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Hi, I had done my HDB flat selection and paid the $2K option fee. I am now awaiting for my 2nd appointment to sign agreement of lease and also pay the 5% downpayment. However after some thoughts, I decided that I want to apply for an EC instead of continuing with the signing of lease agreement for the BTO flat. Do I need to wait for 1 year before I can apply for a new EC? It is first time for both me and my wife for the BTO application, we had never purchased any properties prior.
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2 Answers

Ivan Ng
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Hi,

Unfortunately yes, at this stage if you cancel the BTO application, you have to wait out 1 year before you can apply for any other subsidized housing category (including new EC from developer).

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.

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  • BL
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    I am actually interested in the anchorvale EC scheduled for launch in first half of 2018, if i cancel the bto application now, i am not sure if i can still make it for that launch, judging by the popularity of the sengkang/punggol area. By the time I am cleared of the debarment period, it will likely be first week of August 2018. Do you think it is still possible to get a unit by then? It seems the only viable option will probably be the Sumang Walk EC in 2019, which is quite a long wait.
YT Tan (陈永达)
Replied
Good afternoon,

You might want to contact HDB on your request to cancel BTO applpication and stay eligible to apply for upcoming EC at anchorvale.

Based on the recent EC sale and demographics in Sengkang/ Punggol, it could be another sell out project as there might be another large group of buyers waiting to upgrade from HDB.

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