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Hi Sir/Madam

Selling your HDB:
1) Have you fulfilled 5 years MOP of your HDB? If yes, then can proceed to sell

2) Steps in selling
- Appoint agent to market your unit, I will be glad to assist on this
- Are you in Singapore now? If yes, I will be glad to meet you to discuss the marketing plan and pricing strategy
- After that I will proceed to market your unit in online portals and propose to buyer on hand.

3) Pricing Strategy
Selling price will be depend on level, facing, condition of unit, etc
Appreciate if you can contact me at (65) 96608508  with details of your unit so I can advise accordingly

4) Cash proceed will be selling price minus outstanding loan minus CPF return
For selling there will be no seller stamp duty (tax and duties) if you own the property for minimum 3 years.
Other charges will be lawyer fee, agent fee, bank redemption fee (if any), HDB resale submission fee, etc

5) I will be glad to assist finding the right buyer

Do you need the cash proceeds from your current house for the new house?
This will determine whether to sell first or to search for new house first.
Sell and buy can happen concurrently as well with very careful timeline planning.
I just assisted my client who have similar concern

Buying a condo:
1) For PR 1st Property, Based on $1 mill, and assuming loan is 75%
5% Cash = $50,000
20% Cash/CPF = $200,000
BSD (Cash/CPF) = $24,600
ABSD (Cash/CPF) = might apply
Legal fee = $2,500 (estimated)
Please contact me at (65) 96608508  and I can share the breakdown for this calculation including timeline.

2) Do you intend to take loan for your purchase?
If yes, Before shortlisting project/unit, I will suggest to check your in principal approval of your loan from banker.
I can connect you with reputable banker for this, free of charge and no obligation.

3) How many bedrooms are you looking at and which area you prefer?
I have current price list, promo of every projects in Singapore and will be glad to advise you
I will be glad to assist, no agent fee from private property buyer

I hope the above clarifies, please feel free to contact me at (65) 96608508  so I can explain further
I have assisted many of my clients to upgrade from a HDB to a private new condo smoothly and will be glad to assit you as well
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 Read More

Hi,

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, there is no stamp duty payable in your case.

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

Hi,

If you purchase the condo after you had sold the HDB flat, you will incur 5% ABSD as it is deemed to be your "first property".

If you purchase the condo before you sell your HDB, you will incur 25% ABSD as it is consider your "second property". You will not be able to claim any ABSD refund even after you had sold you HDB later.

Hence, it is advisable to plan both your sale and purchase Timeline properly, to avoid unnecessary costs.

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

Hi,

1) Once you sell your HDB flat, and buy your condo. The condo will be considered as 1st residential property owned in Singapore.
2) You are subject to 5% ABSD for the 1st residential property in Singapore.
3) Note that if you offer for an OTP of the condo before selling your HDB flat, you shall be subject to the 25% ABSD on the condo, because this will be considered the 2nd residential property in Singapore.
4) You are not able to claim the ABSD after selling your HDB flat later.

Hope the above answer 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
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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