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Hi,
Please feel free to contact me, I will try to clear your doubts.
Thanks
Bala@Orangetee.com
 92977650  Read More

Afternoon Mr. Nair,

1) I have sold HDB units in Holland and Queenstown area which are built in 1974 but still selling like hot cake. It's more on the location of your unit, facing and condition that attracts buyers.
2) For SERS to take place, there must be available space for new units to be built. Depending on where you unit is, the current possible alternative relocation might not even attract you at all. Furthermore, waiting for SERS to take place might be quite a long wait. When your unit's market value is high, your purchase price will not be too low either.
3) Resale ethnic quota will vary from time to time. There might be more chinese seller this month where their units are taken by muslim and indians. This in-turn change the ethnic restriction in the coming month.
4) Ethnic restriction is only applicable for resales.
5) Under the current ruling, if you are SC, you are eligible to keep your HDB and purchase private property. You are also eligible to stay in your private property and opt to rent out your HDB. However, if you are PR, you are eligible to purchase private property, after MOP, but you are required to sell away your HDB unit within 6 months from key collection.

Regards
Mike Lim
 96929209 
ERA Read More