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I applied for the SOBF at Bedok and just got my queue number of 37 which is a long shot from the available 25 units.
I am now planning to apply for the BTO at Tampines and considering to purchase a resale flat in Bedok (Max: $350k) in the meanwhile and sell that when I get the BTO (hopefully).
Is there any issues with this plan or is there a better plan that I am missing out?
Also, assuming I get a resale flat for $350k at Bedok, what is the minimum amount of cash that I would need to prepare?
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3 Answers

Hi Joey,

Once you get the resale HDB in Bedok, you cannot book for any BTO unit within the 5 year MOP period as you will be ineligible. You have to choose between the two (BTO or resale hdb).

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 ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

Email: Ivanng10@gmail.com
Contact: (+65) 97432395 
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Evening Joey,

I'm afraid that once you have purchased the resale unit, you will not be eligible to apply for BTO till MoP have being fulfilled or vice versa.

Should you require assistance on the hunting for resale unit, do feel free to contact me.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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Robbie Chen Chee Howe
Hi Joey,

In my opinion, queue number 37 is considered quite good already. There will be people in front of you who give up, so you might just stand a chance.

Also, if you were to choose to buy a resale flat today, you will not be able to apply for a BTO flat for the next 5 years, while you serve your MOP. So I'm not sure if that's what you want.

Anyway, if you're keen to explore the options that are available to you, please contact me at my mobile 9748 6305  . I will be happy to share.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More
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