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How do we go about this?
We intend to sell out condo soon, do we have to wait 30months after the sale before we can apply from Hdb directly?
We are currently staying in a 5rm Hdb which was our first purchase from Hdb but we wish to downgrade to a 4 rm bto.
We are both in our 60s and are citizens.
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8 Answers

YT Tan (陈永达)
Good afternoon Sir/ Mdm,

I understand that both of you currently own a 5RM HDB and a condo.

As you had highlighted as well, you need to dispose off your condo first and observe 30 months waiting period before you can apply for a BTO. As the BTO construction period lengthen due to ongoing pandemic, it could be a long wait before you can take possession of your BTO.

Just wondering have you guys consider a resale flat instead?

Hope my sharing helps in aiding in your enquiry. May I know how can I value add further in your property needs?

Best regards,

YT Tan
Property Kaki
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Hi,

Yes the current regulation is such that you need to wait out 30 months after selling your private property before you are eligible to apply for the new BTO purchase. Thereafter, you can apply while still staying in the current 5-room flat, until the BTO is ready.

May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,

Ivan Ng Realtor
ERA Senior Marketing Director
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Hi,

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 just assisted my client who have similar concern
I will be glad to assist you as well
Appreciate if you can contact me at (65) 96608508  with details of your unit
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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Dear Sir/Mdm,

For your case, I would suggest you selling your condo first and wait out the 30 months before you apply for the BTO. While waiting for your BTO to be ready, you can continue staying in your 5 room HDB flat and sell when your new flat is ready.

If you do not wish to wait for so long, resale flat is also an option as you will not need to observe the 30 months waiting period and can move in almost immediately.

Please feel free to contact me so that I can understand your situation better and provide you with more informed recommendation on what is the best approach going forward.

Regards,
Nick Tan
(M) +65 9644 4854 
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Susana Read More
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Hi,

1) Yes, you will have to observe the 30 months (2.5 yrs) waiting period after selling your condo before you are eligible for the normal BTO; 3-rm and bigger 99 yrs leasehold BTO.
2) No, you don't have to wait 30 months (2.5 yrs) before you are eligible for the 2-rm Flexi lease BTO.
3) You can put up your application now and sell your properties away within 6 months upon key collection if you have sufficient cash/CPF for the purchase.
4) Because you are not allowed to loan for the 2-rm Flexi lease BTO.

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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1
Hi
I am assuming you owned both a condo and HDB, Yes you have to wait for 30 months after selling your condo before being able to apply for BTO/SBF. You may want to consider a resale where the process is much more clear cut. 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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Robbie Chen Chee Howe
Hi,

Yes, you're right. You will have to sell off your condo first, and then wait out a 30-month period before you are eligible to apply for a BTO flat directly from HDB.

Meanwhile, you can continue to stay in your 5RM flat during the wait-out period.

Having said that, as your current 5RM flat is also a BTO flat, you will be deemed as a "second-timer". This means that you will be required to pay a resale levy upon the sale of your flat, after you got your next BTO flat.

One more important thing to also note is, quota set aside for "second-timer" applicants for BTO are only a small fraction of the number of units up for ballot. Hence, if you're looking for 4RM or 5RM flats, the chances are very very slim for you to be successful in your balloting. Your chances may increase if you opt for 3RM flats instead.

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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