I am a 54-year-old Singaporean who previously purchased a BTO flat with my daughter and sold it last year. Now, I want to apply for an SBF but the HDB portal says I'm ineligible. What is the reason for this?

Question

hello. i am singaporean aged 54 years old previously bought a bto flat with my daughter however i sold it last year. currently i want to apply for a sbf however hdb portal deems me ineligible. what is the reason?

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I am a 54-year-old Singaporean who previously purchased a BTO flat with my daughter and sold it last year. Now, I want to apply for an SBF but the HDB portal says I'm ineligible. What is the reason for this?