Hi, i have a 5 rm hdb flat and i wished to upgrade to EC which top 2016. How should i go abt doing it. Sell flat ist or wat.?
Posted by Tommy on Sep 5, 2012 in Home Buying | 314 Views
Latest Answers by Real Estate Professionals (8 Answers)
Answer Posted on Sep 6, 2012
Hi Tommy,
There are various ways to go about doing it. Do you have enough fundings to hold your HDB while you commit to an EC under construction? Next consideration is if you are eligible to purchase a brand new EC given the current income ceiling?
Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565
Email: lim.geryl@yahoo.com.sg
There are various ways to go about doing it. Do you have enough fundings to hold your HDB while you commit to an EC under construction? Next consideration is if you are eligible to purchase a brand new EC given the current income ceiling?
Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565
Email: lim.geryl@yahoo.com.sg
Answer Posted on Sep 7, 2012
Hi, U can upgrade to EC if u meet the MOP and financially sound credit standings. Call me if u need help on the upgrading. BTW, WaterBay launch coming up this month expected TOP 2018 March.
Clarence Chee
ERA
HP : 94560652
Clarence Chee
ERA
HP : 94560652
Answer Posted on Sep 7, 2012
Hi Tommy. Waterbay EC @ Punggol will be launching soon and it is est TOP 2016. This project is under ERA. Please call me and we can discuss in details on your upgrade from 5 room to EC. Hope to hear from you soon. Gloria ERA HP# 9723 6486.
Answer Posted on Sep 6, 2012
Hi Tommy,
Assuming you have fulfilled your HDB MOP & are eligible to apply for an EC, and you have sufficient funds for the 5+15% downpayment for the EC, you only need to sell your HDB flat within 6 months after the EC TOPs (under normal progressive payment), or 2 months before collection of your EC keys (under deferred payment scheme for 80% loan).
I am marketing the upcoming EC at Punggol Central, minutes' walk to Punggol MRT, which is launching in mid-Oct. Pls contact me so I can share more with you :)
Regards,
Wee-Ling
9851-5470
weeling.chew@gmail.com
SLP Realty
www.sgnortheast-newlaunch.com
Assuming you have fulfilled your HDB MOP & are eligible to apply for an EC, and you have sufficient funds for the 5+15% downpayment for the EC, you only need to sell your HDB flat within 6 months after the EC TOPs (under normal progressive payment), or 2 months before collection of your EC keys (under deferred payment scheme for 80% loan).
I am marketing the upcoming EC at Punggol Central, minutes' walk to Punggol MRT, which is launching in mid-Oct. Pls contact me so I can share more with you :)
Regards,
Wee-Ling
9851-5470
weeling.chew@gmail.com
SLP Realty
www.sgnortheast-newlaunch.com
Answer Posted on Sep 6, 2012
Hi Tommy
Good day to you.
Quick check
1) Eligibility check
a) Ensure you can sell and buy under the HDB policies
2) Financial planning:
a) How much will I get after I sell?
b) How much do I need to pay if I buy?
3) Timing:
a) Sell 1st then buy or buy 1st then sell?
b) Is this the right time to sell?
c) Is this the right time to buy?
4) Selection of property
a) Which EC suits your needs
5) Transaction process
Give me a call and we can discuss in details. Currently, I am marketing a few EC project: Austville Residences@Sengkang, Heron Bay@Upper Serangoon and OneCanberra@Yishun
Cheers,
Primus Yuan
Mobile: 96691268
CEA Reg No:R009690G
www.Singaporehome.sg
Good day to you.
Quick check
1) Eligibility check
a) Ensure you can sell and buy under the HDB policies
2) Financial planning:
a) How much will I get after I sell?
b) How much do I need to pay if I buy?
3) Timing:
a) Sell 1st then buy or buy 1st then sell?
b) Is this the right time to sell?
c) Is this the right time to buy?
4) Selection of property
a) Which EC suits your needs
5) Transaction process
Give me a call and we can discuss in details. Currently, I am marketing a few EC project: Austville Residences@Sengkang, Heron Bay@Upper Serangoon and OneCanberra@Yishun
Cheers,
Primus Yuan
Mobile: 96691268
CEA Reg No:R009690G
www.Singaporehome.sg
Answer Posted on Sep 6, 2012
Hi Tommy
Please call me for discussion on the eligibility and preference.
Thanks
Rene
96206294
CEA no.: R045604J
Please call me for discussion on the eligibility and preference.
Thanks
Rene
96206294
CEA no.: R045604J
Answer Posted on Sep 6, 2012
Hi Tommy,
If you have sufficient for your downpayment of 20% + stamp duty, there is no need for you to sell your HDB. You may sell it when you collect your keys for the EC.
I am marketing a few ECs at Tampines, Pasir Ris, Punggol, Sengkang and Woodlands.
If you wish to find out exactly how much you need for the downpayment and stamp duty as well as get more information about these ECs, do feel free to contact me :)
Regards,
Jess Min Yeo
ERA
Hp: 9848 7879
CEA Reg No. R044247C
If you have sufficient for your downpayment of 20% + stamp duty, there is no need for you to sell your HDB. You may sell it when you collect your keys for the EC.
I am marketing a few ECs at Tampines, Pasir Ris, Punggol, Sengkang and Woodlands.
If you wish to find out exactly how much you need for the downpayment and stamp duty as well as get more information about these ECs, do feel free to contact me :)
Regards,
Jess Min Yeo
ERA
Hp: 9848 7879
CEA Reg No. R044247C
Ask a Question
Search Questions & Answers
Browse Questions by Categories
Advertising in PropertyGuru (518)
Condo Questions (6732)
Design, Deco & Renovation (82)
General Questions (3889)
HDB Questions (4501)
Home Buying (7658)
Home Financing (1619)
Home Selling (1792)
Investing in Singapore (700)
Living in Singapore (214)
Property Agents (1148)
Property Legal Advice (757)
Property Market (700)
Renting Property (3521)
Using PropertyGuru.com.sg (258)