8 Answers

askguru expert
Greetings from Property Guru

We will normally advise our clients and friends to start the selling process first. The reason being is you are looking for someone to pay your price and agree to your terms.

Normally for selling and buying together you will be rushed on one side. I rather be rushed on the buying side then the selling side

If we are helping you to sell your unit, we can create buffer (in time) for the sale of your unit.

There’s a timeline we will need to be mindful of.

We would need to do a full financial plan and timeline to advise you fully. This can be done with a non-obligation meet up just for us to share some ideas with you.

Do drop us a call or message, my team and I will be able to assist you in all your property needs. Let us access your current situation and give you solutions and suggestions.

Associate Division Director
ERA Realty Network Pte Ltd
Contact: 9139 9966
Whatsapp: https://wa.me/6591399966
https://www.propertyguru.com.sg/agent/andrew-nair-192962 Read More


askguru expert
Hi there,

Given the two scenarios, these are the factors you should consider.

1. Buy HDB First
First to note, you will have to sell off your private property within 6 months of your HDB purchase. When purchasing your HDB first, you will need to have the necessary funds ready in cash or CPF. As you are purchasing a HDB, you will be able to get the full 75% loan from banks or 90% loan from HDB even if you have an outstanding loan on your current property. To top it off, ABSD WILL NOT be taken into account.

2. Sell Private Property First
This may be a more conservative approach for many as you do not have to rush to sell and can fully utilise the cash proceeds you receive for your HDB purchase. On the other hand, you may have to explore the option of renting another property while we look for your next home. With a well-planned timeline, you can still comfortably transit from your private property to your HDB.

Feel free to reach out if you require further clarifications:
ERA Senior Marketing Director
https://www.propertyguru.com.sg/agent/tjhai-c-tj-592484 Read More


Ivan Ng

It depends on whether you need the sale proceeds to fund the purchase price of the next HDB. If so, the sale completion of condo must be before the purchase completion of HDB, so to allow the sale proceeds to return first.

You can purchase the resale HDB first if your cash + CPF OA + loan is able to cover the full purchase price of the HDB and stamp duties. However do note that the condo will be required to be sold within 6 months after key collection to the resale HDB.

I have assisted various clients with similar scenario and will be happy to share the best approach. 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.

Warm Regards,

Ivan Ng Realtor
ERA Senior Marketing Director
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Aaron Chong
Hi X,

I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead. By the way, most owners would find an interim place to stay first after selling their property while still waiting for the key to their new property.

Aaron Chong
9730 8455
aaronchong2774@yahoo.com.sg Read More


Robbie Chen Chee Howe
Hi X,

If you the sufficient funds for the HDB flat purchase, you can choose to purchase the flat first, and then sell off your condo within 6 months upon the completion.

Should you require the sale proceeds of your condo for the HDB flat purchase, then you will need to plan your Timeline as such that the sale proceeds can come in in time for your HDB purchase.

Timeline planning is also very important if you wish to avoid the hassle of having to shift house more than once.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

Should you need require 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.

Thank you.

Best regards,
Robbie Chen
9748 6305
PropNex Realty Read More


Joanne Chia 谢诗琳
Good day sir / madam .

You can buy hdb first , sell your private property later , but latest within 6months after collecting key to your hdb , in addition you need the downpayment , 10% downpayment if loan from hdb board loan , or 25% downpayment if bank loan , plus 3% stamp duty and legal fees etc , in addition , need a job to qualify for the loan for the remaining amount .

Or sell your condo before buying a hdb if you want easy cash flow or easy payment .

Kindly contact me joanne chia at hp 8333 3327 for a no obligations chat for your property needs.

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

Joanne chia
Hp 8333 3327 Read More


Nick Tan
Dear Sir/Mdm,

Selling your private property first or buying of the HDB first are both possible options. As to which is a better one, it depends on your situation. Buying a HDB only requires a sum of $5,000 as deposit and the rest of the payment can be paid during the completion of the purchase.

Purchasing the HDB will allow you the flexibility in timeline as you will have sufficient time to renovate and move, however that will also mean that you may not be able to use the sales proceeds and CPF refund from your sale to finance the purchase.

I have assisted many of my clients to time the sale and purchase process concurrently so that they can minimise their cash outlay and transit smoothly and seamlessly from one property to another. Please feel free to contact me so that I can understand your full situation before proposing the best option for you.

Nick Tan
(M) +65 9644 4854
B.Eng(Chemical)(Hons)(NUS) / Cert-in-REA
(E) nick96444854@gmail.com
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Ling CK
Hi X,

1) I'll assume you are an SC so as to streamline my answer.

2) You will need funds for the down payment on your purchase:
(a) HDB loan: min 10% down payment, max 90% LTV
(b) Bank loan: min 25% down payment, max 75% LTV. 5% must be in cash, 20% can be cash and/or CPF.

3) Both options of buy first sell later or sell first buy later are feasible. There is no ABSD involved for both options.

4) Using Buy first sell later, you have up to 6 months to dispose of current private property.

5) Suggest checking out which financial assistance you prefer if required before working on others.

Hope the above answer to your main concerns, but if there are more query, please feel free to contact me at 90110636, or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK

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