You can still buy a BTO if you can satisfy the criteria ie you can form a family nucleus and your combined household income is less than 12k.
However, do note that if you have applied for CPF housing grant previously, you will need to pay a resale levy when you purchase a BTO.
Please feel free to contact me so that I can understand your situation better and provide you with further assistance.
(M) +65 9644 4854
B.Eng(Chemical)(Hons)(NUS) / Cert-in-REA
Visit my website to get to know me better:
I was featured recently on Council for Estate Agencies (CEA) Newsletter:
Testimonial from Satisfied Clients
“I would like to recommend Nick Tan from SRI. Before we engaged Nick, we were working with another agent from a very popular property agency in February 2017. We decided to terminate the contract after 5 weeks of zero viewings and no paper advertisements. Basically he was just waiting for phone calls. We engaged Nick on 20th April and by 10th of May, our unit was sold off. Why Nick? 1. He has good marketing strategies 2. He always kept us posted on what he did (communications!) 3. He made sure we understand the current market situation but he will consistently reassure us that the unit can be sold off 4. He is not greedy and trusting 5. He walks the talk”
Peter & Wendy (Property Seller)
I write to commend Nick Tan (R040814C). When my husband and I first met Nick, we were impressed by his drive, commitment, business acumen and strategical thinking, and decided to engage him. We were not disappointed. Nick sourced for prospective quality buyers in a targeted methodical fashion and was effective in connecting us with serious buyers, notwithstanding the fact that the search primarily took place over Dec – Feb (a traditional lull period). Throughout the transaction, he also gave us helpful advice in various aspects; the advice reflected his personal experience and expertise and was not simply regurgitated from public sources without any value-add. Further, Nick went beyond the call of duty of a competent professional. He had a sense of humanity in the way he interacted with myself and the other parties to the transaction such as my parents. As an example, my newborn daughter was warded into A&E on the completion date of the transaction; the care and concern that Nick showed went beyond the scope of work of an estate agent. I commend Nick for his capabilities and character, and would certainly wish to engage him for future property transactions.
Weilun & Benita (Property Seller)
“We are very grateful to Nick for his extensive marketing efforts. With his comprehensive marketing plan, he helped us to achieve a record selling price within 2 weeks of listing our property for sale! We highly recommend his service to anyone who is keen to sell their properties.”
Mr & Mrs Wong (Property Seller)
“Nick has conducted himself ethically and professionally when handling the sales of our property. Thanks to his patience and perseverance, we managed to secure a sales price beyond our expectations. We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
Mr & Mrs Tan (Seller of Inter-Terrace House)
“Nick provides a delightful customer experience from day one when I engage him as my agent to look for a flat of my choice to the completion of the deal. He is competent, resourceful and has a pleasant manner to work with. He is the Agent of my choice in dealing with properties and I would highly recommend him to others who would appreciate an agent that takes care and can give the customer a peaceful mind.”
Susana (Buyer) Read More
Yes you still can purchase the BTO, but there are condition to match. Please drop me an email for me to share more.
To assist and advise you more in details, kindly drop me an email for me to share.
I am contactable at my mobile or email.
firstname.lastname@example.org Read More
It depends on the number of times you had "enjoyed subsidy". If you had not applied for a BTO before, but you had taken the CPF housing grant for your current flat, you may apply for the BTO as a "second-timer".
Do take note that you will first need to serve the 5-year MOP before you are eligible to apply for a BTO. You will also need to pay a resale levy (from $30-50k, depending on your flat size) in CASH, upon the sale of your current HDB flat.
I am experienced and well-versed in both private and HDB resale transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.
Should you need require 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 in the current market.
PropNex Realty Read More
you are eligible to apply for BTO if this purchase will be your second subidised flat (only own either a resale flat with housing grant or BTO once).
But do take note resale levy will be applicable and based on the first subsidised flat type if applicable (for example, $40k for 4rm; $45k for 5rm etc).
Other conditions will be:
1) fulfilled mop for existing HDB
2) eligible under any of the HDB eligibility schemes for BTO purchase
3) income ceiling is up to $12k max
Hope my sharing aids in clearing your doubts. May I know how can I value add further in your property needs?
"Your Freehold Ally, Leasehold Tactician"
YT TAN 陈永达 | ACCA Graduate, RES
Propnex Realty Pte Ltd
(M): +65 9111 5171
Creative marketing (copy and paste URL) :
Propnex Annual Convention 2019 - Top 3% individual producers
3rd Quarter 2018 - Top 2% individual producers
July 2018 - Top 1% individual producers
2nd Quarter 2018 - Top 3% individual producers
1st Quarter 2018 - Top 3% individual producers
Find out your property value for FREE on a monthly basis. Simply sign up by clicking the link below:
http://bit.ly/yt_proptrack Read More