2 Room Flexi Resale Flat

If you are aged 55 and above you can take up a lease of between 15 and 45 years in 5 year increments as long as it covers you and your spouse up to the age.

2 room flexi resale flat.

It goes without saying that the shorter the lease the cheaper the flat would be. When the scheme was announced hdb gave as an illustration possible price differences for a two room flexi flat a unit could cost around 110 000 for a 99 year lease and 62 800 for a 40 year. Key points to note for 2 room flexi scheme 3. You may apply for a short lease 2 room flat if you have not bought a studio apartment or short lease 2 room flat previously.

You will have to pay a resale levy adjusted from 30 000 based on the lease of the 2 room flexi flat. Hdb bto 2 room flexi flats are more affordable but restricted in size. Under the 2 room flexi scheme elderly citizens have the flexibility of choosing the length of lease on their 2 room flat based on their age needs and preferences. Actual selling price of individual flats will vary based on location and other attributes.

Looking to buy 2 rooms hdb flat in singapore. Starting prices of short lease 2 room flexi flats are based on 40 year lease. However unmarried individuals are restricted to 2 room flexi units only even if there are multiple co applicants. For short lease 2 room flexi flats the selling prices of the flats will be discounted from the price in which hdb is selling the standard 99 year lease 2 room flats at.

Eligibility conditions 3 1 citizenship 3 2 age 3 3 marital status 3 4 income ceiling 3 5 financing for applicants who are buying a 99 year lease 2 room flexi flat only 3 6 ownership interest in property 3 7 additional amount payable 3 8 payment of premium or levy 3 9 wait out period 4. The biggest advantage of getting a bto flat is a financial one btos are priced significantly cheaper than those on the resale market.