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Hi there, I am 28 year old this year living with my mother who is a divorcee in a BTO flat under her name. Can I apply for new bto with her together? Intention is to get a new flat and sell the current flat (MOP fulfilled)
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4 Answers

Robbie Chen Chee Howe
Hi,

Yes, it is possible if she had not utilised her 2 chances of "subsidised housing".

Do take note that resale levy is payable upon the sale of her first flat.

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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Dear Sir/Mdm,

Yes it is possible to form a family nucleus with your mum to get a new flat. However, you will have to check whether your mum is still eligible because each Singaporean is only entitled to 2 chances to purchase a brand new flat from the government. For the 2nd flat, you are also subjected to a resale levy and the right sizing of loan if you are taking a HDB loan.

Please feel free to contact me if you need any further guidance or assistance!

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS) / Cert-in-REA
(E) nick96444854@gmail.com
SEAA Salespersons Achievement Platinum Award 2020

Visit my website to get to know me better:
www.nicktan.com.sg

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Susana (Buyer) Read More
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Hi
Yes you may. However this is provided your mom have not purchased 2 subsided flat previously as every Singaporean is only given 2 chances to purchase a subsidised flat. In addition for your mother case, resale levy will apply. In order to advise you further, I will need more details in regards to your circumstances. Do contact me at 93375051  for a free and non obligatory discussion on this.

Regards
Taufik Hussein
CEA Reg No: R061607B
Contact No: 93375051 
ERA Realty Network Pte Ltd Read More
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Hi,

Eligibility:
1) You + your mum (both SC) are eligible under the Public Scheme for BTO.
2) You can only put up your application after your current flat reached MOP. You can check under your mum's HDB account to see when is the exact date.
3) Your mum must be only the 2nd time applying for BTO. Meaning only applying BTO once and didn't buy any resale flat with grants before.

Finance:
4) You have to check how many times did your mum apply for an HDB loan. Each SC is only entitled to 2 HDB loans.
5) If this is the 2nd time, 50% of the cash proceed will be forced to pay for the new BTO upon sales.
6) Using an HDB loan is ideal for 1st timer buyers because of the low down payment, and no need to fork out cash if there are sufficient funds for the down payment in CPF.

Hope the above answer 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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