Q1: I'm 65, my Executive Apartment is fully paid, and I intend to buy a BTO in Tampines. What should I know about the $97,000 resale levy?

Because your Executive Apartment (EA) was originally a subsidised HDB flat, you will be considered a second-timer if you sell it and then buy another subsidised flat (e.g., a BTO flat). In this situation, HDB will require you to pay a resale levy.