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Hi im currently selling my resale flat and am dilemma whether i should go with Nov’21 SBF or finding another newly MOP BTO ? Which is more beneficial in terms of long term considering adding renovation cost , levy etc
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5 Answers

Hi J,

I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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Hi Sir/Madam

I will be glad to assist
Appreciate if you can contact me at (65) 96608508  or Silviayang8@gmail.com
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) 9660 8508 
Email: Silviayang8@gmail.com Read More
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Tan Pei Cheng (Pei)
Robbie Chen Chee Howe
Hi,

If your current flat is a subsidised flat, you will be required to pay a resale levy if you opt to apply (and be successful) with the Sale of Balance Flats application.

If you're a second timer application, you will need to have super luck in order to secure a good ballot number to select your choice unit. This is because only a small percentage of the flats will be reserved for second timers, as the majority of the flats are catered for first timers.

If you were to go for those newly MOP flats, you will also have to bear in mind that you will be paying at record high prices as such flats are high in demand.

With regards to your stance on "more beneficial", do you mean in terms of monetary gains in the form of capital appreciation?

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More
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Hi J,

Buy SBF:
1) Need to wait for 5~6 yrs completion.
2) Need to pay rent during this period.
3) Likely to have capital appreciation since this is heavily subsidized.
4) Need to pay the resale levy before key collection.
5) Not much choice whether this is SBF or BTO, just that SBF has a lesser choice.

Buy resale:
1) Can shift in within a few month's time.
2) Unlikely to have much capital appreciation as HDB is trying to contain the price growth to a certain percentage.
3) Need to do a renovation but it is for your own enjoyment.
4) Can choose the unit and level that really favor.

Applicable to both cases:
1) Need to prepare to utilize 50% of cash proceed in this purchase if using HDB loan.
2) Complete 5 yrs MOP before can sell.

You are right that both options have their pro & cons, it is how you and family will feel best.

Hope the above answer to your main concerns, but if there are more query, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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