21 Nov '17, 3am

Here's the salary you need to earn to afford these homes in Singapore. View Table……

Upgrading from a Build-To-Order (BTO) flat to a condominium is typical practice among first-time home buyers. Although condominiums are pricier than BTOs, they are arguably seen as symbols of status. Additionally, some condominiums, especially those of a freehold nature, are not beholden to the 99-year leasehold rule and can therefore, unlike BTOs, be passed down to the next generation or be part of an en bloc sale. But if you are thinking of selling your private property to move into a BTO instead, there are a couple of key things to take note of. The most critical rule is if the flat you intend to buy is new, that is, directly from HDB, then you will need to wait 30 months before you can apply for it. This extends to both BTOs and ECs (executive condominiums). This may prove a daunting regulation to manoeuvre around as 30 months is basically two and a half years. In that...

Full article: http://www.propertyguru.com.sg/singapore-property-resourc...

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