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I got the valuation of my new house on 31st July. Understand that HDB chnages the ethnic quota every first of the month. When should my resale application be submitted? Cause now it has affected my purchase of the new flat. Agent advised to appeal. Will the appeal be relevant?
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1 Answer

Hi,

1) It is very difficult to get approval in the ethnic quota.
2) Yes, the HDB reviews the quota at the beginning of every month.
3) If you have followed the news closely, an opposition party had raised this in parliament and got rejected by the Minister of the Ministry of National Development in 2021. Saying this is the core of our belief (balance of 4 races in a living estate) and should not be taken lightly.
4) Personally, I had come across a case that the seller had failed in appeal for more than 3 years.

Hope the above answer to 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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