Yes, you can subject to your Loan-To-Value (LTV) ratio and Total Debt Service Ratio (TDSR). You may read more about LTV here: https://www.propertyguru.com.sg/property-guides/singapore-loan-to-value-ratio-guide-12845
Do note a Buyer's Stamp Duty (BSD) of up to 3% applies when you buy a condo.
Hope this answers your question.
Team PropertyGuru Read More
Yes you can purchase condo as long as you have met the 5 year MOP period. 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 ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude
Contact: (+65) 97432395
Facebook Page: www.facebook.com/ASAProp
--- HDB Flat Sellers Uncle "Seng" and Mdm. Png ---
Translation from Mandarin:
We are from the Pioneer Generation, already in our 70s, and have no experience selling HDB flat. As our new BTO is arriving, we considered selling our flat earlier.
We felt he was a patient agent who is willing to hear out our plans and concerns, and explain new HDB selling procedures clearly to us. He is also a hardworking agent who did Roadshows for weeks to create awareness for our unit, and we quickly found a buyer through this avenue.
We also appreciate that he made the extra effort to accompany us down to the Banks and Town Council to help us with the outstanding paperwork procedures, and ensure the sale go through smoothly. Throughout the process, we always felt assured and happy, as Ivan was always professional, accessible and saw things through till conclusion. Ivan will remain as a family friend and we will be glad to invite him over for coffee when our BTO is ready.
--- HDB Flat Sellers Mr. Hayum and Ms. Azizah ---
Ivan has justified our faith in appointing him as our Exclusive Agent. He transacted our unit at 620k, above valuation & highest price ever achieved for our block, within 2 months.
In a slow market, you need a proactive & committed agent who puts the extra effort. Besides advertising in papers & online intensively, he also had personally distributed flyers & spoke to potential buyers in neighboring blocks to increase exposure. Every week there were viewings & feedback.
He actually secured 2 attractive offers but assessed that the 2nd one will be a more smooth transaction. We're glad to have proceeded with his advice for a successful completion. Throughout he was professional and responsive. We wish him a great career and will be happy to recommend his services.
--- HDB Flat Upgraders Mr. & Mrs. Lee ---
We decided to engage Ivan as our agent as we were impressed with how he answered the enquiries on property guru website.
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.
When it comes to selling of our unit, he was always prompt in arranging for viewings and he also tried his best to arrange and consolidate the viewings due to our time constraints. He is a reliable and prompt agent and is always willing to clarify any concerns and questions that we have.
Thanks Ivan! :) Read More
You can purchase as Long as you have fulfilled your 5 years MOP. Perhaps you could furnish me with your exact requirements and finances on hands to conduct the financial cash calculations/ progressive payments to shortlist & negotiate for the best possible price of the residences units you could otherwise consider. At the same time, I will take the opportunity to run through the key financial loan approval process, share some market insights/ provide you with recent sales transaction caveats and explain the entire procedural framework involved.
To add, there is no agent fees involved, hence my service and consultation comes at no cost ; and you are assured of being walked by step by step on the entire procedural framework - from technical matters to financial, legal matters and beyond.
ERA Associate Division Director
www.kumarrai.com ( Recent Awards and Testimonials)
#1 team of ERA in Singapore, Asia Pacific International for 2014.
ERA 2015 Q1 Top Achievers (Top1% of ERA)
ERA Top Achievers 2013/14
ERA Multi-Million Dollar Club Award
2014 ERA Asia-Pacific Business Conference Elite Award
2015 Feb/ April/May/ June ERA Top Achievers
2014 Aug/Sept/3rd quarter/Dec/ Overall 2014 ERA Top Achievers Read More
Once you had fulfilled the MOP, you are allow to purchase private condo as the 2nd property.
Please drop me an email for me to share more details including loan, stamp duty ...etc
To assist and advise you more in details, kindly drop me an email for me to share.
I am contactable at my mobile or email.
email@example.com Read More
It is depended on your residency status.
If you are a Singaporean, you may buy a private condominium after meeting your MOP.
You may email to firstname.lastname@example.org should you have further enquires.
Currently, we have a new launch which is likely to be in early March.
If you like further information, please register on the attach link.
Gavin Read More
Sure you can! Once you have fulfilled the MOP. Do contact me at 97970200 or email@example.com to discuss more on options for your next property purchase
Mark, your RIGHT choice
MCG Read More
Yes you may purchase private residential property once you met the MOP of 5 years for your HDB.
Should you have any queries, feel free to contact me at my mobile no. I would gladly be of a service to you.
Good day ahead!
CEA Reg. No: R049796J
Propnex Realty Pte Ltd
HP: 9695 4627
Email: firstname.lastname@example.org Read More
Congrats on paying up fully on your HDB! You are in a good position to purchase a 2nd property as you will be able to leverage on the 80% loan for your 2nd property!
Do note that there is an Additional Buyer Stamp Duty (ABSD) of 7% which is payable on the purchase price of the property. It is a good time to start looking as prices have come down and there are a lot of motivated sellers in the open market. Developers are also throwing in discounts to entice potential buyers.
Buying a 2nd property requires meticulous financial planning. Please feel free to contact me so that I can provide you with further assistance!
(M) +65 9644 4854
Testimonial from Satisfied Clients (2015/2016)
“Nick is a responsible, efficient and excellent salesperson. He has very good knowledge of the real estate market and I benefitted a lot from his advice and sharing. He is extremely patient when guiding me through the buying process and I am happy to secure a dream house within my budget with his assistance. A highly recommended salesperson who made my house hunting journey a breeze.”
Ms Chia (Buyer)
“Nick provides a delightful customer experience from day one when I engage him as my agent to look for a flat of my choice to the completion of the deal. He is competent, resourceful and has a pleasant manner to work with. He is the Agent of my choice in dealing with properties and I would highly recommend him to others who would appreciate an agent that takes care and can give the customer a peaceful mind.”
“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.”
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) Read More
Congratulations on paying off your HDB!
If you're Singapore Citizen, you can buy a condo without having to sell off your HDB flat. In fact, you can also buy a condo even when you have not fully paid your current HDB.
If you're a PR, you will need to sell off your HDB within 6 months after your condo purchase.
Should you need any 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.
PropNex Realty Read More