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Good morning,

You will be eligible to apply for BTO if you are a second timer. Do bear in mind that resale levy of $40k will be applicable.

Process should be about the same as per what you had went through for your existing HDB.

Advisable to work out your numbers to assess whether can proceed without selling your HDB as there are payments to be made at different stages.

https://www.hdb.gov.sg/cs/infoweb/residential/buying-a-flat/buying-procedure-for-new-flats/sign-agreement-for-lease

Hope my sharing aids in your property needs. Do contact me if you need any assistance.

Best regards,

YT Tan
Property Kaki
You dream. I create. We make it happen!

Association of Chartered Certified Accountants Graduate
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Hi, do not worry about this as there are many possible scenario for you in this case. In that many years to come, the rules might have changed but usually what happens is as follows:

1) Fulfill your MOP in 2years time
2) Apply for an HFE to see if you eligible to purchase another BTO
3) This is where you can choose, either to sell your HDB and find an alternative location to stay(not ideal), or apply for another BTO
4) Closer to your second BTO completion, sell your current HDB.

Hi, hopefully you managed to get your doubt or query answered. If so, then congrats! Hopefully you are doing well now.

If you are currently or planning to find a property agent, I can assist.

If you are interested in prices of houses in your neighbourhood, you may visit this website to find out more or contact me.

https://www.era.com.sg/R064892F

If you are currently planning to go on a property journey selling/buying/renting/investing, I can be of assistance. Do feel free to reach out to me for more queries and assistance.

Landon Chew
97 39 60 40
landonchew@email.com Read More

Yes you are able to use the CPF OA, depend on your next loan whether HDB or bank loan.
For BTO again, require to pay resale levy.

Cheers
Stewart Lim - PropNex
 9696 4398  Read More

Yes, you should be eligible to BTO as a 2nd timer unless you do not qualify for BTO due to the criteria like family income, and do take note that in such cases, you will be subjected to resale levy.

Is there any reasons for you to do so?

——

I have been in the real estate business since 2009, with more than 14 years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

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We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!

Warmest regards,
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Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
 +65 92787772 
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My self introductory video on https://www.youtube.com/watch?v=S_2NydENfx0

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Hi Sir/Madam

You are likely eligible to apply for a BTO flat as a second-timer if you meet the eligibility
However, you may be required to pay a resale levy.

If you are currently navigating through any aspect of the real estate journey such as renting, selling, buying, or investing and need help, feel free to contact me for assistance. I am here to support you every step of the way.

I am well versed in HDB and Private Property transaction and have done many transactions
Appreciate if you can contact me at (65) 9 6 6 0 8 5 0 8 with details of your unit
or click here https://bit.ly/WaSilvia to whatsapp me for no obligation discussion
Thank you.

Warmest regards,

Silvia Yang

Senior Marketing Director
ERA Realty Network Pte Ltd
Mobile: (65) 9 6 6 0 8 5 0 8
Email: Silviayang8@gmail.com Read More