AskGuru Q&A Community

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

(1) Reviews and credibility
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Assistance in sourcing resale and new private homes at zero charge, as seller agents commonly share commissions.

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ABLE Toh ( Your TRUSTED Singapore Property Agent/ Consultant)
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Email: Able.selling@gmail.com Read More

(1) Reviews and credibility
Read client reviews for Able S K Toh, Property Agent (Director level), on PropertyGuru:
https://www.propertyguru.com.sg/agent/able-s-k-toh-61591

(2) Direct contact
WhatsApp Able Toh, Property Agent (Director level), at +65 9856 - 9255 or via:
https://wa.me/6598569255

This platform does not support direct messaging.

(3) Property services
Professional support for renting, selling, buying, and property investment in Singapore.

(4) Private home buyers
Assistance in sourcing resale and new private homes at zero charge, as seller agents commonly share commissions.

(5) New launches and developer sales
Access to competitive pricing, no agent fees, and updated brochures, floor plans, and price lists.

ABLE Toh ( Your TRUSTED Singapore Property Agent/ Consultant)
Mobiile : 98 56 92 55
Email: Able.selling@gmail.com Read More

(1) Reviews and credibility
Read client reviews for Able S K Toh, Property Agent (Director level), on PropertyGuru:
https://www.propertyguru.com.sg/agent/able-s-k-toh-61591

(2) Direct contact
WhatsApp Able Toh, Property Agent (Director level), at +65 9856 - 9255 or via:
https://wa.me/6598569255

This platform does not support direct messaging.

(3) Property services
Professional support for renting, selling, buying, and property investment in Singapore.

(4) Private home buyers
Assistance in sourcing resale and new private homes at zero charge, as seller agents commonly share commissions.

(5) New launches and developer sales
Access to competitive pricing, no agent fees, and updated brochures, floor plans, and price lists.

ABLE Toh ( Your TRUSTED Singapore Property Agent/ Consultant)
Mobiile : 98 56 92 55
Email: Able.selling@gmail.com Read More

(1) Reviews and credibility
Read client reviews for Able S K Toh, Property Agent (Director level), on PropertyGuru:
https://www.propertyguru.com.sg/agent/able-s-k-toh-61591

(2) Direct contact
WhatsApp Able Toh, Property Agent (Director level), at +65 9856 - 9255 or via:
https://wa.me/6598569255

This platform does not support direct messaging.

(3) Property services
Professional support for renting, selling, buying, and property investment in Singapore.

(4) Private home buyers
Assistance in sourcing resale and new private homes at zero charge, as seller agents commonly share commissions.

(5) New launches and developer sales
Access to competitive pricing, no agent fees, and updated brochures, floor plans, and price lists.

ABLE Toh ( Your TRUSTED Singapore Property Agent/ Consultant)
Mobiile : 98 56 92 55
Email: Able.selling@gmail.com Read More

(1) Reviews and credibility
Read client reviews for Able S K Toh, Property Agent (Director level), on PropertyGuru:
https://www.propertyguru.com.sg/agent/able-s-k-toh-61591

(2) Direct contact
WhatsApp Able Toh, Property Agent (Director level), at +65 9856 - 9255 or via:
https://wa.me/6598569255

This platform does not support direct messaging.

(3) Property services
Professional support for renting, selling, buying, and property investment in Singapore.

(4) Private home buyers
Assistance in sourcing resale and new private homes at zero charge, as seller agents commonly share commissions.

(5) New launches and developer sales
Access to competitive pricing, no agent fees, and updated brochures, floor plans, and price lists.

ABLE Toh ( Your TRUSTED Singapore Property Agent/ Consultant)
Mobiile : 98 56 92 55
Email: Able.selling@gmail.com Read More