AskGuru Q&A Community

Dear Sir/Mdm,

1. You will not be eligible to apply for BTO 4 or 5 room flat as a single. You will ONLY be eligible for 2 room flat in a non mature estate.

2. If both you and your mum are the owners, she will be able to use the CPF amount which was utilised in the current flat in the new resale flat. However, if she is above the age of 55, she will need to set aside Basic Minimum Sum before she can use the rest. She will also need to sell the current flat within 6 months.

Please feel free to contact me so that I can understand your situation better and provide you with further assistance!

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
(W) www.nick-tan.com

Testimonial from Satisfied Clients (2015/2016)
“We are very grateful to Nick for his extensive marketing efforts. With his comprehensive marketing plan, he helped us to achieve a record selling price within 2 weeks of listing our property for sale! We highly recommend his service to anyone who is keen to sell their properties.”
Mr & Mrs Wong (Property Seller)

“Nick has conducted himself ethically and professionally when handling the sales of our property. Thanks to his patience and perseverance, we managed to secure a sales price beyond our expectations.
We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
Mr & Mrs Tan (Seller of Inter-Terrace House)

“Nick is a responsible, efficient and excellent salesperson. He has very good knowledge of the real estate market and I benefited a lot from his advice and sharing. He is extremely patient when guiding me through the buying process and I am happy to secure a dream house within my budget with his assistance. A highly recommended salesperson who made my house hunting journey a breeze.”
Ms Chia (Buyer)

“Nick provides a delightful customer experience from day one when I engage him as my agent to look for a flat of my choice to the completion of the deal. He is competent, resourceful and has a pleasant manner to work with. He is the Agent of my choice in dealing with properties and I would highly recommend him to others who would appreciate an agent that takes care and can give the customer a peaceful mind.”
Susana (Buyer)

“Nick is very pro-active in helping us to resolve whatever questions and problems that we encountered. All the issues are settled even before us having to request or ask for a second time. He was very frank and transparent with all the details, limitations and advantages that we wouldn’t have known. I think this is the most important virtue to be successful in this line. I will surely recommend him to anyone who needs his service because I trust that they will be equally satisfied!!”

Mr and Mrs Chan (Sold and Bought a property through Nick) Read More

Hi,

1) Sorry to inform that you are not eligible to apply for BTO 4 or 5 room under single scheme. For single scheme only eligible to apply for 2rm BTO.

2) Yes, if you are applying for BTO with your mum as owner, however she may need to sell the current within 6 months from the key collection of the new BTO.

May I have more info so that could have better recommendations? Hope to hear from you and add on value to your housing plan.

Shawn Yim
CEA Reg. No: R049796J
Propnex Realty Pte Ltd
HP: 9695 4627 
Email: sean_5832@yahoo.com Read More