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Hi,

It appears you have some misconceptions about the hdb policies. The moment you purchase a resale hdb this year, you will be subjected to MOP of 5 years, hence you cannot apply or purchase any BTO or EC in that 5 years, right until 2021.

Since this is the case, you cannot move in to your new EC or BTO by 2021, earliest also 2025 for construction to take place. If you have plans to eventually get EC, why not just purchase it now? Thanks and hope to have more details so to make better recommendations.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

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Hi,

I believe you mentioned about not taking the PHG because you want to be a first timer when you apply for BTO/SBF next time; but do note that for BTO, you'll definitely be waiting for a couple of years before you can get the flat, or if you're lucky you can get one from the SBF exercise.

However, do note that you'd have to fulfill an MOP of 5 years before you can even apply for BTO/SBF/EC, so you'll definitely be staying in the resale HDB flat for more than 5 years, and 2021 will be out of the question.

Perhaps you should get an EC now, of course with an appeal because of your income. I've seen successful appeal cases.

Feel free to contact me at your convenience, and we can carry on from there.

Thanks and regards,
Teck Chuan, Ng
BBA (Finance), NUS
ERA Realty Network Pte Ltd
Mobile: 9137 4602  Read More

Afternoon,

You will need to fulfill the current unit's MoP before you are eligible to apply for the new BTO unit. Based on the purchased year of your unit, you can only apply for the new BTO or EC in 2021.

FYI
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More

Hi,

Perhaps you could do with a more in depth explanation and advise with regards to your plans ; should you share more details to establish financial calculations and such. Do visit my website for my awards and testimonials. Thanks!

D Kumar
 +65 96659926 
ERA Associate Division Director
www.kumarrai.com ( Recent Awards and Testimonials)

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Good morning buyer,

If you purchase a resale HDB without any housing grant, in this case proximity housing grant, you will be able to apply for an EC within coming 5 years (minimum occupation period) that TOP after your MOP date.

Hope my explanation aids and benefits in your decision making for your further housing plans.

May I know how can I continue to value add in your property purchase?

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
R043025D
Propnex Realty Pte Ltd

(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com
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