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Depend on when the 1st subsidised flat was sold, the $45k is applicable and shared between you and your mum (50/50). Also, you will be considered as a 2nd timer for the next BTO application with your husband. Read More

Hi,

The resale levy also depends on when you sold the first BTO. If its after March 2006, yes resale levy is $40k for 4-room, and both you and your mum will pay $20k each.

Yes if you happen to get married within MOP period, you cannot purchase another HDB until after the 5 years has passed.

Hope the above clarifies. May I have more info and requirements about your plans so as to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,

Ivan Ng Realtor
ERA Senior Marketing Director
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-- HDB Yishun BTO 5-RM Sellers, Private Property Upgraders Mr. & Mrs. Koh --

I would like to express my appreciation to Ivan Ng for his excellent work. Ivan is a dedicated, client-focused, patient and sincere agent. Throughout the whole process of selling and looking for our next property, he has always acted very professionally that makes my wife and I feel at ease and assured. Ivan is not a pushy and hard sales agent. Ivan listens and understands our needs and carefully guided us through. We are fortunate to have Ivan as our agent. Thank you Ivan.

-- HDB Jurong West 5-RM Sellers, Exec Apartment Purchasers, Lenz & Michelle --

We would like to thank you for ensuring a smooth and well-explained process throughout the whole selling and buying of our property. We got to know you thru Property Guru, where we are scouting for condo around West area. We remember that we are quite tight in our budget in purchasing the condo unit,but you are still very willingly explaining and calculating our financial liabilities. You are always having your smiles whenever we met for discussion.

We appreciated your process of selling and buying of our property are very systematically and well executed, from financial calculation to the purchase procedure of our new house. We are always being updated thru our group chat during the engagement of your service.

We would never expect such a smooth sailing experience of selling and buying of property. Your professionalism in work will definitely be remembered and rewarded. All the best in your property venture! Read More

Hi,

1) You have to confirm when you sold your 1st BTO.
2) If you sold before 3rd March 2006, the resale levy amount will be based on a certain percentage of the resale price of the sold flat, or 90% of its market valuation whichever was higher. An interest at a prevailing rate of 5% per annum is chargeable.
3) If you sold on or after 3rd March 2006 then it will be at the rate you mentioned in your illustration.
4) If the BTO bought was a 5-rm BTO then the resale levy shall be $45k.
5) Since it is under joint tenancy (50/50) when you and your mum married and apply BTO separately, each of you will only need to pay the resale levy in half; $22.5k each.
6) You can pay your resale levy after selling your current flat in case you do not have this sum lying around.
7) But of course you will not be able to collect keys for your BTO without paying the resale levy.
8) You also cannot apply for a BTO before the current flat meets its MOP.
9) It is also correct that you are not allowed to sell your current flat or your share without meeting the MOP.

Please give me a thumbs-up if the answer provided is relevant to your main concern. Thanks!!!

Hope the above answer 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
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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