Yes when applying for your BTO, resale levy of 40K will apply for your 4-room resale flat as you can only get 1 subsidy from HDB. May I have the opportunity to work with your housing requirements? will be glad to discuss further. Thanks.
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Yes you are subject to resale levy and it is based to your current flat model. 4RM - $40,000.
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You would be liable for levy.
Please feel free to contact me at 96659926 for a non obligatory discussion for me to better understand your requirements and specifications to be in a better position to advise you further in the most detailed and thorough manner, for further assistance.
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Thanks for posting in Propertyguru.
Resale levy is applicable when we purchase our 2nd subsidised flat. Flats purchased from the resale market with CPF grants and BTOs are considered subsidised flats.
So when you bought your first flat from the resale market with a CPF grant, that was considered your first subsidised flat. Hence now if you want to apply for BTO, then that will be your 2nd subsidised flat and you will need to pay resale levy. The resale levy for your 4 room flat will be $40,000.
If you need any more advice or you have any more questions please just feel free to drop me an email or give me a call. And I can see what I can advise you. No worries we can just take it as a chat. No obligations at all.
Looking forward to hear from you soon! Cheers!
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