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Hi there,

I will be able to run through the financials with you.

You could reach me at 94507283  for further discussion. Thank you

Gary Shien
Associate Group Director
PropNex Read More

It sounds like your finances might be tight come key collection.

There are also a few important timeline considerations that we need to plan properly, since you need the funds from your sales proceeds for the payment before key collection.

If you don't mind, would be happy to arrange a session to go through the specific numbers and timeline so you are in good financial shape come key-collection and you can collect your keys on time.

I'm a Harvard graduated real estate agent with a degree in economics, and I have a decade of experience working on Singapore public policy.

Let's connect so I can support you on the required planning, please reach out via my whatsapp or email below!

Kay Cloud
The Harvard Educated Agent
Propnex Realty Pte Ltd
cloud@propnex.com
Tel: (+6.5.) 8.5.6.7.4.5.8.5
Whatsapp -> https://wa.me/6585674585 Read More

(✔1) Use your HDB sale to clear the old loan + boost your funds

Sell at $585,000, repay outstanding $180,000 loan → leaves $405,000 (before CPF refunds).

CPF used for old flat (≈ your OA amount used) will return to CPF OA and can be reused for the new BTO.

This gives you a strong cash/CPF base to pay the $610,000 at key collection.

(✔2) Combine your available savings to cover BTO completion payment

Your funds: FD $80k + Cash $25k + OA $35k + CPF returned after sale.

These sources together should comfortably support the new BTO downpayment/remaining payment schedule.

If needed, take a moderate HDB/Bank loan for balance to maintain healthy cashflow.

(✔3) Set aside budget for reno + furniture ($70k)

Use part cash from the sale proceeds and maintain FD for safety if possible.

Alternatively, split reno cost: cash + small reno loan, to avoid draining all liquidity.

“The best investment on Earth is earth.” — Louis Glickman
WhatsApp me at >>9856 9255 or through this link.:https://wa.me/6598569255.

----------------------------888--------------------------------888--------------------------->>>

(1) "If you need more assistance with property matters:

like renting / selling, buying / or investing, I'm here to help!

WhatsApp me at: ✔✔ABLE Toh (65) 9856*9255 or through this link.:https://wa.me/6598569255

(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

(2) (***) ✅✅ You can READ my REVIEWS here:

✅✅ https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

(3) ✅✅ For PRIVATE Home Buyers, I offer solutions for sourcing resale and new PRIVATE homes at ✅✅ ZERO charge (Because Most PRIVATE seller Agent are willing to share commission with Buyer Agent)

*** You can reach me at my Singapore mobile: @ +65 9 8 5 6 9 2 5 5

***(4) ✅ ✅ ✅ DEVELOPER SALES TEAM!!! BEST PRICES !!! ✅ ✅ NO AGENT FEES !! ✅ ✅ LOWEST PRICE GUARANTEED!!!

*** ✔✔Connect Singapore Line: ✔✔(65) 9856*9255

FOR : UPDATED INFO / E- BROCHURE / FLOOR PLAN / PRICE LIST!!!

NEW Launches Condominium in SINGAPORE :CALL/ WHATSAPP me FOR BEST CHEAPEST, LOWEST PRICE Straight From Developer Sales Team !!!

NORTH Region //

N1.Springleaf Residence – Upper Thomson Road, D26 | OCR | ~3 min to Springleaf MRT (TEL)

N2.Artisan 8 – Sin Ming Road, D20 | RCR | ~4 min to Upper Thomson MRT (TEL)

N3.Canberra Crescent Residences – Canberra Crescent, D27 | OCR | ~6 min to Canberra MRT (NSL)

SOUTH Region //

S1.UpperHouse @ Orchard – Orchard Boulevard, D10 | CCR | Direct link to Orchard Boulevard MRT (TEL)

S2.Zion Residences – Zion Road, D9 | CCR | ~4 min to Great World MRT (TEL)

S3.Promenade Peak – Zion Road, D9 | CCR | ~5 min to Havelock MRT (TEL)

S4.Robertson Opus – Unity Street, D9 | CCR | ~7 min to Fort Canning MRT (DTL)

S5.River Green – River Valley Road, D9 | CCR | ~5 min to Great World MRT (TEL)

EAST Region //

E1.Arina East Residences – Tanjong Rhu Road, D15 | RCR | ~3 min to Katong Park MRT (TEL)

E2,Amber House – Amber Gardens, D15 | RCR | ~10 min to Tanjong Katong / Marine Parade MRT (TEL)

E3.Mori @ Guillemard – Guillemard Road, D14 | RCR | ~8 min to Mountbatten MRT (CCL)

WEST Region //

W1.LyndenWoods – Science Park Drive, D5 | RCR | ~5 min to Kent Ridge MRT (CCL)

W2,Bloomsbury Residences – Media Circle, D5 | RCR | ~8 min to one-north MRT (CCL)

W3.Faber Walk GLS – Faber Walk, D5 | RCR | ~10 min to Clementi MRT (EWL)

W4.Elta Condo (Clementi Ave 1) – Clementi Avenue 1, D5 | RCR | ~10 min to Clementi MRT (EWL)

OTHERS / OCR Launches //

O1.One Marina Gardens – Marina Gardens Lane, D1 | CCR | ~2 min to Marina South MRT (TEL)

O2.W Residences Marina View – Marina View, D1 | CCR | ~2 min to Shenton Way MRT (TEL)

O3.Otto Place EC – Plantation Close, D24 | OCR | ~6 min to Tengah Park MRT (JRL)

O4.The SEN – De Souza Avenue, D21 | OCR | ~8 min to Hillview MRT (DTL)

O5.Skye at Holland – Holland Drive, D10 | CCR | ~6 min to Holland Village MRT (CCL)

O6.The Penrith – Margaret Drive Read More

Hi, appreciate your sharing. Able to meet up and share the breakdown and allow you to decide the next move.

Looking forward to assist you at 9696 4398  or email me at stewartlim96964398@gmail.com Cheers Stewart-PropNex (Senior Associate Division Director) Read More

Here’s a clear way to plan your numbers so you don’t end up tight on cash when your BTO hits key collection.

1. Proceeds from selling your current flat
Selling price 585,000
Less outstanding loan 180,000
Net 405,000
From this amount, CPF will automatically take back whatever you and co-owners used plus accrued interest. After that, whatever is left comes back to you in cash.

(If you want, I can help you estimate the actual CPF refund once you tell me how much CPF was used.)

2. Paying for the BTO at key collection
Total due 610,000
CPF OA available now 35,000
More CPF will accumulate until Q1 2026. Based on typical salaries, most people have a bit more by then, but the bulk still needs to come from sale proceeds or cash.

3. Using sale proceeds for the BTO
You can use:
– your refunded CPF
– cash proceeds from the sale
– your existing FD 80,000
– cash 25,000

Most buyers structure it like this:
First pay as much as possible using CPF refunded from sale and current OA.
Then the remaining portion can be covered through a bank loan for the BTO.

Example (rough):
610,000
minus CPF (refunded from sale + current OA)
minus cash proceeds
= remaining amount to take a bank loan for.

This keeps your cash liquid for reno.

4. Reno + furniture 70,000
Try to keep this fully in cash to avoid stretching your loan unnecessarily.
Your FD 80k + cash 25k is already enough to cover the full 70k comfortably.

5. Practical structure most financially safe buyers choose
– Use CPF refunds + OA fully for BTO.
– Use cash proceeds only if needed.
– Keep at least one full year of emergency savings after paying for renovation.

If you want, pass me the following and I can calculate your exact numbers:
1. How much CPF (with interest) will be refunded to you after selling
2. Whether the BTO is under bank loan or HDB loan
3. Your monthly income so I can estimate your OA from now till Q1 2026 Read More

Hi

Just some quick calculation based on info shared.

Sale price less bank loan, legal fees, agent success fee, you should have approx 390k cash + cpf refund total coming back after the sale is completed. Do you have resale levy payable as well?

The balance you need to collect keys will be 610k - 390k, so about 220k required assuming no resale levy. If you need another 70k for Reno, that works out to approx 290k you need for new house to be ready for move in.

Assuming you use all FD, cash and cpf on hand (totaling 140k), the balance outstanding is still 290k - 140k = 150k

Are you eligible for 150k loan amount for the next property?

I have worked on similar sale cases for owners selling existing flat to getting their BTO keys. Happy to explore further on the optimal approach.

Hope the above clarifies. I am well-versed with HDB and private property transactions, having helped more than 100 homeowners transit smoothly with their housing plans. Please reach out to me at 97432395  for a more in-depth discussion :)

May I have more info on your requirements so as to make better recommendations? Thanks and looking forward to chat more

Warm Regards,

Ivan Ng Realtor
ERA Senior Marketing Director
ERA Multiple Diamond Award Achiever

SEAA Salesperson Achievement Award (Gold)
SEAA Singapore Accredited Mortgage Planner (SAMP)

ERA Top 11th Achiever in Feb 2024 (Top 1% Company Level)
ERA Top 64th Achiever in March 2024 (Top 1% Company Level)
ERA Top 37th Achiever in Oct 2023 (Top 1% Company Level)
ERA Top 93th Achiever for Full-Year 2020 (Top 1.5% Company Level)
ERA Top 11th Achiever in June 2020 (Top 1% Company Level)

SMU BBM (Finance), Magna Cum Laude
Proactive. Sincerity. Feedback.

Contact: (+65) 97432395 
Whatsapp: wa.me/6597432395
Email: Ivanng10@gmail.com
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**Note: We are not prompted when you respond here, hence please get in touch directly. Look forward to hear from you soon! **

- HDB Executive Maisonette Sellers, Mr & Mrs Yeo --

Before contacting Ivan Ng, our Property Realtor, we were quite apprehensive about our Contra-deal ( concurrent resale & purchase of HDB flats) as at that time the outlook of the resale property market was quite sluggish & pessimistic. But surprisingly our property realtor, Ivan , was able to put us at ease with his professional competence, astute work experience & friendly nature . He was able to consummate our contra-deal within one month of our HDB application. Now we are convinced by his promise that (in Ivan's own words) ... "A contra-deal is where the sale & purchase transactions are done concurrently and completed on the same day. This results in a seamless transition of the funds from your sale proceeds and CPF proceeds towards your purchase price." More importantly Ivan has also managed to clinch a good deal for our contra-deal. We'll certainly recommend him to our kins & friends. Thank you very much, Ivan. We are definitely your satisfied customers! Read More

Hi Vitor,

The sale proceeds from the sale of your current HDB, plus your Cash, FD and OA will not be sufficient for the balance payment of $610,000. As such, you will need to fork out additional cash for your balance payment. You can apply for a loan for the new flat so that you will be able to use some of your sale proceeds from the current HDB flat for renovation.

For your case, I would suggest planning the sale of your current flat together with your key collection so that you will transit smoothly from your current flat to the new one without the need for an interim housing.

Please feel free to contact me so that I can understand your situation better and assist you further!

Regards,
Nick Tan
(M) +65 96 44 48 54
B.Eng(Chemical)(Hons)(NUS) / Cert-in-REA
(E) nick96444854@gmail.com

SEAA Salespersons Achievement Platinum Award 2020/2022/2023

WhatsApp: https://wa.me/qr/X6VRPGSSIHN5D1

Visit my website to get to know me better:
www.nicktan.com.sg

I was featured recently on Council for Estate Agencies (CEA) Newsletter:
http://bit.ly/CEAnews

Testimonial from my Clients
Nick is THE absolute best agent, guide to navigating the property market in Singapore. From selling to buying, he manages to get the absolute highest when selling and negotiators to the absolute lowest when purchasing. (So double win for me!). In fact, I bought my new home at the absolute lowest transaction across all the transacting homes. Most agents would just give vanilla advice, he puts scrutiny into every potential choice we were making by advising potential gains, rental yields, back up plans. I think we went through a whole list of more than 20 + before narrowing down to a few high potential properties! Super responsive to our questions and handheld us through the process and even answered questions in the middle of the night. Would absolutely recommend working with Nick for anyone looking to buy, sell or just advice!
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Nick was invaluable in purchasing my next property. He sourced units within my budget and analysed price trends of condo projects I was interested in. With Nick’s assistance, the buying process was seamless, and he expertly coordinated the sale of my current unit with the purchase of the next. Kudos to Nick for his outstanding service and advice!
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Sunny Ng (Seller) April 2024

Selling our house was a pretty stressful ordeal, as we have already committed to buying our new home and hence have a timeline to meet. Losing a substantial deposit and worse still, not getting our dream home caused many sleepless nights as we are nearing our deadline. I am very glad we have decided to switch to Nick and seek his help after the dismal performance of our first agent. Not only is Nick very patient in explaining things to us, ti Read More

(✔1) Use your HDB sale to clear the old loan + boost your funds

Sell at $585,000, repay outstanding $180,000 loan → leaves $405,000 (before CPF refunds).

CPF used for old flat (≈ your OA amount used) will return to CPF OA and can be reused for the new BTO.

This gives you a strong cash/CPF base to pay the $610,000 at key collection.

(✔2) Combine your available savings to cover BTO completion payment

Your funds: FD $80k + Cash $25k + OA $35k + CPF returned after sale.

These sources together should comfortably support the new BTO downpayment/remaining payment schedule.

If needed, take a moderate HDB/Bank loan for balance to maintain healthy cashflow.

(✔3) Set aside budget for reno + furniture ($70k)

Use part cash from the sale proceeds and maintain FD for safety if possible.

Alternatively, split reno cost: cash + small reno loan, to avoid draining all liquidity.

“The best investment on Earth is earth.” — Louis Glickman
WhatsApp me at >>9856 9255 or through this link.:https://wa.me/6598569255.

----------------------------888--------------------------------888--------------------------->>>

(1) "If you need more assistance with property matters:

like renting / selling, buying / or investing, I'm here to help!

WhatsApp me at: ✔✔ABLE Toh (65) 9856*9255 or through this link.:https://wa.me/6598569255

(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

(2) (***) ✅✅ You can READ my REVIEWS here:

✅✅ https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

(3) ✅✅ For PRIVATE Home Buyers, I offer solutions for sourcing resale and new PRIVATE homes at ✅✅ ZERO charge (Because Most PRIVATE seller Agent are willing to share commission with Buyer Agent)

*** You can reach me at my Singapore mobile: @ +65 9 8 5 6 9 2 5 5

***(4) ✅ ✅ ✅ DEVELOPER SALES TEAM!!! BEST PRICES !!! ✅ ✅ NO AGENT FEES !! ✅ ✅ LOWEST PRICE GUARANTEED!!!

*** ✔✔Connect Singapore Line: ✔✔(65) 9856*9255

FOR : UPDATED INFO / E- BROCHURE / FLOOR PLAN / PRICE LIST!!!

NEW Launches Condominium in SINGAPORE :CALL/ WHATSAPP me FOR BEST CHEAPEST, LOWEST PRICE Straight From Developer Sales Team !!! Read More

Good day to you.

Let's focus on the specifics:
1) Could you share what has been included in your HFE? Did you select "No-loan," or are you securing a loan from financial institutions?
2) Have you received any correspondence from HDB about the date for key collection?
3) What is the amount of CPF that you have used for your current unit?

Based on the figures provided, you will require approximately $145k more to finance the BTO unit.

How about we arrange a meeting to sort everything out together?

Navigating a property transaction can feel overwhelming, especially when tied to major life events. As a property consultant with 15 years of experience, I am here to provide not just market knowledge, but also peace of mind.
I specialize in sensitive property matters, offering expert guidance on:

Divorce & Asset Settlement: Helping you achieve a smooth and equitable outcome for your shared properties.
Intestate & Estate Planning: Simplifying the complexities of planning for the future or handling inherited property.
Complex Situations: From Lasting Power of Attorney to bankruptcy cases, I offer clear solutions to your specific challenges.

Ready to find clarity? Contact me for a free consultation today and let’s discuss how I can help you secure a confident future.

Regards
Mike Lim
Mobile: 96929209 
email: m52i@yahoo.com
R026708F
ERA

You can also follow my short videos for more tips:
https://www.youtube.com/@SGHomeCompass Read More

Did you take up any loan for your BTO? If not, do you intend to do so? Given the numbers you have shared, it seems quite tricky and tight if you do not wish to take up a home loan. Read More

(✔1) Use your HDB sale to clear the old loan + boost your funds

Sell at $585,000, repay outstanding $180,000 loan → leaves $405,000 (before CPF refunds).

CPF used for old flat (≈ your OA amount used) will return to CPF OA and can be reused for the new BTO.

This gives you a strong cash/CPF base to pay the $610,000 at key collection.

(✔2) Combine your available savings to cover BTO completion payment

Your funds: FD $80k + Cash $25k + OA $35k + CPF returned after sale.

These sources together should comfortably support the new BTO downpayment/remaining payment schedule.

If needed, take a moderate HDB/Bank loan for balance to maintain healthy cashflow.

(✔3) Set aside budget for reno + furniture ($70k)

Use part cash from the sale proceeds and maintain FD for safety if possible.

Alternatively, split reno cost: cash + small reno loan, to avoid draining all liquidity.

“The best investment on Earth is earth.” — Louis Glickman
WhatsApp me at >>9856 9255 or through this link.:https://wa.me/6598569255.

----------------------------888--------------------------------888--------------------------->>>

(1) "If you need more assistance with property matters:

like renting / selling, buying / or investing, I'm here to help!

WhatsApp me at: ✔✔ABLE Toh (65) 9856*9255 or through this link.:https://wa.me/6598569255

(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

(2) (***) ✅✅ You can READ my REVIEWS here:

✅✅ https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

(3) ✅✅ For PRIVATE Home Buyers, I offer solutions for sourcing resale and new PRIVATE homes at ✅✅ ZERO charge (Because Most PRIVATE seller Agent are willing to share commission with Buyer Agent)

*** You can reach me at my Singapore mobile: @ +65 9 8 5 6 9 2 5 5

***(4) ✅ ✅ ✅ DEVELOPER SALES TEAM!!! BEST PRICES !!! ✅ ✅ NO AGENT FEES !! ✅ ✅ LOWEST PRICE GUARANTEED!!!

*** ✔✔Connect Singapore Line: ✔✔(65) 9856*9255

FOR : UPDATED INFO / E- BROCHURE / FLOOR PLAN / PRICE LIST!!!

NEW Launches Condominium in SINGAPORE :CALL/ WHATSAPP me FOR BEST CHEAPEST, LOWEST PRICE Straight From Developer Sales Team !!! Read More