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Hi, once you have MOP, you will be able to apply for a new BTO without selling your current unit first. As for the waiting time before you move in to the BTO, it will depend on your financial funding for the BTO. If you are able to fund the BTO without touching on the sales proceed of your existing resale unit, you can collect the keys to the BTO first and sell your existing unit within 6months from key collection. However, if you are planning to use the funds from sale of resale flat to finance the BTO, you will have to do a contra, which in this case will require you to sell your unit first before you can collect your key as the money is needed to pay off the BTO.

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Landon Chew
97 39 60 40
landonchew@email.com Read More

Hi,

1) You shall be able to apply for the HFE once your current flat meets the MOP.
2) You will be able to take part in the balloting exercise once you receive an approved HFE.
3) You have to ensure you have sufficient funds for the down payment, legal fees & stamp duty for the BTO when you are invited to select a unit.
4) The current building time for the BTO is from 2.5 years to 3.5 years according to the HDB.
5) You can continue to keep your unit until the BTO is ready for key collection. You have up to 6 months to sell your unit after the key collection.
6) However, if you need funds to pay for the BTO from the sale of the current flat. You will have to sell before the key collection.

Please give me a thumbs-up if the answer provided is relevant to your main concern. Thanks!!!

Hope the above answers your main concerns, but if there are more queries, 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
https://www.linkedin.com/in/ckling/ Read More

Hi,

1) You shall be able to apply for the HFE once your current flat meets the MOP.
2) You will be able to take part in the balloting exercise once you receive an approved HFE.
3) You have to ensure you have sufficient funds for the down payment, legal fees & stamp duty for the BTO when you are invited to select a unit.
4) The current building time for the BTO is from 2.5 years to 3.5 years according to the HDB.
5) You can continue to keep your unit until the BTO is ready for key collection. You have up to 6 months to sell your unit after the key collection.
6) However, if you need funds to pay for the BTO from the sale of the current flat. You will have to sell before the key collection.
7) There was no mention of whether you have received grants for the current flat.
8) Please note you are subject to a resale levy if you have collected grants for the current flat.

Please give me a thumbs-up if the answer provided is relevant to your main concern. Thanks!!!

Hope the above answers your main concerns, but if there are more queries, 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
https://www.linkedin.com/in/ckling/ Read More

Thank you for your question. You will only be eligible to apply for BTO upon fulfilling your MOP for the current place, and you do not need to sell your current unit first before you put up your application for BTO.

Since BTO takes time to be built, you will still be able to stay in your current place until the BTO is about time to collect keys, and depending on your finances, you can choose to only sell off your existing unit after collecting keys to the new unit (within 6 months), should you have the necessary finances to complete the purchase.

Should you require the funds from the sale of your current place to finance the purchase of the BTO, them you will be required to time the sale with respect to the key collection for your new place.

Do take note that should you have gotten CPF housing grants for your current resale flat, you will be considered as a 2nd timer, and resale levy will be applicable for your BTO purchase. depending on the existing flat type you have purchased. Hope this helps!

I have been in the real estate business since 2009, with more than 14 years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

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Hi,

Assuming you qualify for 80% hdb loan, there is a 10% downpayment plus 3% stamp duties you need to prepare when selecting an unit ("Agreement of Lease" phase). This can be covered by cash or CPF OA. If you have this funds you need not sell your hdb first.

Once your BTO keys are ready, another 10% will be required. The rest can be settled by loan and / or your sale proceeds after selling your HDB. Have to cover full purchase price before hdb allow you to collect keys. If you need your proceeds to come back first, then have to sell first and request extension of stay.

Hope the above clarifies. I am well-versed with HDB and private property transactions, having helped more than 100 homeowners transit smoothly with their housing plans. Please reach out to me at 97432395  for a more in-depth discussion :)

May I have more info on your requirements so as to make better recommendations? Thanks and looking forward to chat more

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Hi Sir/Madam

Are you looking to sell/buy or rent out your property?

If you are currently navigating through any aspect of the real estate journey such as renting, selling, buying, or investing and need help, feel free to contact me for assistance. I am here to support you every step of the way.

I am well versed in HDB and Private Property transaction and have done many transactions
Appreciate if you can contact me at (65) 9 6 6 0 8 5 0 8 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) 9 6 6 0 8 5 0 8
Email: Silviayang8@gmail.com Read More

Hi,

I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Have a good day ahead. By the way, once you cross the MOP in another 3 years time, you would be eligible to apply for the next BTO.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Upgrading to a BTO flat from your current HDB flat involves several steps. Once you meet the Minimum Occupation Period (MOP), you can apply for HDB Flat Eligibility (HFE).
>>After receiving an approved HFE, you'll participate in the balloting exercise.
>>Be prepared for the down payment, legal fees, and stamp duty when selecting a unit. >>Construction takes 2.5 to 3.5 years, and you can keep your current flat until the BTO is ready.
>>You have 6 months to sell your current flat after receiving the BTO keys, but if you need those funds for the BTO purchase, you'll need to sell earlier.
>>There might also be a resale levy to pay if you used grants on your current flat.
>>WhatsApp me at: ABLE Toh >>9856 9255 or through this link.:https://wa.me/6598569255

----------------------------888--------------------------------888--------------------------->>>

"If you need more assistance with property matters:

like renting / selling, buying / or investing, I'm here to help!

WhatsApp me at: ABLE Toh >>9856 9255 or through this link.:https://wa.me/6598569255

(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

You can check out my reviews here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

For buyers, I offer solutions for sourcing resale and new private homes at no charge.

I can connect you with reputable bankers for private housing loans free of charge and with no obligation.

I also have partners to assist with mortgage home insurance matters.

Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份） :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!

*** You can reach me at my Singapore mobile: (+65)>>9856 9255>> or email me at Able.selling@gmail.com.

From: ABLE Toh- Your Property ASSISTANT ：）

“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”

XXXXX The End XXXXXXX Read More

Hi,

You can apply for BTO first and dispose your current flat within 6 months from BTO unit key collection.

Hope this helps,

This platform does not allow me to contact you directly so kindly contact me at
https://wa.me/6597261112 I would be glad to assist you further.

Thank you and best regards,

Jenny Tran
Propnex Realty Pte Ltd
(HP) +65 97261112 
(Email) jenny.tran@propnex.com
BSc (Real Estate) (Hons)-NUS

Testimonial from Satisfied Clients
-- My husband and I wish to commend the sincere attitude and good customer service rendered by
your staff Jenny, who handled the sale of our 5R HDB flat early this year. We have met several
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the sale, unlike other agents who are self-interest. Jenny is punctual and prompt in the whole
dealings and we were convinced that such an agent is hard for find nowadays. Jenny is a
trustworthy, honest, sincere and hardworking agent. We are happy with her service and would
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should value her. Thank you Jenny for her efforts--
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--Jenny is very committed and responsive to her clients and she has spent hours updating them and
looking out for great deals and even tailor-made property proposal geared towards their needs. Will
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also patient and client-centered throughout the process of finding a home that met our criteria. As a
first-time home buyer, we appreciate how she went out of her way to explain the process and
answer questions we had--
Samantha (Resale condo buyer) Read More

WhatsApp me at: ABLE Toh (65) 9856-9255  or through this link.:https://wa.me/6598569255
----------------------------888--------------------------------888--------------------------->>>
"If you need more assistance with property matters:
like renting / selling, buying / or investing, I'm here to help!
WhatsApp me at: ABLE Toh (65) 9856*9255 or through this link.:https://wa.me/6598569255
(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

(***) You can READ my REVIEWS here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

For PRIVATE Home Buyers, I offer solutions for sourcing resale and new PRIVATE homes at ZERO charge (Because Most PRIVATE seller Agent are willing to share commission with Buyer Agent)

I can connect you with reputable bankers for private housing loans free of charge and with no obligation.

I also have partners to assist with mortgage home insurance matters.

Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份） :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!

*** You can reach me at my Singapore mobile: (65) 9856 9255  or email me at Able.selling@gmail.com.

From: ABLE Toh- Your Property ASSISTANT : ）
“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”

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