5 Answers

Gavin Ng

You may text 9620 0827 for a casual chat.

Warmest regards

Bhavina Kaur
Dear Sir/Mdm,

That is one way to go about it but it's more hassle.
The other way is to concurrently sell and buy. I understand it might sound daunting to sell and buy at the same time, but I am very experienced in doing this and managing the timeline.

In fact, I just assisted 1 client last week with the same thing. I sold their HDB and they concurrently purchased a condo, without having to pay ABSD. Despite it being done concurrently, they will still have about 2 months to get any needed renovations done for their condo and move in before they need to handover their HDB unit.

You may contact me for more details and I will be happy to assist.

Bhavina K
ERA Realty

+65 91708295
Whatsapp: wa.me/6591708295
Silvia Yang
Hi Sir/Madam

It can happen concurrently as well with very careful timeline planning.
I just assisted my client who have similar concern

Appreciate if you can contact me at (65) 96608508 with details of your unit
or click here https://bit.ly/WaSilvia to whatsapp me for no obligation discussion
Thank you.

Warmest regards,

Silvia Yang

Senior Marketing Director
ERA Realty Network Pte Ltd
Mobile: (65) 9660 8508
Email: Silviayang8@gmail.com
Nick Tan
Dear Sir,

It is recommended to sell first and stay in an interim housing as a way to avoid paying the ABSD,. ABSD is a significant amount and with the lower LTV, it means that you will need to fork out a significant amount of money if you do not want to sell the HDB first.

I have clients who paid the ABSD first and claim back later as they do not want the trouble fo moving. This is possible as well if you have enough funds.

Please feel free to contact me so that I can understand your situation and objectives better before recommending you the best options moving forward.

Nick Tan
(M) +65 9644 4854
(E) nick96444854@gmail.com
SEAA Salespersons Achievement Platinum Award 2020
Visit my website to know me better: www.nicktan.com.sg

I was featured recently on Council for Estate Agencies (CEA) Newsletter:

I have written a guide on buying Residential Property:

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Robbie Chen Chee Howe
Hi Sir,

Yes, if you require the sale proceeds for your condo purchase, or do not have sufficient funds for downpayment and stamp duties, you will have to sell your flat first before purchase the next condo.

If you're looking to purchase a resale private condo, you can actually plan the Timeline accordingly, so there is no need for you to rent temporary. You can also avoid the hassle of having to shift house more than once.

However, if you're looking to purchase a new launch development that is still building, you might have to rent a place after the sale of your HDB flat.

If you have a valid reason to move, you may also wish to write in to HDB to request for an early waiver of MOP. If you're successful in your appeal, you can fast-forward your upgrading plans.

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

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