Asked by Irsyad
Hi, I have a question regarding owning a resale flat first while still planning for a future BTO.
I’m getting married soon and considering buying a 3-room resale flat because I need an immediate home. At the same time, I plan to apply for a BTO in the near future.
May I clarify the following:
1) If I buy a resale flat now without taking any grants and I fulfil the 5-year MOP, can I still apply for a BTO while staying there, that will TOP right after my MOP ends?
2) If I buy a resale flat without any grants, will I still be considered a first-timer when applying for a future BTO?
And in this situation, will I incur any resale levy when I eventually apply for the BTO?
3) If I choose to take only the Proximity Housing Grant when buying the resale flat, will that affect my first-timer status for the future BTO or cause me to incur any resale levy?
I’m getting married soon and considering buying a 3-room resale flat because I need an immediate home. At the same time, I plan to apply for a BTO in the near future.
May I clarify the following:
1) If I buy a resale flat now without taking any grants and I fulfil the 5-year MOP, can I still apply for a BTO while staying there, that will TOP right after my MOP ends?
2) If I buy a resale flat without any grants, will I still be considered a first-timer when applying for a future BTO?
And in this situation, will I incur any resale levy when I eventually apply for the BTO?
3) If I choose to take only the Proximity Housing Grant when buying the resale flat, will that affect my first-timer status for the future BTO or cause me to incur any resale levy?
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