AskGuru Q&A Community

Hi Fadz,

I have transacted a few units with owners and homebuyers exactly in your scenario.

There are quite a number of ways we can proceed the main issues would be the timeline and the initial downpayment.

It would be good if i can have more info on the EC that you are looking at, is the EC still under construction or it is ready for occupation ?

I believe that you would have other enquiries as well, it would be best if we can have a short discussion to clarify them.

Do give me a call at 9386-0900  and i will do my best to assist. Alternatively, you can reach me via email at kelvin.ngcj@orangetee.com.

Thank You Read More

Hi Fadz,

Yes, we can time the transactions right. Most probably you need to sell your executive flat first.

If you are looking for an agent to assist you, I will be glad if you could give me this opportunity.

Feel free to contact me if you need my assistance.

Thanks and Regards
Johnny Goh
R018297H
Group Director
DWG Ace Division
Dennis Wee Realty Pte Ltd
Mobile: 90906267 
Email: johnnygohmh@dwg.com.sg
Website: johnnygohproperty.com Read More

Hi Fadz,

Of course all salesperson can do the job. My concern is where are you going to put up at after selling. It could be another 3 years wait for the EC to TOP and move-in for you, therefore are you prepared to be on rental for the next 3 years or so? Or do you have alternative accomodation confirmed? Alternatively, would you be considering purchasing a resale EC such that you may explore using the bridging loan option for the downpayment and yet continuously have roof over your head without going in rental.

I have handled a few similar transactions and am currently handling another similar transaction.

Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565 
Email: lim.geryl@yahoo.com.sg Read More

Good day Fadz,

I have good news for you! I am the perfect agent to solve your concerns!

I would like to inform you that i have done the following ECs:
-Esparina residences
-Prive
-Riverparc residences
-Blossom residences
-Belysa
-Austville
-Arc at tampines
-Rainforest
-Twin waterfalls
-One Canberra

I have transacted more than 50 EC & DBSS units and you are not alone; quite a fair share of 2nd timers faced similar concerns.

-Is selling your unit to get the 15% your only option?

-Are you aware of deferred payment scheme?

-Are you aware you can opt for bridging loan?

-How about additional legal avenues?

-How about concurrently marketing and waiting for upcoming EC launches like the new, Hougang, Punggol, Woodland or Sengkang EC?(i have the preliminary details already)

Contact me at 9858 6078  for assistance!

Cheers,
Victor Ho
ERA Realty Network Pte Ltd
 9858 6078  Read More