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Alvin Teo
07 Nov 2019
Aviva Relationship Consultant at Aviva Affinity Channel
Yes. But lesser ballot chance, so technically harder to get.
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For a 2nd timer, you will have to pay HDB a certain percentage of your sales proceeds depending on the type of housing you have. I had to pay 20% of my sales proceeds to HDB when we bought a 5 room flat directly from HDB. Regretted it, should have bought a resale flat instead.