Hi,
1) If you and your spouse are aged 55 and above, have sold your first subsidized flat before 3 March 2006 and right-size to a new 3-room or smaller flat from the November 2015 sales launch onwards, you will pay only the percentage graded resale levy, with the interest waived.
2) The resale levy payable is also subject to a minimum amount of the following:
(a) $15,000 for 2-room,
(b) $30,000 for 3-room,
(c) $40,000 for 4-room,
(d) $45,000 for 5-room, and
(e) $50,000 for Executive flat sold.
3) These are the same resale levy amounts payable by second-timers who sold their first subsidized flat on or after 3 March 2006.
Hope the above answer to 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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