Asked by
Hi guru , can i check if i am eligible for the staggered downpayment scheme ?

I bought my current resales flat under the non citizen spouse scheme, then my husband got his pr and we added in name to the ownership this year only . We only took one single grant of 15k for this resale flat. Now we would like to go for bto in matured estates , but we might have a little problem for the downpayment. For such cases , are we able to apply for the staggered downpayment ? Both of us are around age 35.

Also, will there be any resales levy incurred ? Or any other charges we need to take note .

Thank u !!
0
149 views
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

3 Answers

Hi there, I will try my best to answer your 2 questions.
First is "are you eligible for staggered downpayment?"

There are 2 requirements for a staggered downpayment. 1) First timer couples and 2) Flat owners who right-size to 2-room or 3-room flats in non-mature estates
Read more here : https://www.hdb.gov.sg/cs/infoweb/residential/buying-a-flat/new/staggered-downpayment-scheme

Second question " will there be any resale levy?"
There will not be any resale levy. The other charges includes buyer's stamp duties, conveyance fee and misc fees.

Hope this help :)

With regards,
Andik Imran
PropNex Realty Pte Ltd
(M) +65 9450 8732 
(E) andikimran@realestatedad.sg
Learn more about me : https://realestatedad.sg/andik-imran/ Read More
0
Hi,

As your spouse is a SPR, and you have taken grant once, it is likely you will be considered a 2nd timer and cannot be eligible for the staggered downpayment scheme for BTO. Also, since you have taken grant once, if you apply BTO again, a resale levy is applicable too, and it will be half resale levy since only 1 of you have taken the grant.

I am making some assumptions here and will need more details to share a more accurate input. May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,

Ivan Ng Realtor
ERA Senior Marketing Director
ERA Top 600 Achievers in Year 2017 (Top 10%)
ERA Top 300 Achievers in 3rd Quarter 2017 (Top 5%)
SMU BBM (Finance), Magna Cum Laude
Proactive. Sincerity. Feedback.

Contact: (+65) 97432395 
Email: Ivanng10@gmail.com
IG: instagram.com/ivanngrealtor
FB: facebook.com/ASAProp
W: ivanng10.com/clientreviews
(Client's Testimonials)

**Note: We are not prompted when you respond here, hence please get in touch directly. Look forward to hear from you soon! **

-- HDB BTO 4rm Sellers Mr. Farvin & Ms. Sel --

Ivan was the first agent that we met up with and right from the offset we had good vibes as he has a friendly personal approach, detailed working style and focuses on building the long-term relationship. He is a committed professional and has fast execution, so we felt assured that things are done well and we can entrust the sale process entirely to him.

We're looking to find an investment property next and will be glad to work with Ivan again for the long-term to restructure our property portfolio. He has become a friend now, and we are most happy to recommend his professional services to our loved ones and friends.

--- HDB Flat Upgraders Mr. & Mrs. Lee ---

We decided to engage Ivan as our agent as we were impressed with how he answered all our enquiries. He has helped us to find our ideal unit and also sold our current unit. He was very patient and never pushy when we were looking for our ideal unit. He would tell us that it is always important to find a unit that we really liked. Thanks Ivan! :)

-- Sellers of Exec Maisonette Gaffoor & Isha --

Buying or selling property is a big decision, as we wanted to make sure our agent is someone we can trust, get in touch with, and approachable. Ivan certainly fits the bill. He was available anytime of the day to answer our queries and was with us throughout the process. We have no reservations in recommending him.

-- HDB BTO 4rm Sellers at Sengkang, Jonathan & Abigail --

By faith, we signed the contract with Ivan and in less than two weeks time, we opened our house for the first and the only viewing, days later the OTP was signed! Thank you for all your excellent diligent services and all the professional advise!

-- HDB upgraders to New EC owners Mr. & Mrs. Goh --

My unit was marketed by another agent back in Q3 2017 and after more than 3 months, there wasn’t any offer. I almost lost hope and thankfully I made the right decision to switch to Ivan. Through his hard work, perseverance & commitment, my unit was sold by Q1 this year. Would definitely recommend Ivan’s services to any potential sellers out there. Read More
0
OHMYHOME PTE LTD
Greetings from Ohmyhome!.

We are able to assist you on this matter.

For more information, kindly contact us at 68869009  or WhatsApp us at 97551009  .

Richmond Chia
Senior Advisor
Ohmyhome Pte Ltd Read More
0

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

Previously Asked Questions