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Hi Mr Lim,

Have you take up CPF housing grant when you bought your resale flat in 2002?

If yes, you wont be eligible for a BTO.

Why?

One can only enjoy subsidised flats twice.

If you didn't enjoy CPF housing grant when you purchased your resale flat, you will need to be subject to 25% (based on resale price or 90% of market valuation, whichever is higher)

Without incurring resale levy, you might want to purchase an EC or private property.

Hope it helps!

Cheers..

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Senior District Manager
R043025D
ECG Property Pte Ltd
(A Wholly Owned Subsidiary of ECG Group of Companies)
Estate Agent no. L3009759F
Blk 190 Lorong 6 Toa Payoh #05-508 S (310190)

(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W): www.yttan.com
(W): yttan.stproperty.com.sg/
(W) www.lovelyhomes.com.sg
(W) www.ecgproperty.com Read More

Evening Mr. Lim,

Since your subsidized unit have being sold in 1997, you will be liable liable for 25% levy payable, based on the selling price of your 5 room flat. If you are keen to get another HDB unit without incurring levy, I'm afraid you only option is EC.

FYI
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More