the govt.
30 On top of this, you have to pay a resale levy when you buy the BTO/SBF.

Hope the above answer to your main concerns, but if there are more query, 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://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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Hi,

If you took CPF Housing Grant for your resale flat purchase, you will be considered as taken once grant.

When you apply for BTO after you have met your 5-year MOP for the resale flat, you will be considered as a second-timer applicant. Should you manage to get the BTO flat, you are required to pay a resale levy upon the sale of your resale flat (the flat that you had taken grant).

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property 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