AskGuru Q&A Community

Hi,

If your EA flat was bought with a subsidy, resale levy of 50k (in cash, from your proceeds) still applies when you apply for BTO and collect you keys. The concept is every household can only enjoy subsidy once, and as BTO is also considered subsidized housing, and will be your 2nd subsidized flat, thus resale levy will still apply. If you wish to avoid resale levy, you may want to consider resale flat instead. Thanks and may I understand your housing requirements further and assist with your housing plans? Hope to have the opportunity to work with you.

Warm regards
Ivan ERA
 97432395 
Ivanng10@gmail.com
Website: http://www.ivanng10.com/#!reviews/c11r1
(Client's Testimonials) Read More

hi thanks for your enquiry. For levy yes u may need to pay. since u r buying BTO is cheap and so HDB will want u to pay them back the levy. if not all may buy resale flats. they r selling BTO in lower price in order to gain back the levy charges for their expenditures in building. For further assistance I am free to come down to clear yr other doubts and help sell yr flat too.

with best regards
Prisscillia Vejaya OT
 91059124 
Associate Deputy Group Director Read More

Good morning,

It's great to hear from you.

May I know whether is your current EA purchased with CPF housing grant or directly from HDB?

If it is, then you have to pay the resale levy.

One household are only able to enjoy subsidised public housing once.

BTO and resale HDB purchased with CPF housing grant are considered subsidised public housing. Since you have enjoyed once, you have to pay resale levy to enjoy the next subsidised flat.

Hope my explanation helps!

If you need any assistance or advice in your property sale, feel free to contact me. Cheers!

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
(W): www.propertyavenue.com.sg Read More

Afternoon,

If your current unit have being bought directly from HDB or with housing grant, $50k levy will be payable in cash.

FYI
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More

Dear sir/madam,

Is your current EA the first HDB you owned and was it purchased in the resale market with any housing grant? If this is not your first HDB, can I know more about the HDB you owned before this? This information is required to determine if resale levy is applicable.

Visit and Like my facebook page at https://www.facebook.com/propertyblogshop/

New Singapore Expatriates on facebook is up and running. Come join us at https://www.facebook.com/groups/newsgexpats/

My self introduction at https://youtu.be/6UfrCOCB6Mg

Regards,

Geryl LIM
Real Estate Director
Global Alliance - Masters Of Real Estate
M.O.R.E Property Pte Ltd (L3010548F)
CEA Reg R014783H
Mobile: +65-81577565  /+65-92787772
Email: geryl7772@gmail.com

M.O.R.E Landed Dynamic Alliance
Home of *7772 Hotline
Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now! Read More

Kindly contact me for a no obligations chat for your property needs .

My charges are 1% commission for exclusive selling right to your property , or 2% for open listing .

Joanne chia
Hp 8333 3327  Read More

Hi,

I need more information on your previous grants to give you a definite answer.

If you're planning to sell at a much higher price and safely with an experienced agent then you need to know why so many HDB sellers engage me: http://heikal-shafrudin.com/hdb-on-sale/

and here:
http://www.propertyguru.com.sg/agent/heikal-shafrudin-91734/heikal-shafrudin#agent_listings

Are you selling your HBD? Then it makes sense to sell using new strategies to sell higher and faster.

Call Heikal: +65 9759-7125  Read More