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My neighbour is the first owner of a 4A HDB bought directly from HDB at about $100,000.He claims if he were to sell his flat at current market price of about $400,000 he'll be liable to pay the government levy of $100,000(25% of sale proceeds of $400,000).Is this true?
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2 Answers

Geryl Lim
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Silvia Yang
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Hi Sir/Madam

Are you looking to sell/buy or rent out your property?

I will be glad to assist
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Thank you.

Warmest regards,

Silvia Yang

Senior Marketing Director
ERA Realty Network Pte Ltd
Mobile: (65) 9 6 6 0 8 5 0 8
Email: Silviayang8@gmail.com Read More
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