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I currently own a resale 5rm as first timer. MOP is up end of the year.

1)When can I start applying for BTO?
2)Can i continue to stay in my current falt until TOP for the BTO.
3)When must I let go of the current flat?
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3 Answers

Hi,

1) You can only apply for BTO when your MOP of 5 years is completed. 2) Yes you can stay until you collect BTO keys. 3) You need to sell your current flat within 6 months of key collection to BTO.

Please also note that resale levy of 45K applies for your unit, which is on top of your BTO purchase price. Thanks and may I assist with anything further?

Warm regards
Ivan ERA
 97432395 
ivanng10@gmail.com
www.ivanng10.com Read More
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Evening,

You can start to apply for the BTO on the day when your MOP have being fulfilled. You will be required to sell away your current unit within 6 months from TOP of the BTO unit.

FYI
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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YT Tan (陈永达)
Good evening,

Do take note that you can only apply for BTO upon your MOP is fulfilled. You can continue to stay in current flat until you collect keys of your BTO. Lastly you will have to sell off current flat within 6 months from keys collection.

Hope my explanation helps!

If you need any assistance or advice in your property needs in future, feel free to contact me. Cheers!

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Vice President (Agency)
R043025D
Property Avenue Pte Ltd
Estate Agent no. L3010650D
Blk 420 North Bridge Road #03-30 North Bridge Centre S188727

(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W):www.yttan.com
(W):www.propertyavenue.com.sg Read More
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