1. **Resale Levy Applies**: A resale levy is required when purchasing a second subsidized flat (e.g., BTO). Since your first subsidized flat was sold in 1996, the levy is **25% of its sale price**.
2. **Eligibility with Father**: You can apply for a BTO with your father as a co-applicant. He will be considered a **second-timer**, but this does not affect your eligibility.
3. **HDB Loan Qualification**: You can still qualify for an HDB loan if:
- Your father has not used two HDB loans before.
- Your household income is below **$14,000**.
4. **Family Nucleus Requirement**: To apply, you and your father must form a **family nucleus**. If his income is included in the loan assessment, both of you must be listed as **main applicants**.
5. **Check Loan History**: Confirm whether your current flat was financed through an **HDB loan** or a **bank loan**, as this affects your eligibility for another HDB loan.
6. **Submit HFE Application**: To clarify your financial position, submit a **Housing Fund Eligibility (HFE)** application. This will provide detailed figures on your loan limits, grants, and resale levy.
7. **Plan Ahead**: Use the HFE results to plan your finances, including the resale levy and downpayment, before proceeding with the BTO application.
*As Benjamin Franklin wisely said, "By failing to prepare, you are preparing to fail." Take these steps to ensure a smooth and informed BTO application process.*
WhatsApp me at: ABLE Toh
(65) 9856-9255
or through this link.:https://wa.me/6598569255
----------------------------888--------------------------------888--------------------------->>>
(1) "If you need more assistance with property matters:
like renting / selling, buying / or investing, I'm here to help!
WhatsApp me at: ABLE Toh (65) 9856*9255 or through this link.:https://wa.me/6598569255
(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )
(2) (***) ✅✅ You can READ my REVIEWS here:
✅✅
https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.
(3) ✅✅ For PRIVATE Home Buyers, I offer solutions for sourcing resale and new PRIVATE homes at ✅✅ ZERO charge (Because Most PRIVATE seller Agent are willing to share commission with Buyer Agent)
*** You can reach me at my Singapore mobile:
(65) 9856 9255
or email me at Able.selling@gmail.com.
From: ABLE Toh- Your Property ASSISTANT : ）
“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”
=========
(4A)✅✅ For the Below Condominium that may Achieve TOP ( Temporary Occupation Permit / Relatively New Condominium which may faced Difficulties/ Challenges to rent / sell at your Expected Pricing as facing too many neighbour’s units competing to Sell / Rent Out ,...
(4B)✅ ✅ ✅ I am okays NOT TO be the Sole Exclusive Agent , but the “ Open Listing “, additional pair of hands to help you bring the matching buyer / tenant . “ May the Hardworking + Lucky agent close the Deal !!, ( Whether it’s me or another agent ,✅✅✅ I will still be HAPPY FOR THE OWNER !! ✅✅My advantage is : I myself , have a Small Team of Agents who will work together with me to cast a wider Marketing Nets to Reach Your Goal !!!
Below is a list for reference >> see if YOUR CONDOMINIUM IS BEING MENTIONED:
(4C)✅ ✅ ✅
(1) Affinity At Serangoon, (2) Canninghill Square, (3) Dairy Farm Residences
(4) Forett at Bukit Timah, (5) KI Residences At Brookvale, (6) Kent Ridge Hill Residences
(7) Leedon Green, (8) Lavender Residence, (9) Meyer Mansion
(10) MeyerHouse, (11) Midwood, (12) M Suites
(13) NoMa, (14) One-North Eden, (15) One Pearl Bank
(16) Phoenix Residences, (17) Riviere, (18) Riverfront Residences
(19) Tedge, (20) The Atelier, (21) The Iveria
(22) Verticus, (23) Zyanya, (24) Mayfair Gardens
(5A) ✅ ✅ >> FOR NEW CONDOMINIUM IN
✅ ✅ YEAR 2025 / APARTMENT PROJECTS In Singapore
(5B) ✅ ✅ the LIST :
(1) Arina East Residences, (2) Aurea, (3) Aurelle of Tampines (EC)
(4) Bagnall Haus (former Bagnall
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