Asked by salleh
My current and 1st flat is a 4room flat in tampines bought from the open market at about 230k with housing grant of 40k. If I were to buy a new flat under the BTO scheme will I be liable for the resale levy? If I am does it need to be pay in cash and when does this levy need to be pay?
My only desire to sell a house is because I wish to move in to a new flat and of cause to make some cash along the way. But I do not see how??As where am I going to get 40k cash? I am very comfortable with my 4R flat in Tampines (190k only after grant). Unless someone able to convince me how am I going to profit from selling my house and get the 40K I will not jump to apply for BTO although I would really wishes to get a new flat.
Pls drop me an email for advice.
Salleh
My only desire to sell a house is because I wish to move in to a new flat and of cause to make some cash along the way. But I do not see how??As where am I going to get 40k cash? I am very comfortable with my 4R flat in Tampines (190k only after grant). Unless someone able to convince me how am I going to profit from selling my house and get the 40K I will not jump to apply for BTO although I would really wishes to get a new flat.
Pls drop me an email for advice.
Salleh
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