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Hi, Yes ,even when no grant is taken initially when purchasing a BTO. As long as you purchase a BTO, it is considered a subsidised flat, and there will be resale levy applicable.

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Landon Chew
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landonchew@email.com Read More

Hi Fernelle,

A BTO unit is considered a subsidised flat, thus equivalent of taking a housing grant. Under such circumstance, you will be considered a 2nd timer when you are eligible to apply for BTO after fulfilling the MOP for the current flat, and yes, resale levy is applicable in that instance if we base on existing policies and regulations.

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, appreciate your sharing. You only can apply new BTO after 5 years MOP
Looking forward to assist you at 9696 4398  or email me at stewartlim96964398@gmail.com

Cheers
Stewart-PropNex (Senior Associate Division Director) Read More

Hi,

1) BTO is categorized as a subsidized flat, the same as buying a resale flat with grants.
2) You will be considered as a 2nd timer when you apply for the 2nd BTO/SBF.
3) You are subject to a resale levy when you bought the 2nd BTO/SBF.
4) You may refer to below for the amount of resale levy you are subject to:
https://www.hdb.gov.sg/residential/buying-a-flat/conditions-after-buying

5) Please be reminded that if you are taking a 2nd HDB loan. You will be subject to a right-sizing policy.
6) This means that 50% of the cash proceeds after selling your flat will be deducted and used to pay for the BTO/SBF.

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
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volume_up

BTO Flat Ownership and Future Eligibility (Singapore):
BTO Flat = Subsidized Housing: Owning a BTO unit is considered using a housing subsidy.

Second-Timer Status: After fulfilling the Minimum Occupancy Period (MOP) for your current BTO flat, you'll be classified as a "second-timer" when applying for future BTO applications.

Resale Levy: Based on current policies, being a second-timer applying for a BTO flat typically incurs a resale levy.
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

BTO Flat Ownership and Future Eligibility (Singapore):
BTO Flat = Subsidized Housing: Owning a BTO unit is considered using a housing subsidy.

Second-Timer Status: After fulfilling the Minimum Occupancy Period (MOP) for your current BTO flat, you'll be classified as a "second-timer" when applying for future BTO applications.

Resale Levy: Based on current policies, being a second-timer applying for a BTO flat typically incurs a resale levy.
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
Second timer with levy when applying a BTO
I would be glad to assist you.
Feel free to contact me at wa.me/6597100155 .
Hope to hear from you soon.
Pei
Mobile: (65) 9 7 1 0 0 1 5 5.
Email: peicheng.tan@propnex.com
Associate Group Director
Propnex Realty Pte Ltd

https://linktr.ee/peiproperty
https://r011838b.propnex.net Read More