August 16, 2022

Ang Mo Kio SERS: Go for the replacement site or ballot for the Ang Mo Kio BTO?

Straits Times and CNA recently reported that those affected by the Ang Mo Kio SERS can get priority if they apply for the Ang Mo Kio BTO in the upcoming August 2022 HDB BTO exercise. BTO priority for residents affected by SERS Besides the Ang Mo Kio BTO site, flat owners affected by the SERS…

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Comment on Is HDB’s Silver Housing Bonus scheme worth considering? by 99.co

In reply to <a href="https://www.99.co/singapore/insider/hdb-silver-housing-bonus-scheme-cpf-retirement/#comment-196377">Ho Mun</a>. Hi Ho Mun, thanks for your comment. Yes, Singapore citizens are eligible to buy a second property while owning an HDB flat at the same time. However, the second property needs to be private property, and the HDB flat must have fulfilled its MOP. After downsizing your existing HDB, there’s a cash bonus incentive of up to S$30,000. Some people may choose to combine the bonus along with the profits from downsizing and buy a second property to generate rental income using their CPF-OA savings, after setting aside the BRS.

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