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Anonymous

12 Sep 2019

What are the pros and cons of getting Sale of Balance flats or resale flats respectively after selling your BTO?

To make a second windfall from the second house as second subsidised flat you’d have to pay a resale levy. Trying to weigh out the pros and cons.

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    What are your thoughts?

    Loh Tat Tian

    Loh Tat Tian

    12 Sep 2019

    Level 11·Founder at PolicyWoke (We Buy Insurance Policies)

    Sales of Balance Flats.
    1) Nearer to key collection (maybe key ready).
    2) price is more costly than BTO (near to resale price).
    3) A resale levy to pay depending on the flat you sold.
    4) longer lease term than Resale.

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