The answer is yes, you may purchase an EC (new construction) after you sell your HDB Exe flat. You may also purchase an EC while staying in the HDB Exe flat but will need to sell within 6 months of the EC TOP.
There will be a new launch for an EC in Punggol and I am a core team member. This likely will be the only EC launch this year.
You may text 9620 0827 and I will share with you the information on the transactional process, timeline and the estimated financial commitment. Attached is a link for your reference. https://tinyurl.com/y39sn9gp
Yes you can purchase a new EC or condo after selling the hdb flat. In fact it may be better to do so as it will take a longer time to find a buyer in current softer market.
May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.
Ivan Ng Realtor
ERA Senior Marketing Director
ERA Top 600 Achievers in Year 2017 (Top 10%)
ERA Top 300 Achievers in 3rd Quarter 2017 (Top 5%)
SMU BBM (Finance), Magna Cum Laude
Proactive. Sincerity. Feedback.
Contact: (+65) 97432395
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-- HDB BTO 4rm Sellers Mr. Farvin & Ms. Sel --
Ivan was the first agent that we met up with and right from the offset we had good vibes as he has a friendly personal approach, detailed working style and focuses on building the long-term relationship. He is a committed professional and has fast execution, so we felt assured that things are done well and we can entrust the sale process entirely to him.
We're looking to find an investment property next and will be glad to work with Ivan again for the long-term to restructure our property portfolio. He has become a friend now, and we are most happy to recommend his professional services to our loved ones and friends.
--- HDB Flat Upgraders Mr. & Mrs. Lee ---
We decided to engage Ivan as our agent as we were impressed with how he answered all our enquiries. He has helped us to find our ideal unit and also sold our current unit. He was very patient and never pushy when we were looking for our ideal unit. He would tell us that it is always important to find a unit that we really liked. Thanks Ivan! :)
-- Sellers of Exec Maisonette Gaffoor & Isha --
Buying or selling property is a big decision, as we wanted to make sure our agent is someone we can trust, get in touch with, and approachable. Ivan certainly fits the bill. He was available anytime of the day to answer our queries and was with us throughout the process. We have no reservations in recommending him.
-- HDB BTO 4rm Sellers at Sengkang, Jonathan & Abigail --
By faith, we signed the contract with Ivan and in less than two weeks time, we opened our house for the first and the only viewing, days later the OTP was signed! Thank you for all your excellent diligent services and all the professional advise!
-- HDB upgraders to New EC owners Mr. & Mrs. Goh --
My unit was marketed by another agent back in Q3 2017 and after more than 3 months, there wasn’t any offer. I almost lost hope and thankfully I made the right decision to switch to Ivan. Through his hard work, perseverance & commitment, my unit was sold by Q1 this year. Would definitely recommend Ivan’s services to any potential sellers out there.
Mark, your RIGHT choice
You are eligible to purchase a resale EC or a private condo (new launch or resale) after you sell your executive HDB flat.
However, in order to qualify for a brand new EC, there are still some conditions to meet.
1) There must be at least a Singapore Citizen in your family nucleus. 2 SPRs are not eligible.
2) You must not have "enjoyed" 2 times subsidized housing.
3) Your household combined income should not be more than $14,000 per month.
If you have the funds for the purchase, you can choose to purchase first, and then sell off your HDB flat within 6 months upon the purchase.
I am experienced and well-versed in both private and HDB transactions. I will be able to assist you in your upgrading plans. Please get in touch with me for a more in-depth discussion.
Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305. I will be happy to assess and share with you the possibilities for you in the current market.
As long as you are financially ready to make this move, this planned upgrade will be feasible, and subjective to your targeted purchase and whether you are a Singapore citizen or permanent resident, the requirement to dispose off your existing HDB differs. In fact, I have attended to many clients who have similar plans like you to move on to their upgrade and I am definitely able to assist you further in your plans if I may know more about your existing situation.
I have been in the real estate business since 2009, with more than 10years of experience serving the Singapore real estate market.
I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.
Over the years, I have also established a network reaching out to more than 8,500 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my clients’ portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.
With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.
Please feel free to reach me from my website www.geryllim.com or connect with me directly on my mobile phone at 81577565.
I look very much to hear from you soon.
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Landed Dynamic Alliance
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In my opinion, upgrading to a condo will be a better option as compared to a new EC or a resale EC in terms of future upside potential.
For new EC, the psf price are higher as compared to previous ECs because of inflated land price. These new ECs are also not located near amenities and therefore the upside may be limited in the future. For resale EC, the bulk of the gain will be enjoyed by the first owner and your upside as a 2nd owner may be quite limited.
I am happy to share with you more data and satistics to support my views. I have assisted many of my clients to upgrade smoothly and seamlessly from their HDB to a private property.
Please feel free to contact me so that I can understand your situation better and draw up an upgrading plan for you!
(M) +65 9644 4854
B.Eng(Chemical)(Hons)(NUS) / Cert-in-REA
Visit my website to get to know me better:
I was featured recently on Council for Estate Agencies (CEA) Newsletter:
Testimonial from Satisfied Clients
“I would like to recommend Nick Tan from SRI. Before we engaged Nick, we were working with another agent from a very popular property agency in February 2017. We decided to terminate the contract after 5 weeks of zero viewings and no paper advertisements. Basically he was just waiting for phone calls. We engaged Nick on 20th April and by 10th of May, our unit was sold off. Why Nick? 1. He has good marketing strategies 2. He always kept us posted on what he did (communications!) 3. He made sure we understand the current market situation but he will consistently reassure us that the unit can be sold off 4. He is not greedy and trusting 5. He walks the talk”
Peter & Wendy (Property Seller)
I write to commend Nick Tan (R040814C). When my husband and I first met Nick, we were impressed by his drive, commitment, business acumen and strategical thinking, and decided to engage him. We were not disappointed. Nick sourced for prospective quality buyers in a targeted methodical fashion and was effective in connecting us with serious buyers, notwithstanding the fact that the search primarily took place over Dec – Feb (a traditional lull period). Throughout the transaction, he also gave us helpful advice in various aspects; the advice reflected his personal experience and expertise and was not simply regurgitated from public sources without any value-add. Further, Nick went beyond the call of duty of a competent professional. He had a sense of humanity in the way he interacted with myself and the other parties to the transaction such as my parents. As an example, my newborn daughter was warded into A&E on the completion date of the transaction; the care and concern that Nick showed went beyond the scope of work of an estate agent. I commend Nick for his capabilities and character, and would certainly wish to engage him for future property transactions.
Weilun & Benita (Property Seller)
“We are very grateful to Nick for his extensive marketing efforts. With his comprehensive marketing plan, he helped us to achieve a record selling price within 2 weeks of listing our property for sale! We highly recommend his service to anyone who is keen to sell their properties.”
Mr & Mrs Wong (Property Seller)
“Nick has conducted himself ethically and professionally when handling the sales of our property. Thanks to his patience and perseverance, we managed to secure a sales price beyond our expectations. We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
Mr & Mrs Tan (Seller of Inter-Terrace House)
Yes, and I will be glad to assist
I won't be able to contact you first as I do not have your contact, appreciate if you can contact me at (65) 96608508 or Silviayang8@gmail.com with details of your property so I can assist you
or click here http://bit.ly/2tzIQ1a to whatsapp me for no obligation discussion
PropNex Realty Pte Ltd
Mobile: (65) 9660 8508
Yes definitely. We have a consumer seminar coming up for clients who are looking to upgrade/ find out what type of property is suitable for them this Sat. Will you be keen to join us?
Do text me so I can send u the invite link!