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Hi, I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Hope to hear from you soon and have a great week ahead. Upon purchasing and collecting the keys of the resale HDB flat, you will have to sell off the EC.

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

Hi Myat Zaw Hein,

If you have met the minimum occupation period of your EC, you may purchase a private condo or resale HDB, however do take note that should you opt to purchase a resale HDB, you will be required to relinquish your ownership in the current EC within 6 months from purchase.

For purchasing of a private condo, Additional Buyer's Stamp Duty will be applicable if you retain ownership of the current EC, and maybe applicable even if you relinquish ownership of the current EC, depending on your citizenship and if you are purchasing it with your spouse who is a Singapore Citizen.

Do you require any further explanation? Feel free to get in touch with me if you have further questions.

I have been in the real estate business since 2009, with more than 10years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.

We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!

Warmest regards,
Geryl Lim
Associate Deputy Group Director
Salesperson Registration No. R014783H
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
[main] +65 6471 8888  [mob] +65 81577565  [LDA] +65 92787772 
www.geryllim.com
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Landed Dynamic Alliance
Home of *7772 Hotline
Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ http://l.ead.me/7772 Read More

Hi,

Yes you can, as long as you have fulfilled your 5-year MOP for your EC.

However, do take note that you should you purchase a HDB resale flat, you will be required to dispose off all interests in private residential properties (both local and overseas) latest within 6 months upon your HDB flat purchase. This includes your current EC.

If you were to purchase another private condo, TDSR and LTV applies. You will also incur ABSD as this will be considered as your second residential property purchase.

If you're looking at the option of owning 2 properties, but at the same time also wish to enjoy savings, I do have a plan for you to consider.

I am experienced and well-versed in both private and HDB resale transactions. I will be able to assist you in your housing plans. Please get in touch with me for further 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 Myat Zaw Hein

If you own a resale EC, you may buy a private condominium. However, if you bought a new construction EC, you will need to meet the 5 years MOP. You can buy a HDB resale if you meet your EC MOP or if its a resale EC. However, if buy a resale HDB, you will have to dispose of your EC within 6 months of purchase.

If you buy a private condominium, Additional Buyer Stamp Duty (ABSD) will apply if you intend to hold on to your EC.

ABSD will also apply if your residency status is not a citizen.

If it seems confusing, you may text 9620 0827  for assistance in your purchase.

Gavin Read More

Hi Sir
If you are referring to resale EC or the EC has reached 5 years MOP, you may purchase another private property subject to ABSD just like any other multiple property owners. For HDB, most of those that managed to retain their HDB despite owning a private property has bought their HDB before purchasing a private property. For private property owner like yourself, you need to sell off your EC within 6 months of purchasing a HDB resale. You may then purchase another private property after your resale HDB has met its's 5 years MOP. Do contact me at 93375051  for a free and non obligatory discussions on property issues.
Regards
Taufik Hussein
ERA Realty Network Pte Ltd Read More

Hi Sir,

If you own an EC currently, you will be able to buy another condo while holding on to your current EC. However, you will be subjected to the Additional Buyer Stamp Duty.

If you were to purchase a resale HDB, under the current rules, you will need to sell off your EC within 6 months of the purchase.

Please feel free to contact me if you need any further assistance!

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

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)

“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.”
Susana (Buyer) Read More

Hi Sir,

If you are owning an EC now (5 years MOP done) - you will be able to buy another condo while holding on to your current but ABSD will apply. If you proceed to purchase a resale HDB, under the current rules, you will need to sell off your EC within 6 months of the purchase.
I have handled the sales of myriad of units, HDB to private - 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 unit 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.

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@ www.kumarrai.com.

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 2015 Q1 Top Achievers (Top1%)
ERA Top Achievers 2013-2019
ERA Multi-Million Dollar Club Award
2014 ERA Asia-Pacific Business Conference Elite Award

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Overall Top 100 achievers 2014-2019 Read More

Hi Myat, do contact me at 97970200  to discuss more

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Propnex Read More