AskGuru Q&A Community

Morning,

1) Since you are SC hence your spouse do not need to fulfill 3 years SPR to purchase resale HDB unit
2) Before you opt to sell away your private property, you will need to note your date of purchase of the private property to avoid SSD. If you are not taking HDB loan or grant, you will be immediately eligible to purchase resale HDB unit with bank loan.
3) If you are looking to obtain housing grant and HDB loan, you will need to wait for 30 months. You will also need to fulfill the income ceiling requirement.
4) As per my response in question 2, you will need to note the date of purchase of your private property to avoid SSD.
5) If you are taking bank loan, there will not be any income ceiling to look into.

Do feel free to contact me for further discussion.

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

Hi.
You are allowed to buy a resale hdb after selling off your condo. Do contact me at 91442664  for further discussion in details.
Tricia Tan propnex 91442664  Read More

Good Day to you,

To help with your queries, since one of you is a Singapore Citizen, you are eligible to purchase a resale HDB flat.

In regards to your condominium, if it was purchased on or after 14 January 2011, seller stamp duty will be applicable if the property is sold within 4 years of purchase.

If you are planning to sell your condo and apply for CPF Housing Grant and take a HDB loan, you will need to wait 30 months before you will be eligible to buy a HDB Resale Flat.

If you are not planning to take a HDB loan / apply for CPF housing grant, you will be eligible to buy a HDB resale flat after selling your condo.

Also, there is no cap to be able to buy a HDB Flat if you are not planning to apply for HDB loan / CPF Housing Grant.

Best Regards,

Tan Han Wei, Leonard
ERA Realty Network Pte Ltd
www.leonardtan-property.com
leonardtanhw@gmail.com
 9150 1162  Read More