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.
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.
Write your thoughts