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Evening,

Do you need the money from sales to faciiltate the purchase? Are you using HDB loan or bank loan? T sell at this period is still reasonable as there are still movement within the market.

For sales, you are only liable for legal fee and other admin and penalty charges (mortgage under bank loan within lock-in period) for purchase, you need to factor legal and stamp fee, upgrading cost, if applicable and your cash component (COV and bank's 5 or 10%, depending on 80 or 60% loan)

Do feel free to contact me if your require further assistance.

Regards
Mike Lim
 96929209 
ERA Read More

Hi Cashout,

My advise is to plan carefully where you are heading towards in your next move. Downgrading from EA to 3rm HDB is essentially a big change in lifestyle and comfort, and this change will lock you in for the next 5years based on current regulations.

Sengkang EA is still highly sought after as I have been bringing a few buyers around the estate lately, therefore you should be able to look at a decent price for the sale.

Mike has also mentioned about the facilitation of the cash proceeds for the purchase. This needs to plan out nicely and I'll need to discuss further with you to better manage the entire transaction for you should you decide to engage the services of my team of dedicated salesperson who are operating in the HDB estates wherever you go.

Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565 
Email: lim.geryl@yahoo.com.sg Read More