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Hi,

Did he take any grant while purchasing the resale? If so, that will be considered one subsidy taken. The idea is each Singaporean household can only purchase subsidized housing twice (BTO / sbf / resale with grant) in lifetime. Also this 2nd subsidized housing purchase means a resale levy will apply.

Depending on the sale & purchase of both transactions, it may be possible to use the sale proceeds and your cpf. May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,
Ivan Ng Realtor ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

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-- HDB BTO 4rm Sellers Mr. Farvin & Ms. Sel --

Ivan was the first agent that we met up with and right from the offset we had good vibes as he has a friendly personal approach, detailed working style and focuses on building the long-term relationship.

Our unit comes with its challenges but Ivan remained positive and had no qualms committing to our plans right from the start. It took only 6 weeks of aggressive marketing for him to secure a good offer which was a pleasant surprise in the end.

Ivan was always responsive and we had no worries to pass him the house keys. The whole process was transparent and hassle free, and he was always thinking from our point of view on how to make life easier for the client. He is a committed professional and has fast execution, so we felt assured that things are done well and we can entrust the sale process entirely to him.

--- HDB Flat Upgraders Mr. & Mrs. Lee ---

We decided to engage Ivan as our agent as we were impressed with how he answered the enquiries on property guru website.

He has helped us to find our ideal unit and also sold our current unit. He was very patient and never pushy when we were looking for our ideal unit. He would tell us that it is always important to find a unit that we really liked.

When it comes to selling of our unit, he was always prompt in arranging for viewings and he also tried his best to arrange and consolidate the viewings due to our time constraints. He is a reliable and prompt agent and is always willing to clarify any concerns and questions that we have.

Thanks Ivan! :)

-- HDB 5-rm Sellers Mr. & Mrs. Ting --

We have engaged the services of Ivan Ng for sale of our property at Pandan Gardens. He is professional and systematic in his marketing approach.

He is hardworking and committed to his work. He puts in great efforts in arranging clients for viewings and kept us updated thereafter. He is ever ready to help and guide us whenever the need arises.

He provided us with sound and useful advice as well as closely follow through from the start till the smooth sale of the property within a short period of time.

Thanks, Ivan. Keep up the good work! Read More

Hi,

1) 3 resales HDB, you have to check with him whether did he apply for grant for any of these purchase.
2) No grant, meaning both are eligible for BTO/SBF, and no resale levy.
3) Buying resale has no resale levy.
4) Purchase from HDB also involve some cash such as Option fee; few thousand, you may check with HDB to determine the amount.
5) Option fee is non-refundable upon backing out from flat selection.
6) Option fee will refund if you have sufficient amount in CPF OA to replace.
7) Other fee such as legal fee, stamp duty can use CPF to pay if there are sufficient amount in CPF OA.

You may contact HDB for other info:

Sales/ Resale Customer Service Line: 1800-866-3066 (weekdays: 8:00am to 5:00pm, off-peak period: Tuesdays to Fridays, 8:00am to 10:00am)
View the Interactive Voice Response Options
Email:
For sales related matters: hdbsales@mailbox.hdb.gov.sg
For resale related matters: hdbresale@mailbox.hdb.gov.sg

You may bring your father along to visit them in person to understand all details if the explanation above is insufficient to answer all your question:
HDB Hub
480 Lorong 6 Toa Payoh
Atrium 1st Storey
Singapore 310480

There is an e-Appointment advance booking before you go to HDB; use the url (copy & paste onto internet explorer) below to access to the e-Appointment booking.
https://www.hdb.gov.sg/cs/infoweb/contact-us

Hope the above answer to your main concerns, but if there are more queries, do not hesitate and 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

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Dear sir/madam,

Eligibility to purchase BTO/SBF will depends on the history of your dad's purchase for last 3 occasion. Should he already have taken housing grant for 2 of his previous purchases, you will be ineligible to purchase a BTO/SBF unit. Should he have taken only once, then resale levy is applicable.

Hope the above helps!

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Geryl LIM
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Global Alliance Property (L3010679B) - Century 21
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Dear Sir/Mdm,

If your dad has previously bought 3 resale flats before, he may have enjoyed the housing grant before. You may want to check with HDB directly to see if he is still eligible to apply for BTO or Sale of Balance Flat.

Resale levy of $30,000 is only applicable if you were to purchase BTO or Sale of Balance flat. For purchase of resale flat, there is no need to pay resale levy.

As for the sale and purchase process, we can time it such as you can reuse the CPF and sales proceed from your current place so that you can minimize the cash outlay.

Please feel free to contact me so that I can understand your situation better and come up with a timeline for you!

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS) / Cert-in-REA
(E) nick96444854@gmail.com
Visit my website to know me better: www.nicktan.com.sg
I was featured recently on Council for Estate Agencies (CEA) Newsletter:
https://www.cea.gov.sg/docs/default-source/module/newsletter/3-2017/bouquets-for-property-agents.html

Testimonial from Satisfied Clients
“I would like to recommend Nick Tan from SRI. Before we engaged Nick, we were working with another agent from a very popular property agency in February 2017. We decided to terminate the contract after 5 weeks of zero viewings and no paper advertisements. Basically he was just waiting for phone calls. We engaged Nick on 20th April and by 10th of May, our unit was sold off. Why Nick? 1. He has good marketing strategies 2. He always kept us posted on what he did (communications!) 3. He made sure we understand the current market situation but he will consistently reassure us that the unit can be sold off 4. He is not greedy and trusting 5. He walks the talk”

Peter & Wendy (Property Seller)

I write to commend Nick Tan (R040814C). When my husband and I first met Nick, we were impressed by his drive, commitment, business acumen and strategical thinking, and decided to engage him. We were not disappointed. Nick sourced for prospective quality buyers in a targeted methodical fashion and was effective in connecting us with serious buyers, notwithstanding the fact that the search primarily took place over Dec – Feb (a traditional lull period). Throughout the transaction, he also gave us helpful advice in various aspects; the advice reflected his personal experience and expertise and was not simply regurgitated from public sources without any value-add. Further, Nick went beyond the call of duty of a competent professional. He had a sense of humanity in the way he interacted with myself and the other parties to the transaction such as my parents. As an example, my newborn daughter was warded into A&E on the completion date of the transaction; the care and concern that Nick showed went beyond the scope of work of an estate agent. I commend Nick for his capabilities and character, and would certainly wish to engage him for future property transactions.

Weilun & Benita (Property Seller)

“We are very grateful to Nick for his extensive marketing efforts. With his comprehensive marketing plan, he helped us to achieve a record selling price within 2 weeks of listing our property for sale! We highly recommend his service to anyone who is keen to sell their properties.”
Mr & Mrs Wong (Property Seller)

“Nick has conducted himself ethically and professionally when handling the sales of our property. Thanks to his patience and perseverance, we managed to secure a sales price beyond our expectations.
We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
Mr & Mrs Tan (Seller of Inter-Terrace House) Read More