4 Answers

Geryl Lim
Replied
Dear owner,

Based on your conversation, I'd assume that you have utilised your housing grant when you purchase your unit, therefore if you sell your existing unit and buy any subsidised HDB unit, you will be required to pay the resale levy.

If possible,let me work out your sums based on your sale and planned purchase to understand better on your situation.

Regards,
Geryl LIM
Real Estate Consultant
CEa Reg R014783H
Mobile: +65-81577565 
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William Koh
Replied
Hi Owner,

If you are going to a New DBSS, you are not require to pay the resale levy. But if it's a new HDB flat direct from HDB, yes, you do require to pay levy.

Cheers,
William Koh
 9027 1972 
willkck@gmail.com
www.GuruSg.com
williamkoh.st701property.com
www.myBishanCentralCondo.com
www.myBedokResidences.com
www.ArcAtTampinesEC.com
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Ander Ang
Replied
Hi,

For high floor 4rm flat at Toh Guan, you should be able to fetch >$500k based on recent prices.

Pls call me at 96836230  should you need to engage an agent.

Thanks.
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Mike Lim
Replied
Evening,

The current estimated valuation for your unit is around $410k, with COV asking of around $40k to $50k. The actual selling price would depend on your unit's facing, condition and which side of Toh Guan your unit is located.
Sounds like you have purchase this unit with $40k grant, hence I would assume you have fulfilled your MOP of 5 years.
To purchase new BTO or DBSS would be dependent on your income status and how much loan you can take. Thus it would be prudent to work such sums out with an experienced saleperson.

Do feel free to give me a ring if you require further assistance. I stay near by along Jurong East Street 21, so I'm just a few Blocks away.

Regards
Mike Lim
 96929209 
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