I am considering selling my 5 room resale flat in Sembawang (50x, wellington circle) and getting a BTO near the east region. The resale flat is my first unit, have been staying there for ard 5 years.
I would like to make a profit from it. Is it feasible? and the profit would go to my CPF account or I can get it in cash?
Can I check what are the rulings, issues, levies, etc that I should be aware of? Would I be eligible for a HDB loan?
Thanks in advance for answering.