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Hi Sir,

You can choose to purchase a condo for your child as a gift if he/she is above 21 years old. If he/she is working, she will able to take a loan too.

If your child is under 21 years old, you could purchase the property under Trust for your child. However, do take note that for property purchased under Trust, it must be in full Cash. No loan or CPF usage is allowed.

I am experienced and well-versed in both HDB resale and private transactions. I will be able to assist you in your property plans.

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 If your child is not listed as essential occupier then you can proceed to purchase anytime. Do note if your child is under 21 years old, purchase under trust would be full cash.
Do contact me at 97970200  to discuss more

Mark, your RIGHT choice
Propnex Read More

Dear Sir,

In your case, you may wish to purchase the property under a trust. However, for trust set up, you will not be able to secure a loan or use your CPF for the purchase and selling it in the future may be subjected to certain conditions.

Please feel free to contact me so that I can understand your needs and objectives before I give you more informed recommendations on how to structure the purchase.

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
Visit my website to know me better: www.nicktan.com.sg

I was featured recently on Council for Estate Agencies (CEA) Newsletter:
http://bit.ly/CEAnews

I have written a guide on buying Residential Property:
http://bit.ly/buypropertyguide

Testimonial from Satisfied Clients
“Nick is a responsible, efficient and excellent salesperson. He has very good knowledge of the real estate market and I benefited 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.”
Susana (Buyer)

“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

Hi;
If your child is above 21yrs old and you would like to buy a property for him/her as gift, then you dont have to wait for 5 yrs MOP ( provided their names are not as Occupiers of the flat).

But if they are below 21yrs old and you are buying under Trust, then yes, you will need to fulfil the 5 yrs MOP(unless you are not the Trustee to the purchase ). There are more implication to this for purchasing under Trust, so please do contact me for further discussion as i'm unable to contact you via here. Thanks ..

Regards;
Lyna Song
 9623 8442 
Associate Group Director
Propnex Realty Pte Ltd
lynasong@hotmail.com
https://wa.me/6596238442 Read More