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Local 44 yr old single Singaporean planning to apply 2BR Short Lease Flexi when I reach 55 years old. However my agent advised me to apply before 55 so as to obtain more grants eg first time grant. I do have a private property which I plan to sell off. If I apply before 55, I have to wait 30mths before I can apply BTO and only non-mature estate versus after 55, I can dispose within six months from the date taking possession of the new flat. and in mature estate. Seems like it is better to apply from 55 yrs with these cons. Am I right?
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2 Answers

Diane Ong 王慧芳
Hi,
I may need some info from you. Do reach out too me at 8866 7000  for a non-obligatory discussion.

Regards Read More
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At 55 if you are planning to still use your CPF funds for the 2BR flexi, you might have lesser to use. Majority will be used for your RA account.
If you're buying cash, then no problem.

You can also explore buying 2 room resale before 55. It your CPF is able to pay all, then your cash proceeds is untouched.
You win time and don't have to do 30 months waiting time.

Either option, do the calculation for money vs time.
See which one will be better for your situation..
Hope this helps !

- Hakim Realtor
property@hakim.sg
 9144 9841  Read More
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