6 Answers

askguru expert
Hi Mr Maris D, thanks for writing to us on AskGuru.

As a general guide, you can buy upwards (meaning from an HDB flat to a private property) but not the other way round. This is because HDB flats are subsidised public housing with the aim of keeping prices affordable for everyone. If you have a private property and wish to downgrade to buy an HDB resale, you must sell your private property within six months of the resale flat purchase. If you wish to buy a BTO flat, HDB rules state that “applicants and occupiers listed in the flat application do not own other property overseas or locally, and have not disposed of any within the last 30 months”. The only exception is if you are gifted (via a will) with a resale HDB flat, subject to HDB’s approval. Do note, you cannot buy an HDB resale and BTO flat concurrently.

Hope this answers your question.

Best Regards,

Team PropertyGuru
Stewart Lim
Hi Sir, I would like to share the followings -
For resale flat, you have to cash out your current private property before able to proceed with HDB purchase.

For BTO, you have wait 30 months to apply for BTO after you cash out your current private property. For faster reply please call or whatsapp me at 9696 4398.
Stewart Lim - Propnex
Nick Tan
Hi Mr Maris,

You will be eligible to purchase a resale flat. However, upon purchasing, you will need to dispose off your private property within 6 months.

As for BTO, unfortunately, you will only be eligible after you sell your private property and observe a 30 months waiting period. You will also have to satisfy other requirements such as forming a family nucleus and also meeting the income ceiling in order to qualify.

Regards,
Nick Tan
(M) +65 9644 4854
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
(W) www.nicktan.com.sg

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Robbie Chen Chee Howe
Hi Mr Maris,

If you qualify under one of the eligibility schemes, you will be able to purchase a HDB resale flat. However, do take note that you will be required to sell off your private residential property within 6 month upon your HDB flat purchase.

You will not be able to apply for a BTO though, as you need to fulfill a 30-month wait upon the sale of your private residential property, before being eligible.

If your current private property is non-residential, then you will be able to apply for the BTO, subject to the qualifications and eligibility conditions as well.

Should you need any further assistance in matters relating to property, please contact me at my mobile 9748 6305. I will be happy to assess and share with you the possibilities for you and your partner in the current market.

Thank you.

Best regards,
Robbie Chen
9748 6305
PropNex Realty
Ling CK
Hi Mr Maris,

To buy HDB resale and BTO, you have to fulfill certain criteria and condition. This has nothing to do on whether you own any private property.

The condition on disposing private property to switch to public housing are such:
(a) HDB resale: You may dispose off your private property after key collection of your HDB flat. But you have get it done within 6 months.
(b) BTO: You may only apply for BTO after dispose off your private property for 30 months.

I believed you understand the reasons behind the above conditions for different public housing.

Hope the above answer to 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
90110636
ling.ck7@gmail.com

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Daniel Ho
To buy a HDB (resale or BTO), the buyer must fall into one of the bucket Eligibility Schemes and meet the applicable criteria.
One of the requirements for buying a resale HDB is that there is no concurrent ownership of a private property. If there is, then that private property must be sold within 6mths of buying the HDB. This is a general guide. There might be other conditions or possibly waivers that may apply from case to case.

Feel free to contact me if you have more questions.

Regards

Daniel Ho
OrangeTee Real Estate
wa.me/+6593868788
93868788