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My wife and I are thinking of buying a resale HDB and a BTO at a later stage.. I heard that once we buy a HDB, we can only sell it after 5 years... I wish to know we can apply for a BTO after buying a resale for 5 years, or we can apply for a BTO before the 5 years is up and purchase it when the 5 years is up?
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Hi Mr Liang, Yes. The Minimum Occupation Period (MOP) is 5 years. To apply BTO, you need to fulfil MOP first before you can apply and subject to income ceiling and so on.... Also, if you receive Grant for buying Resale flat, then there will be Resale Levy imposed when you buy the BTO flat. For assistance, you can reach Joseph: 91007263  Read More
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