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Hi,

Unfortunately if you purchased and are staying in a condo now, you need to wait out a 30 month period after selling the condo, before you can purchase new EC or new HDB flat. For resale hdb, you need not wait out this 30 month period, just that you need to sell away your condo within 6 months after key collection to resale hdb.

You can still qualify for new HDB or new EC as each household is entitled to 2 subsidized housing per lifetime. However, a resale levy applies and its based on the size of 1st subsidized flat (the one you sold).

Thanks and may I understand your requirements further so as to value add better to your plans?

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

Email: Ivanng10@gmail.com
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Hi seller/buyer,

You can qualify for a new HDB flat/EC, but you'd be subjected to a levy of up to $50k.

In your situation, it's unlikely that you'd be able to buy a new HDB flat/EC, unless you sell your condo and rent somewhere else for 2.5 years; otherwise, please start marketing your condo unit before committing to the resale HDB flat/EC purchase, as it might take more than 6 months to dispose your condo unit.

Feel free to contact me at your convenience, and we can carry on from there.

Thanks and regards,
Teck Chuan, Ng
BBA (Finance), NUS
ERA Realty Network Pte Ltd
Mobile: 9137 4602  Read More

Afternoon,

As you are currently owner of private property, you are only eligible for purchase of private residential after 30 months of sales. All Singapore citizen are eligible to purchase widow dozed unit twice.

Do contact me further should you require my assistance.

Regards
Mike Lim
 96929209 
m52i@yahoo.com Read More

Good evening,

As currently you are a private property owner, you need to dispose off your unit first and observe 30 months waiting period before you are eligible to apply a new EC or BTO. You will be subject to resale levy as well and the amount will be based on your first BTO. For instance $30k for 3rm; $40k for 4RM etc.

If you dont want to wait that long or pay resale levy, you have to look into resale market then.

Probably you can share more with me on the idea of getting a BTO or EC so I will be in a better position to advise you further.

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Vice President (Agency)
R043025D
Property Avenue Pte Ltd
Estate Agent no. L3010650D
Blk 420 North Bridge Road #03-30 North Bridge Centre S188727

(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W):www.yttan.com Read More