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Hi there, me and my spouse currently own a resale flat and am looking to apply for a BTO flat using HDB loan.
For HDB BTO with HDB loan, understand that 10% down payment is required during lease agreement signing with remaining 15% payable during key collection.
While we should not have problem paying the 1st part of the 10% down payment, we would like to ask for the 2nd part of the 15% down payment, can we pay using the sales proceed after we sell our resale flat? Otherwise, is there other ways we can explore as our CPF or cash might not be sufficient before selling existing home. The stagged payment scheme is also not applicable for us as we both are above 30 years old.
Thanks
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1 Answer

Good day to you.

All BTO owners will receive notifications about their key collection date approximately six months in advance. This presents an opportunity for us to collaborate in marketing your unit and aligning the completion schedule with the CPF refund, against your key collection date. By coordinating these elements, we can ensure a seamless transition from your current residence to your new home.

Navigating a property transaction can feel overwhelming, especially when it intersects with major life events.
With over 15 years of experience as a property consultant, my role goes beyond market knowledge — it is to provide clarity, structure, and peace of mind through complex decisions.

I regularly assist clients with sensitive and non-standard situations, including:
• Divorce & Asset Settlement — guiding parties toward fair, practical outcomes for shared properties
• Intestate & Estate Planning — helping families navigate inherited property and future planning with confidence
• Complex Property Matters — including cases involving Lasting Power of Attorney, bankruptcy, or special circumstances

If you’re seeking clarity rather than pressure, I’m happy to have a conversation to understand your situation and outline possible next steps.

Mike Lim
CEA Reg No: R026708F | ERA
WhatsApp: https://wa.me/message/VCDD3MUYRD3JP1
Email: m52i@yahoo.com

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