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Dear Sir/Mdm,

Yes it is definitely possible to minimise the amount of ABSD to 5% as long as we time the sale and purchase concurrently with the sale first and immediately followed by the purchase.

Besides avoiding the higher tier ABSD, we must also plan and ensure that you can minimise your cash outlay as well as transit from your current place to the next one smoothly and seamlessly without the need to find an interim place to stay.

I have assisted my clients in similar situation to upgrade smoothly and will be happy to give you an overview of the process. Please feel free to contact me so that I can gather more information from you and assist you better!

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS) / Cert-in-REA
(E) nick96444854@gmail.com
SEAA Salespersons Achievement Platinum Award 2020

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 Satisfied Clients
“I would like to recommend Nick Tan from SRI. Before we engaged Nick, we were working with another agent from a very popular property agency in February 2017. We decided to terminate the contract after 5 weeks of zero viewings and no paper advertisements. Basically he was just waiting for phone calls. We engaged Nick on 20th April and by 10th of May, our unit was sold off. Why Nick? 1. He has good marketing strategies 2. He always kept us posted on what he did (communications!) 3. He made sure we understand the current market situation but he will consistently reassure us that the unit can be sold off 4. He is not greedy and trusting 5. He walks the talk”
Peter & Wendy (Property Seller)

I write to commend Nick Tan (R040814C). When my husband and I first met Nick, we were impressed by his drive, commitment, business acumen and strategical thinking, and decided to engage him. We were not disappointed. Nick sourced for prospective quality buyers in a targeted methodical fashion and was effective in connecting us with serious buyers, notwithstanding the fact that the search primarily took place over Dec – Feb (a traditional lull period). Throughout the transaction, he also gave us helpful advice in various aspects; the advice reflected his personal experience and expertise and was not simply regurgitated from public sources without any value-add. Further, Nick went beyond the call of duty of a competent professional. He had a sense of humanity in the way he interacted with myself and the other parties to the transaction such as my parents. As an example, my newborn daughter was warded into A&E on the completion date of the transaction; the care and concern that Nick showed went beyond the scope of work of an estate agent. I commend Nick for his capabilities and character, and would certainly wish to engage him for future property transactions.
Weilun & Benita (Property Seller)

“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

Hi Do contact me at 97970200  to discuss on your plans, timeline and process

Mark, your RIGHT choice
Propnex Read More

Hi,

Yes it is better to have get the exercised OTP of your current condo done first before getting the exercised OTP of your next property. This is to minimize the ABSD payable as for PR families there are no ABSD remission.

I have helped similar clients with similar scenario. 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
ERA Diamond Achiever

ERA Top 11 Achiever in June 2020 (Top 1% Company Level)
ERA Top 91 Achiever in 2nd Quarter 2020 (Top 2% Company Level)
ERA Top 15 Achiever in April 2019 (Top 1% Company Level)
ERA Top 86 Achiever in Sept 2019 (Top 2% Company Level)
ERA Top 510 Achiever in Year 2019 (Top 8% Company Level)

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

Contact: (+65) 97432395 
Email: Ivanng10@gmail.com
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-- EC Sellers, Private Property Buyers Dr. Chan & Ms. Xie --

I would like to compliment Mr Ivan Ng for his professional work and effort.I sent my first post in Jan 2019 and Ivan replied promptly, so I have decided to contact Ivan for follow up. My EC was not ready for sale due to MOP (another 3 months from Jan) at that time and Ivan was able to give me advices on how to proceed from there. Initially we have decided to try to write to HDB for early sale but since it was only 3 months left, eventually we waited for another 3 months while we looked for our next property. Ivan was able to arrange for new property showroom appointment at a timely manner while helping us to list for our EC for sale. We were a bit worried when our EC sale time was longer than expected due to trade war, but Ivan was able to reassure us that our EC would sell. By November, he managed to secure a buyer for our EC. Thank you.

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-- HDB Jurong West 5-RM Sellers, Exec Apartment Purchasers, Lenz & Michelle --

We would like to thank you for ensuring a smooth and well-explained process throughout the whole selling and buying of our property. We got to know you thru Property Guru, where we are scouting for condo around West area. We remember that we are quite tight in our budget in purchasing the condo unit,but you are still very willingly explaining and calculating our financial liabilities. You are always having your smiles whenever we met for discussion.

We appreciated your process of selling and buying of our property are very systematically and well executed, from financial calculation to the purchase procedure of our new house. We are always being updated thru our group chat during the engagement of your service.

We would never expect such a smooth sailing experience of selling and buying of property. Your professionalism in work will definitely be remembered and rewarded. All the best in your property venture! Read More

Hi Sir/Madam

It can happen concurrently as well with very careful timeline planning.
I just assisted my client who have similar concern

I will be glad to assist finding the right buyer as well
I am currently serving investors who are looking to buy private property, hopefully can match with your unit

Appreciate if you can contact me at (65) 96608508  with details of your unit
or click here https://bit.ly/WaSilvia to whatsapp me for no obligation discussion
Thank you.

Warmest regards,

Silvia Yang

Senior Marketing Director
ERA Realty Network Pte Ltd
Mobile: (65) 9660 8508 
Email: Silviayang8@gmail.com
www.facebook.com/SilviaProperty Read More

Dear Buyer,
The best and easiest way to upgrade is to sell first and buy later. Whilst you are selling, you can put in a clause that you want to stay for an extra 1 or 2 months, so that you do not have to move to a temporary location whilst renovating your new property, if at all. this way you pay the no more than the 5% as a PR.

One the OTP is exercised, you can commit to a new property, renovate it and move in with the least hassle. I can arrange everything nicely.

Please contact me at your earliest convenience so that I can assist you.
Cheers!

Elan Govan
MABA (Lancaster)
Huttons Asia P. L.
 90170747 
www.goodpropertiesguide.com Read More

Hi Sir,

Yes, it is possible. You will need the Buyer of your condo to exercise the OTP before you exercise the OTP for your purchase to avoid paying the ABSD for second property.

If you need the sale proceeds from your current property for your next property, or that you require up to 75% loan, you will need to plan your Timeline properly too. With proper Timeline Planning, you will also avoid the hassle of shifting house more than once during this transition period.

I am experienced and well-versed in 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

Hi there,

Thank you for your query!
I would be glad to assist. I have handled the sales and upgrade of myriad of units - having also transacted an EM unit in Bishan at a record price which was published in the National Newspaper (article on website).

If you would like assistance in this matter, please do contact me for a discussion for me to advise you further and share in depth price analysis details on your block and surrounding vicinity (capital % gains). More details on your end will enable me to churn out a more comprehensive, exact and thorough financial calculations with exact figures. Furthermore, I would be able to share more on the varied marketing strategies and mediums through which your property might get maximum exposure as well as study the recent up to date transaction caveats of similar sized units in vicinity and hence, present a sales and elevation report to advise further. There are many marketing techniques -online (number of Portals) , physical means ( professional photography /videography) and highly crossed networking with other agents to refer their clients. It is an intricate yet streamlined process. With proper timeline planning and milestones charted out, it is possible to do a simultaneous selling of your existing one bedroom condo and concurrently buying a two bedroom condo.

Employing a seasoned agent will get you in return- sincere 100% commitment, succinct coordination of viewings, extreme grip and control on price and avoidance of price wars and ill practices. Do Visit my website for my recent accolades and testimonials.

D Kumar
 +65 96659926 
ERA Associate Division Director

#1 team of ERA in Singapore, Asia Pacific International for 2014/5/6/7/8/9

ERA Top 300 Achievers 2015-2020
ERA Preeminent Group Top 100 2015-2020
ERA Multi-Million Dollar Club Award
ERA Asia-Pacific Business Conference Elite Award Read More