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Hi.
You can place an option after the buyer exercised your hdb option. Lets meet up or do call me for a detailed explanation on the timeline, financial breakdown for this house and next house purchase.
Would love to hear from you.
Tricia Tan 91442664  Read More

Hi,

Once OTP for your HDB is exercised, you will be considered to have dispose your existing property. The CPF of 160k will only return to your OA after 2nd appointment, hence you can't use it immediately. Stamp duties have to use cash first and can be reimbursed from your CPF later if theres sufficient monies in your OA. Single income earner is equipped to fund a 900k property.

It will be ideal if I can have more info so to make better recommendations. The timelines and financials have to be planned carefully so as to ensure a smooth transition and minimized costs. Thanks and look forward to hear from you and value-add to your housing plans further.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

Email: Ivanng10@gmail.com
Contact: (+65) 97432395 
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(Client's Testimonials) Read More

Hi,

Once OTP has been signed and 1st Appointment date has been set, it would be considered that you have disposed the flat, thus you can purchase your dream home immediately.

Also I can advise you on the timeline further because selling and buying will take time for the CPF to be transfered so if it is possible you can give me a call or text and i can explain to you clearly.

All the above are non-obligation, hope to hear from you soon ! :D

Thank You,
Louis See
ERA
HP: 9091 3553 
Email: Louisseery@gmail.com Read More

Hi Sir/Mdm,

1. You should plan your purchase after your buyer has exercised the option to purchase for your flat. In this way, you will be subjected to the 5% ABSD instead of 10%.

2. You will be able to use the full amount of CPF in your Ordinary Account for the purchase if you are under the age of 55. However, the amount will only be back in your CPF account 2 weeks after the sale completion.

3. Additional Buyer Stamp Duty is usually paid in cash first and you can reimburse using CPF if your CPF is sufficient.

4. You can obtain a loan of up to 80%. The remaining 20% will consist of 5% cash and 15% CPF.

5. 900k private property in D19 is possible. I can propose some options for your consideration.

For your case, proper financial and timeline planning is required so that you upgrading process from the HDB to the condo can be done smoothly. Please feel free to contact me so that I can assist you in your upgrading journey.

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
(W) www.nick-tan.com

Testimonial from Satisfied Clients (2015/2016)
“Nick is very pro-active in helping us to resolve whatever questions and problems that we encountered. All the issues are settled even before us having to request or ask for a second time. He was very frank and transparent with all the details, limitations and advantages that we wouldn’t have known. I think this is the most important virtue to be successful in this line. I will surely recommend him to anyone who needs his service because I trust that they will be equally satisfied!!”
Mr and Mrs Chan (Sold and Bought a property through Nick)

“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.”
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Susana (Buyer)

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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) Read More

Hi,

Re: Our Preferred SG Professional- ASAP Real Estate Services

Pls obtain an housing loan principle approval figures by the bank first to have a clear pictures whether you able to obtain your desired property upon you sell your existing property.

I have a pool of experienced banker which I partnered several years to recommend you. :)

Feel free to engage me as your agent. I can assist you based upon your stated contents and walk you through the entire process with options.

Call me now, we can explore further in detail.

I am contactable at 92222389  or onassis@sgrealtor.com / sgagent.com

In all Areas of Singapore. Sale/Buy/Lease/Rent, Please call and/or drop me an email me. I’m always at your Services.

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Evening,

Under HDB ruling, you are required to sell your HDB within 6 months upon collection of keys. However, should the deal fails to go through with the buyers being the defaulter, ABSD will stay as 5%. You are also eligible to request for specific performance.
As for the CPF usage, as long as you have not exceeded retirement age or the property still have lease of more than 60 years, you will be eligible to utilize full CPF OA on the purchase of the property. For the amount of loan that bank can disperse on the purchase, it will be dependent on your income status, age and credit standing.

Do feel free to contact me further for detail discussion.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More

Sir / miss

Firstly you should check with mortage banker how much you qualify to borrow .

Next , after checking with mortage banker that you can afford your planned condo , you can proceed to sell your hdb , do not commit to buy any private property until the buyer exercise their option to buy your hdb .

5% ABSD payable .

You can use 100% of your ordinary account cpf to fund your condo .

Yes 900k budget can buy a private property at district 19 .

ABSD can be paid by cpf .

Kindly contact me for a no-obligations chat for your property needs .

My charges are 1% commission for exclusive selling rights to your property or 2% for open listing .

No commission chargeable when i serve private property buyers .

Joanne_chia
Chia_joanne@yahoo.com.sg
Hp 8333 3327  Read More

Good afternoon!

Once the buyer for your HDB has exercised the option, it will be considered that your HDB has been disposed and you can go on to put an option for a private property and it will be considered as a *First Current Property*.

However, do note that the CPF utilized for your HDB will only be returned back to your OA Account after your 2nd HDB appointment and hence, you are not able to utilize that amount first. Also, it is advisable to get a banker to access your finances and determine the loan borrowable for your purchase.

Do give me a call or drop me a text and we could discuss further on this. I'll be able to recommend a few bankers and assist you with the selling & buying, financial calculations, timeline and more.

Will you be available tomorrow evening?

Bhavina Kaur
ERA Realty
M: +65 9170 8295  Read More