6 Answers

Aaron Chong
Hi, for HDB dweller who are upgrading to an EC, no ABSD is required.

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

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Gavin Ng
Hi

For HDB upgrader, there is remission for the ABSD. However, you may be liable for the resale levy if you have bought your HDB flat direct from HDB or have taken the housing grant.

You may text 9620 0827 should you have further question. Attached a link for your reference. https://tinyurl.com/y39sn9gp

Gavin Read More

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Ivan Ng
Good afternoon,

For hdb upgraders to new EC, no ABSD is required as it is understood that the applicants need to sign an undertaking to sell away your HDB after the EC is ready.

The main constraint for hdb upgraders to new EC purchase is usually the downpayment. Would you need the sale proceeds to fund the downpayment? I have worked on similar cases before and will be happy to assist further.

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 Top 600 Achievers in Year 2017 (Top 10%)
ERA Top 300 Achievers in 3rd Quarter 2017 (Top 5%)
SMU BBM (Finance), Magna Cum Laude
Proactive. Sincerity. Feedback.

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Email: Ivanng10@gmail.com
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(Client's Testimonials)

**Note: We are not prompted when you respond here, hence please get in touch directly. Look forward to hear from you soon! **

-- HDB BTO 4rm Sellers Mr. Farvin & Ms. Sel --

Ivan was the first agent that we met up with and right from the offset we had good vibes as he has a friendly personal approach, detailed working style and focuses on building the long-term relationship. He is a committed professional and has fast execution, so we felt assured that things are done well and we can entrust the sale process entirely to him.

We're looking to find an investment property next and will be glad to work with Ivan again for the long-term to restructure our property portfolio. He has become a friend now, and we are most happy to recommend his professional services to our loved ones and friends.

--- HDB Flat Upgraders Mr. & Mrs. Lee ---

We decided to engage Ivan as our agent as we were impressed with how he answered all our enquiries. He has helped us to find our ideal unit and also sold our current unit. He was very patient and never pushy when we were looking for our ideal unit. He would tell us that it is always important to find a unit that we really liked. Thanks Ivan! :)

-- Sellers of Exec Maisonette Gaffoor & Isha --

Buying or selling property is a big decision, as we wanted to make sure our agent is someone we can trust, get in touch with, and approachable. Ivan certainly fits the bill. He was available anytime of the day to answer our queries and was with us throughout the process. We have no reservations in recommending him.

-- HDB BTO 4rm Sellers at Sengkang, Jonathan & Abigail --

By faith, we signed the contract with Ivan and in less than two weeks time, we opened our house for the first and the only viewing, days later the OTP was signed! Thank you for all your excellent diligent services and all the professional advise!

-- HDB upgraders to New EC owners Mr. & Mrs. Goh --

My unit was marketed by another agent back in Q3 2017 and after more than 3 months, there wasn’t any offer. I almost lost hope and thankfully I made the right decision to switch to Ivan. Through his hard work, perseverance & commitment, my unit was sold by Q1 this year. Would definitely recommend Ivan’s services to any potential sellers out there. Read More

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Silvia Yang
Hi Sir/Madam

There is remission for the ABSD
I will be glad to assist you

I won't be able to contact you first as I do not have your contact, appreciate if you can contact me at (65) 96608508 or Silviayang8@gmail.com to receive an update of new launches EC
or click here http://bit.ly/2tzIQ1a to whatsapp me for no obligation discussion
Thank you.

Warmest regards,

Silvia Yang

PropNex Realty Pte Ltd
Mobile: (65) 9660 8508
Email: Silviayang8@gmail.com Read More

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Robbie Chen Chee Howe
Hi,

Good news for you! ABSD is not applicable should you decide to apply for a new EC.

However, a resale levy is applicable as a new EC is considered a second "subsidized housing". For your 5RM HDB flat, the resale levy payable would be S$45,000. Take note that resale levy has to be in form of CASH, after you sold your HDB flat.

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

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Tan Pei Cheng
Hi,
For your case, No ABSD is applicable.
Feel free to contact me @ 97100155
Pei Propnex Read More

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