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Hi,

Resale levy is payable by cash only, and will be offset from your sales proceeds of the current hdb (assuming positive sale). There's no workaround for this and you can't use cpf or loan for resale levy. The only way to avoid it is to opt for non-subsidized hdb or ec without resale levy.

May I understand your requirements further so to make better recommendations? Thanks and look forward to value-add to your housing plans further.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
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SMU BBM (Finance), Magna Cum Laude

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Evening,

If your current unit have being purchased through the resale market using bank loan, have good credit credit and income does not exceed the caps, you are eligible for HDB loan. The down payment is 10% by CPF. However, you will have to settle the option and exercise fee by cash. Not forgetting items like HDB admin fee, valuation report, commission fee, tax refund and insurance by cash.

Do feel free to contact me for detail discussion.

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

Hi,

To begin, I would like to point out the key essential in the sell-buy process and that is the : Financial Cash Computations and Calculations. It is recommended to have a preliminary discussion with a professional who will work out your financial cash projection, generation of sales proceeds and factor in the likely purchase price so that the process is smoothly facilitated and ensures you a tidy substantial profit. Sometimes, being rookies and unfamiliar with the overwhelming process, a slight wrong decision can lead to a paper loss and even actual loss! In addition, it will be best to understand more on the market insights and caveats of your intended purchase as well as for me to run through the overview procedural framework. Sell-Buy process should be expedited on a step by step basis, to ensure no financial liquidity complication and no wrath of regulations.

D Kumar
 +65 96659926 
ERA Associate Division Director
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Good evening buyer,

Resale levy is payable by cash only. If you want to avoid it, you might to consider resale hdb or EC that is not subject to resale levy.

Care to share what's your intention in getting a BTO/ Sale of balance flats?

Just to share!

Only a one time sign up, you will be able to receive a free SMS update on the value of your home and neighborhood from me on a monthly basis.

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Join me on board towards a hassle free update on valuation now!

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Senior Associate Marketing Director
R043025D
Propnex Realty Pte Ltd
Estate Agent no. L3008022J
Blk 480 Lorong 6 Toa Payoh, #10-01/11-01 HDB Hub East Wing, Singapore 310480

(M): +65 9111 5171 
(E): yt.tan91115171@gmail.com
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Hi,

Re: The best deals available through SG Professional- BuyRealtor.com & NewLaunchDeal.com

You take note if your HDB selling with neg cash proceed and below Valution. You need to top up in cash the difference of the selling price vs the valuation back to CPF.

Feel free to engage me as your agent. I can assist you based upon your stated contents and walk you through the entire process with options.

Call me now, we can explore further in detail.

I am contactable at 92222389  or onassis@sgrealtor.com / sgagent.com
In all Areas of Singapore. Sale/Buy/Lease/Rent, Please call and/or drop me an email me. I’m always at your Services.

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