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November 2017 SBF

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Old 26-07-2018, 10:28 AM   #2881
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I got ask the officer when i collect keys lei.. is it i need vomit back the grant to HDB if i sell house.. she told me not true.. first time sell house no need pay levy one.
I received 20k grant before for my resale unit. Now hv to pay 20k levy in cash lei. So funny right? They give us grant put in cpf...then now asked to pay levy 20k in cash.
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Old 26-07-2018, 10:45 AM   #2882
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I received 20k grant before for my resale unit. Now hv to pay 20k levy in cash lei. So funny right? They give us grant put in cpf...then now asked to pay levy 20k in cash.
Singapore mah. Where got free money. They will always find a way to claw back money from us
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Old 26-07-2018, 10:57 AM   #2883
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Singapore mah. Where got free money. They will always find a way to claw back money from us
Ya lor...i read HDB page...

If you previously bought a new flat from HDB, Design, Build and Sell Scheme (DBSS) flat or Executive Condominium (EC) from a developer, or received a CPF Housing Grant, find out if you need to pay a resale levy when you purchase your next home.

The resale levy maintains a fair allocation of public housing subsidies between first-timers and second-timers by reducing the subsidy enjoyed for the second HDB flat or EC.

Nvr bought new flat from HDB or DBSS or EC before. So basically... i must pay levy bcuz i hv received grant before lor.

Last edited by LynR52; 26-07-2018 at 11:01 AM..
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Old 26-07-2018, 11:30 AM   #2884
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I just check myhdb again and got the grant letter aredi. Now when will get sms for key collection? Can I say I may get appointment within first 2 weeks of August ?😃
I got email instead of sms... Usually sent by your CRM...
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Old 26-07-2018, 11:35 AM   #2885
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I got ask the officer when i collect keys lei.. is it i need vomit back the grant to HDB if i sell house.. she told me not true.. first time sell house no need pay levy one.
Maybe first time sell house no need pay...
But second time BUY house need to pay..

Hahahahaha Singapore leh...
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Old 26-07-2018, 12:51 PM   #2886
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The whole line about grant and stays went magically missing 😱😿
LIke what Amex mentioned, your grant approval letter should be on the way
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Old 26-07-2018, 01:19 PM   #2887
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Maybe first time sell house no need pay...
But second time BUY house need to pay..

Hahahahaha Singapore leh...
from what I know

those who need to pay levy are buyer who apply new flat from HDB and ....

sold your new hdb house be it with grant or not,
sold your resales flat with grant...

For those resales seller who did not take grant from HDB before and did not purchase any new HDB flat before, no need to pay levy when you apply for your new flat.

(** if not wrong ba)
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Old 26-07-2018, 01:22 PM   #2888
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Additional CPF Housing Grant (AHG) Status
Your SHG application is successful. However, you do not qualify for the AHG.
Housing Grant amount: $0

Means I have no grant ??? 🙄🙄🙄🙄🤔🤔🤔🤔
AHG max ceiling till $5000 (total household income). $5001 will not be entitle to any of it

SHG max ceiling till $8500 (total household income)(4 room flat and below then have). $8501 will not be entitled to any of it.

Think you still entitle to SHG. That's why we wanna downgrade to 4 room to get the SHG.
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Old 26-07-2018, 01:53 PM   #2889
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from what I know

those who need to pay levy are buyer who apply new flat from HDB and ....

sold your new hdb house be it with grant or not,
sold your resales flat with grant...

For those resales seller who did not take grant from HDB before and did not purchase any new HDB flat before, no need to pay levy when you apply for your new flat.

(** if not wrong ba)
If really have to fork out levy if i ever want to sell/upgrade in future... I don't think i can ever repay my grant in cash... Funny how they cant give us the grant in cash in the first place...
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Old 26-07-2018, 02:21 PM   #2890
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If really have to fork out levy if i ever want to sell/upgrade in future... I don't think i can ever repay my grant in cash... Funny how they cant give us the grant in cash in the first place...
When you sell the house which you get any grant from, you can pay the levy from the sales. Only need to pay cash when you don't have enough to deduct.

https://www.hdb.gov.sg/cs/infoweb/re...---resale-levy
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Old 26-07-2018, 02:24 PM   #2891
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Maybe first time sell house no need pay...
But second time BUY house need to pay..

Hahahahaha Singapore leh...
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.
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Old 26-07-2018, 02:50 PM   #2892
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