Resale levy is there to slow down the Cherry picking, some think they can win the system by not paying the levy, the end result is, all the same, they will lose.
Reply to @TeoSeeHwa : wah this is new about the 5% compounded. A fairer number should be 2.6% lah
Good write up. Appreciates
Ho kua Bo ho jiat! Don't pay and suffer to meet the monthly housing installment!