Asked by Anonymous
Hi,
I am looking to apply for a BTO unit and am currently staying in a "resale" HDB 4 room unit.
I would like to know what is the process like when I apply for the BTO. And I also have some questions.
1. How do I fund the 10% or 25% upon signing the BTO lease? I looking to use my CPF OA to fund as much as possible. However, I have limited fund in my CPF OA. Can I somehow make use of the sales proceed from selling my current HDB unit? But I only intend to sell my current HDB unit a couple of months before I get the keys to the BTO.
I am looking to apply for a BTO unit and am currently staying in a "resale" HDB 4 room unit.
I would like to know what is the process like when I apply for the BTO. And I also have some questions.
1. How do I fund the 10% or 25% upon signing the BTO lease? I looking to use my CPF OA to fund as much as possible. However, I have limited fund in my CPF OA. Can I somehow make use of the sales proceed from selling my current HDB unit? But I only intend to sell my current HDB unit a couple of months before I get the keys to the BTO.
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