Tips & Tricks to HDB Upgrading

Tips & Tricks to HDB Upgrading Hi. I'm Darren Chua from Huttons Asia Pte Ltd. I have been in this industry since year 2008.

๐—Ÿ๐—”๐—ง๐—˜๐—ฆ๐—ง ๐—–๐—ผ๐—ผ๐—น๐—ถ๐—ป๐—ด ๐— ๐—ฒ๐—ฎ๐˜€๐˜‚๐—ฟ๐—ฒ๐˜€:Budget 2023: Singapore to raise Buyerโ€™s Stamp Duty for property purchases from Feb 15
14/02/2023

๐—Ÿ๐—”๐—ง๐—˜๐—ฆ๐—ง ๐—–๐—ผ๐—ผ๐—น๐—ถ๐—ป๐—ด ๐— ๐—ฒ๐—ฎ๐˜€๐˜‚๐—ฟ๐—ฒ๐˜€:

Budget 2023: Singapore to raise Buyerโ€™s Stamp Duty for property purchases from Feb 15

The Central Provident Fund (CPF) monthly salary ceiling will be raised in stages to $8,000 by 2026 so that it keeps pace...
14/02/2023

The Central Provident Fund (CPF) monthly salary ceiling will be raised in stages to $8,000 by 2026 so that it keeps pace with rising salaries and helps middle-income Singaporeans save more for their retirement.

The CPF monthly salary ceiling caps the quantum of ordinary wages that would attract CPF contributions, and is currently set at $6,000.

Budget 2023: More help for first time resale buyer The increased grant will automatically apply to eligible and complete...
14/02/2023

Budget 2023: More help for first time resale buyer

The increased grant will automatically apply to eligible and completed resale flat applications received by HDB on or after 1st April 2023

CPF Contributions for Year 2023. Only CPF in OA can be used to service monthly mortgage loan.
30/12/2022

CPF Contributions for Year 2023. Only CPF in OA can be used to service monthly mortgage loan.

Resale LevyWhy do second-timers pay a resale levy?Singapore citizens enjoy a significant housing subsidy when they buy a...
29/12/2022

Resale Levy

Why do second-timers pay a resale levy?
Singapore citizens enjoy a significant housing subsidy when they buy a new flat from HDB or a resale flat from the open market with a CPF housing grant.

While eligible second-timers can still purchase a flat directly from HDB, they will have to pay a resale levy. The resale levy is intended to reduce the subsidy that a buyer receives on their second subsidised HDB flat and ensures a fair distribution of subsidies between first-timers and second-timers. In short, more subsidies would be prioritised to the first-timer.

If you do not buy a second subsidised flat from HDB, there is no need to pay a resale levy.

Additional Buyer Stamp Duty (ABSD) guide for property buyer
29/12/2022

Additional Buyer Stamp Duty (ABSD) guide for property buyer

By failing to plan, you are preparing to fail.Reach out to me for a non obligation discussion.https://wa.me/+6591918393
28/12/2022

By failing to plan, you are preparing to fail.

Reach out to me for a non obligation discussion.

https://wa.me/+6591918393

As of 30 Sep:- The max loan limits for housing loans have been tightened- Private residential property owners will need ...
28/12/2022

As of 30 Sep:
- The max loan limits for housing loans have been tightened
- Private residential property owners will need to wait out 15 months before they can buy a non-subsidized resale flat

Still unsure? Check out below FAQs

Procedures for Sale and Purchase of Flat
28/12/2022

Procedures for Sale and Purchase of Flat

Procedures for Sale of Flat
28/12/2022

Procedures for Sale of Flat

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3 Bishan Place #05-01 CPF Bishan Building
Singapore
579838

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+6591918393

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