2 Answers

Hi,

I assume for the studio you are referring to a private condo. If thats the case, you have to wait out 30 months after selling the condo before you can apply for BTO 2/3rm again. You also have to remove ownership from your HDB 4rm (either by sale or transfer). Is that workable for you?

Otherwise, you might want to consider getting a smaller resale HDB unit. For this approach, you need not wait out 30 months after selling, and will only be required to sell/dispose (your studio and 4rm ownership) within 6 months after key collection to the next resale HDB.

May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

Email: Ivanng10@gmail.com
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--- HDB Flat Sellers Uncle "Seng" and Mdm. Png ---

Translation from Mandarin:

We are from the Pioneer Generation, already in our 70s, and have no experience selling HDB flat. As our new BTO is arriving, we considered selling our flat earlier.

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Thanks Ivan! :) Read More
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Hi Ms,

If you own a private studio apartment, you will not be eligible to apply for a new BTO as you will need to wait out the 30 months period. Grants and loans will depend on your current income as well as your age.

I would recommend that you do some financial planning and also plan out the timeline so that the transition will be smooth as you do not want to go thru the hassle of renting a property during the transition period.

I have assisted many of my clients in a similar situation as you. Please feel free to contact me so that I can understand your situation better and provide you with further assistance!

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
(W) www.nick-tan.com

Testimonial from Satisfied Clients (2015/2016)
“We are very grateful to Nick for his extensive marketing efforts. With his comprehensive marketing plan, he helped us to achieve a record selling price within 2 weeks of listing our property for sale! We highly recommend his service to anyone who is keen to sell their properties.”
Mr & Mrs Wong (Property Seller)

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We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
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