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Dear sir/mdm,

You will be unable to purchase a private property under your name in this scenario since you form a family nucleus with your partner in the BTO application and will be an essential occupier.

Since you are eligible to purchase for a private residential home, why are you looking at going for BTO, given that the mid to long term prospects of owning a private property should be more attractive than a HDB, where you will be lock up for a period of 5 years. Also should you purchase a private residential home as a married couple, there is no additional buyer's stamp duty applicable since it will be your first matrimonial home.

I assume that you are making this purchase more as a family home than an investment asset, therefore the holding period can range from 5 to 10 years before reassessing your options ahead? Let's discuss more on your family plans such that you can make the most informed decision.

I have been in the real estate business since 2009, with more than 10years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

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Warmest regards,
Geryl Lim
Associate Deputy Group Director
Salesperson Registration No. R014783H
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
[main] +65 6471 8888  [mob] +65 81577565  [LDA] +65 92787772 
www.geryllim.com
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Hi, I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Hope to hear from you soon and have a great week ahead. It makes more sense for both of you to purchase a private property as compared to a BTO as there isn’t a need for you to pay ABSD given that it’s a first property and a matrimonial home. Also, you will not be lock up for 5 years (MOP).

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Hi,

You are free to purchase a private residential property anytime, but once you purchased, you will not be eligible to apply for a BTO until you have sold off your private residential property and then wait out for another 30 months before you are eligible to apply for a BTO again.

You could still apply for BTO should you purchase a non-residential private property for your own use though.

Should you wish to own 2 properties within the next 5-8 years (MOP period + waiting time for BTO), I do have a suggestion for you to consider.

I am experienced and well-versed in both private and HDB resale transactions. I will be able to assist you in your housing plans.

Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More