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Hi,

I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead. By the way, yes you be considered as a 1st timer for your next purchase.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Good afternoon Sir/ Mdm,

you will be considered as first timer as long as you never pay for your existing house (Of course mah, you inherited).

As BTO is considered a subsidised flat, you are still eligible for enhanced housing grant (EHG) if you meet the eligibility conditions.

https://www.hdb.gov.sg/residential/buying-a-flat/new/schemes-and-grants/cpf-housing-grants-for-hdb-flats/firsttimer-applicants

Hope my sharing helps in aiding in your enquiry. May I know how can I value add further in your property needs?

Best regards,

YT Tan
Property Kaki
You dream. I create. We make it happen!
Association of Chartered Certified Accountants Graduate
Singapore Accredited Mortgage Planner

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Hi,

1) You are considered a 1st timer thus enjoy the priority to get a BTO/SBF. Meaning the chances of being chosen in balloting is higher than 2nd timer.
2) BTO/SBF is considered subsidized compared to the resale HDB flat. Although you might feel that the BTO is also very expensive.
3) But when you compare them side-by-side, a 99 yrs old lease BTO/SBF is selling at the same price as a resale flat which left the remaining lease of 70~80 yrs is considered cheaper.
4) The additional grants available for BTO/SBF are EHG & SHG up to $80k & if you are eligible for it:
https://www.hdb.gov.sg/cs/infoweb/residential/buying-a-flat/new/schemes-and-grants/cpf-housing-grants-for-hdb-flats/firsttimer-applicants

Hope the above answer your main concerns, but if there are more query, 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
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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