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Hi,

If the flat with your parent was purchased from HDB with a subsidy as a new flat, you should be considered as having used up your first timer status. Note that you will need to pay resale levy if you want to apply for a new BTO with your wife in this case.

If the flat with your parent was purchased from the resale market, then your first timer status should be intact.

Take note that BTOs have been notoriously hard to ballot for. On top of that, construction time can vary from 4 to 6 years. Depending on your needs, you may consider the resale market for immediate availability.

I would be glad to assist you further and please feel free to let me know if you need any further clarification. Have a good day ahead.

Warmest regards,

Alvin Yap

Marketing Associate
PropNex Realty Pte Ltd
Mobile: (65) 9669 3494 
Email: Alvin.yapck@hotmail.com Read More

Dear sir,

Thank you for your post here. Did you purchase the current flat direct from HDB or was it purchased in the resale market (any housing grant)?

Financially, are you contributing to the repayment using your CPF? If yes, then your parents must be able to pay back the amount used plus the accrued interest to your CPF account for this transfer.

I have been in the real estate business since 2009, with more than 13 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.

With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.

We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!

Warmest regards,
Geryl Lim
Associate Group Director
Salesperson Registration No. R014783H
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
[main] +65 6471 8888  [mob] +65 81577565  [LDA] +65 92787772 
www.geryllim.com

My self introductory video on https://www.youtube.com/watch?v=S_2NydENfx0

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