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Old 26-07-2018, 02:50 PM   #2892
LynR52
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Join Date: May 2018
Posts: 158
current situation will benefit those who bought HDB flat 10 years ago. Punggol 4 room was about 170k. Current price around 380k. Same area. Buy back resale flats which they don't need to pay levy. Cos new flat 4 room in Punggol also around 300K and above for now.
If you sell ur house and got a cash profit more worse😂. Hdb will ask u to pay for ur current balance purchased price in cash.

Like mine example... i sold my resale flat and got 60k cash 10yrs ago. Now i want to buy this sbf right...the unit cost me 184k. Both our cpf is 150k. Balance 34k, i cant use HLE to pay. They want me to pay it in cash even tho i got 218k HLE amount. On top of 34k...my levy is 20k. So in short they want 54k cash frm me. Thats why im appealling to let me use my HLE to pay for my balance right now.
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