AskGuru Q&A Community

Good morning buyer,

Do take note that one can only enjoy subsidy once. Thus if you have enjoyed housing grant before (subsidised unit), you have to pay resale levy (depending you are on old or current scheme) to enjoy another subsidised unit (BTO or EC).

Another thing to take note that you can only apply for either one after you observe 30 months waiting period from the completion date of your current private condo sale.

Info on the 30 months waiting period: http://www.hdb.gov.sg/cs/infoweb/residential/buying-a-flat/new/hdb-flat

Info on resale levy: http://www.hdb.gov.sg/cs/infoweb/residential/selling-a-flat/additional-information

Btw care to share why are you choosing new BTO or EC?

And if you are not willing to wait that long, probably you have to go for resale units.

Hope my explanation helps!

If you need any assistance or advice in your property purchase, feel free to contact me. Cheers!

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Vice President (Agency)
R043025D
Property Avenue Pte Ltd
Estate Agent no. L3010650D
Blk 420 North Bridge Road #03-30 North Bridge Centre S188727

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

Hi,

Yes you can still get EC or BTO, but a resale levy is payable since you have enjoyed subsidized housing once. Also, since you currently own a private condo, you need to wait out 30 months after selling condo, before you can apply EC or BTO again. If you go for resale or brand new private condo, you don't need to wait 30months at all. Thanks and hope to understand your requirements further so to value-add.

Warm regards
Ivan ERA
 97432395 
Ivanng10@gmail.com
Website: http://www.ivanng10.com/#!reviews/c11r1
(Client's Testimonials) Read More

Morning,

As you are the current owner of private property, you will need to wait out for 30 months, after sales of your private property, before you are eligible for the new EC or BTO.
You will also be liable for resale levy based on your first subsidized unit sizing. If you are taking HDB loan, you will need to prepare 50% cash of the sales proceed on your first subsidized unit.

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

Good afternoon buyer,

Sincerest apologies for the late reply as Propertyguru doesnt prompt me when there's a reply to my post.

Yes you are right. You wont have to pay resale levy if you are purchasing a resale HDB without housing grant.

Feel free to contact me via email or mobile if you have any other doubts. Cheers.

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Vice President (Agency)
R043025D
Property Avenue Pte Ltd
Estate Agent no. L3010650D
Blk 420 North Bridge Road #03-30 North Bridge Centre S188727

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

Dear sir/madam,

I believe you have gotten your answer, however, I would like to stress that this is the current regulations and does not necessary apply 3 years later, therefore it is important to keep yourself updated when you are ready for the move.

Visit and Like my facebook page at https://www.facebook.com/propertyblogshop/

New Singapore Expatriates on facebook is up and running. Come join us at https://www.facebook.com/groups/newsgexpats/

My self introductory video on https://youtu.be/6UfrCOCB6Mg

Regards,

Geryl LIM
Real Estate Director
Global Alliance - Masters Of Real Estate
M.O.R.E Property Pte Ltd (L3010548F)
CEA Reg R014783H
Mobile: +65-81577565  /+65-92787772
Email: geryl7772@gmail.com

G.A Landed Dynamic Alliance
Home of *7772 Hotline
Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now! Read More

Hi,

Re: Our Preferred Experienced SG Realtor

No resale levy. You will not be eligible for any grants upon you sell your private condo n buy HDB resale that all.

We are contactable at 92222389  or onassis@sgrealtor.com.

In all Areas of Singapore. Sale/Buy/Lease/Rent, Please call and/or drop me an email me. I’m always at your Services.

Onassis Gan | R021244C | CES Certified SG Realtor l SGRealtor.com
EXPERIENCED. PROACTIVE. SINCERITY. FEEDBACK
ACTA (Full); PDCE (Singapore); MSc BIT(Middlesex); BBA (South Australia)

Featured Realtor Services recognition by SGReview.com and SGBride.com

Singapore Line : (+65) 92222389 
Malaysia Line: (+60) 111-0788889
Email: onassis@sgrealtor.com
Skype: incomecare

Our Clients' Success Is Our Success
“Clients’ always at ease putting their properties with us”

Our SG Realtor Services Youtube
Residential- https://www.youtube.com/watch?v=3kI2tBtopuM
Commercial- https://www.youtube.com/watch?v=ELAXddJ6nEk

Daring to invest on SG branding portals give us an edge advantages in reaching out to consumers'.

Upcoming 2016, we are in the progress to create property portals to serve our SG clients better.

www.Listing.sg – SG Properties Listings
www.CommercialSingapore.com – Commercial Listings
www.SGHouses.com – Residential Listings
www.Showsuite.com – SG Developer Projects Listings

SG Commercial Websites
www.SGCBD.com
www.CBDSingapore.com
www.SingaporeCBD.com
www.SgOfficeRental.com
www.SgShophouse.com

SG Landed Houses Websites – www.LandedGroup.com
www.SGGCB.com
www.SGBungalow.com
www.SGDetached.com
www.SGSemiD.com
www.SGTerrace.com
www.SGCluster.com

SG Districts Websites
www.BukitTimah.com.sg
www.Holland.com.sg
www.MarineParade.com.sg
www.sentosaisland.com.sg

Overseas Website
www.NewLaunch.my - Malaysia
www.PropertyPh.com - Philippines
www.VNProperty.com - Vietnam Read More

Hi,
Levy apply if you purchase new EC or HDB. Since you own a private condo, even after you disposed you condo, have to wait for 30 months before you could purchase a new EC.
But purchasing a resale hdb flat will not incurred any levy. Once the processing is completed, you can move in immediately, no waiting is required.

To assist and advise you more in details, kindly drop me an email for me to share.

I am contactable at my mobile or email.

CK Ang
 9046 3808 
res.ckang@gmail.com Read More