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

Anonymous

12 Sep 2019

Property

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.

Discussion (1)

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Loh Tat Tian

12 Sep 2019

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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