8 Answers

Ivan Ng

Yes you can purchase first if your finances are comfortable, however your timeline will be quite tight as you have to dispose both current properties within 6 months of key collection to your next hdb. In current subdued market, it is more advisable to secure a buyer first as it will take some time, furthermore we are speaking about 2 properties for your scenario. It would be ideal to plan out the financial timeline properly together so to ensure a smooth transition, will be glad to do so you have an overall picture of what to expect before committing to anything.

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

Email: Ivanng10@gmail.com
Contact: (+65) 97432395
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(Client's Testimonials)

--- HDB Flat Sellers Uncle "Seng" and Mdm. Png ---

Translation from Mandarin:

We are from the Pioneer Generation, already in our 70s, and have no experience selling HDB flat. As our new BTO is arriving, we considered selling our flat earlier.

We felt he was a patient agent who is willing to hear out our plans and concerns, and explain new HDB selling procedures clearly to us. He is also a hardworking agent who did Roadshows for weeks to create awareness for our unit, and we quickly found a buyer through this avenue.

We also appreciate that he made the extra effort to accompany us down to the Banks and Town Council to help us with the outstanding paperwork procedures, and ensure the sale go through smoothly. Throughout the process, we always felt assured and happy, as Ivan was always professional, accessible and saw things through till conclusion. Ivan will remain as a family friend and we will be glad to invite him over for coffee when our BTO is ready.

--- HDB Flat Sellers Mr. Hayum and Ms. Azizah ---

Ivan has justified our faith in appointing him as our Exclusive Agent. He transacted our unit at 620k, above valuation & highest price ever achieved for our block, within 2 months.

In a slow market, you need a proactive & committed agent who puts the extra effort. Besides advertising in papers & online intensively, he also had personally distributed flyers & spoke to potential buyers in neighboring blocks to increase exposure. Every week there were viewings & feedback.

He actually secured 2 attractive offers but assessed that the 2nd one will be a more smooth transaction. We're glad to have proceeded with his advice for a successful completion. Throughout he was professional and responsive. We wish him a great career and will be happy to recommend his services.

--- HDB Flat Buyers Mr. & Mrs. Lau ---

"As 1st-timer Buyers we had plenty of questions, and were uncertain on how best to proceed. A discussion with Ivan cleared our doubts and our plans could progress quickly. We are comfortable with his working style as he is not pushy, and tries to think from our point of view.

It took us about 8 months & at least 30 viewings to find something ideal, & Ivan was always happy to 'house-hunt' with us, always emphasizing "Don't worry, suit you then buy. Important is that you all buy happy & parents endorse the unit".

Eventually, we got our ideal unit, negotiated below valuation. The financial planning calculations were smooth, breakdown was detailed and schedule of payments illustrated clearly so we know what to expect at each phase.

Every phase of hdb process & timeline was explained in detail & hassle free. If you're looking for an agent who is professional & patient, can give Ivan a call. He values the long-term relationship and looks out for your interests. Thanks Ivan and see you at our housewarming!" Read More


YT Tan (陈永达)
Good morning Sir/ Mdm,

Care to share more so I will be in a better position to advise and assist you in your property plans?

Nevertheless at the back of my mind, I have some thoughts.

There are a few options:

1) buy first and sell both concurrently

- obtain max 80% bank loan
- you must sufficient funds for the downpayment

2) sell both concurrently. commit to the purchase once sale otp for at least of the units has been exercised.

- obtain max 80% bank loan
- even you dont have sufficient funds for downpayment, you can obtain bridging loan for it.

Perhaps we can meet over a cup of coffee to discuss and explore your options so from there, you can have a better idea which option suits you the most.

What time will you be available today?

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Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Senior Associate Marketing Director
Propnex Realty Pte Ltd
Estate Agent no. L3008022J
Blk 480 Lorong 6 Toa Payoh, #10-01/11-01 HDB Hub East Wing, Singapore 310480

(M): +65 9111 5171
(E): yt.tan91115171@gmail.com

Powerful Negotiators
No1 team in Propnex Read More


Robbie Chen Chee Howe

Since the Buyers for your condo have already exercised the OTP, I believe you should have the funds to proceed for your HDB purchase.

Upon your HDB purchase, you will then need to sell off your existing HDB flat within 6 months. You have the choice to do it concurrently too

If you are staying in your current HDB, and you need to do renovation for your new HDB, you can also request for extension of stay.

Should you need any 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


Bhavina Kaur
Good afternoon!

There are a few ways to go about this depending on a few factors such as finances, timeline, etc.

As the market sentiments are weaker now, I would highly advise to get a buyer for your condo first and upon them exercising the OTP, you can purchase a HDB before offloading your current HDB.

When will you be free for us to discuss this in length? It is vital that we go through this entire transaction in detail and know all the important info before we proceed with the next step. Do let me know when we can meet for a non-obligatory discussion and I will advise you what is best for you.

Look forward to assisting you with a hassle-free and smooth transaction for all 3 units.

Bhavina Kaur
ERA Realty

M: +65 9170 8295
E: bhavina7777@gmail.com
W: investbuysellrent.com Read More


Eric 李清海 Lee
existing market condition: nice to sell first, buy later

www.b1b2.info www.cobrokesystem.info Read More


Mark Ng S W

Yes, you can purchase first and you would need to manage your timeline to have a smooth transition. Do contact me at +65 97970200 to discuss further on the best solution for you.

Mark, your RIGHT choice
SRH Read More


Joanne Chia 谢诗琳
Good day sir / madam .

Yes you can go ahead to buy another resale hdb as soon the buyer of your condo exercise their OTP .

There will not be any extra stamp duty penalties or ABSD .

If you needs the funds from the sale of your hdb to finance your resale hdb purchase , you may negotiate for 3 months extension stay ( meaning you still get to stay in your old hdb for 3 months although you are no longer the owner ) . This 3 months extension stay will provide you some time to renovate your resale.

it is likely you will have ample funds from your condo sales , therefore you have a choice NOT to sell off your hdb prior , because you do not need the hdb funds for your resale hdb purchase .

you can sell your hdb latest by 6months AFTER collecting key to your resale hdb , thereby giving yourself ample time for home renovation AND less hassle because eventually shift once only after renovation completed .

Kindly contact me for a no-obligations chat for your property needs .

my charges are 1% commission for exclusive selling rights to your hdb and condo , or 2% for open listing .

Thank you .

Joanne chia
Hp 8333 3327 Read More


CK Ang
Yes, you can buy a resale flat once the OTP is exercise. I would suggest do up the financial plan and time line plan on the whole process. Please drop me an email for me to details.

To assist and advise you more in details, kindly drop me an email for me to share.

I am contactable at my mobile or email.

CK Ang
9046 3808
res.ckang@gmail.com Read More