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Evening,

For you situation, it would be ideal to market and hunt at the same time. Once you got a buyer, we can try to work out on the timeline, to match with your purchase of the condo.
Prior to any of the above, it would be prudent to work on your current finance status, to know how much you can loan and how much you need.

FYI
Mike Lim
 96929209 
ERA Read More

Hi,

From the information given, my advice is to sell your HDB flat first and once you gotten your cash proceeds, then buy the condo.

A 2/3 bedroom condo in the west will probably cost $800k - $1.2m estimated. Using $1m as an example, you need to put $50k cash as downpayment, not forgetting stamp duty and other cost etc. With the cash/cpf on hand currently, you will definitely have a shortfall.

Of course while marketing you HDB Sale for sale, you can at the same time start to hunt for the condo. Also need to work out with banker the quantum you can borrow, and do a detailed financial calculation to determine your estimated cash proceeds from selling the HDB flat.

I stay in Jurong West St 61. Appreciate we can meet up and discuss in more details. I am contactable at 96836230  .

Thanks,
Ander ERA Read More