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Good morning Elson,

You can approach your HDB branch office and apply to sell before MOP. It will be based on a case by case basis.

If not if you need to unlock funds from existing HDB to pay the initial outlay, you can start to market your unit 1 to 2 months before MOP then ink on OTP in Feb 2017 if you manage to secure a qualified buyer.

Do take note that you will be subject to resale levy if you are a second timer.

Hope my sharing is beneficial to your upgrading plans.

May I know how can I continue to value add in your upgrading?

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Vice President (Agency)
R043025D
Property Avenue Pte Ltd
Estate Agent no. L3010650D
Blk 420 North Bridge Road #03-30 North Bridge Centre S188727

(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W):www.yttan.com Read More

Hi Elson,

To sell within MOP period, you need to approach the hdb branch office for appeal, approval on case by case basis. Will be glad to assist with the appeal process. Do you need the sales proceeds to fund the EC purchase? Please note a resale levy applies for Westwood Residences. ERA is directly involved as the marketing agency, hence we can get your the best value deals. Thanks and hope to value-add to your plans further.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

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

Hi Elson,

You'd need to appeal to HDB, but it's on a case-by-case basis, and you'd a pretty compelling reason to get it usually; otherwise, you can just wait till the last quarter of the year to start marketing your unit.

On a side note, if you're going to be charged a resale levy, so consider Lake Life @ Yuan Ching which is in the vicinity, as there wouldn't be any resale levy.

Feel free to contact me at your convenience, and we can carry on from there.

Thanks and regards,
Teck Chuan, Ng
BBA (Finance), NUS
ERA Realty Network Pte Ltd
Mobile: 9137 4602  Read More

Hi Elson,

1. You may wish to write in to HDB to appeal. HDB grants approval on a case by case basis. If your reason is genuine, there is a chance that your MOP period will be waived.

2. I have assisted a few of my clients to appeal to HDB. Please feel free to contact me if you need further assistance.

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nicktan@propertyavenue.com.sg / nick96444854@gmail.com
(W) www.nick-tan.com / www.propertyavenue.com.sg

Testimonial from Satisfied Clients (2015/2016)
“We are very grateful to Nick for his extensive marketing efforts. With his comprehensive marketing plan, he helped us to achieve a record selling price within 2 weeks of listing our property for sale! We highly recommend his service to anyone who is keen to sell their properties.”
Mr & Mrs Wong (Property Seller)

“Nick from Property Avenue has conducted himself ethically and professionally when handling the sales of our property. Thanks to his patience and perseverance, we managed to secure a sales price beyond our expectations.
We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
Mr & Mrs Tan (Seller of Inter-Terrace House)

“Nick is a responsible, efficient and excellent salesperson. He has very good knowledge of the real estate market and I benefitted a lot from his advice and sharing. He is extremely patient when guiding me through the buying process and I am happy to secure a dream house within my budget with his assistance. A highly recommended salesperson who made my house hunting journey a breeze.”
Ms Chia (Buyer of HDB)

“Nick provides a delightful customer experience from day one when I engage him as my agent to look for a flat of my choice to the completion of the deal. He is competent, resourceful and has a pleasant manner to work with. He is the Agent of my choice in dealing with properties and I would highly recommend him to others who would appreciate an agent that takes care and can give the customer a peaceful mind.”
Susana (Buyer of HDB)

“Nick is very pro-active in helping us to resolve whatever questions and problems that we encountered. All the issues are settled even before us having to request or ask for a second time. He was very frank and transparent with all the details, limitations and advantages that we wouldn’t have known. I think this is the most important virtue to be successful in this line. I will surely recommend him to anyone who needs his service because I trust that they will be equally satisfied!!”

Mr and Mrs Chan (Sold and Bought a property through Nick) Read More

Good afternoon Elson,

Sincerest apologies for the late reply as Propertyguru doesnt prompt me when there's any reply to my post.

By the way, you are absolutely right that you have to find temporary accommodation while waiting for construction to be completed if you have to sell to unlock funds to finance this purchase.

But doing so, you have to weigh the pros and cons if you sell early.

If you sell early, you can choose your ideal unit which is beneficial to you in the long term while short term, you might have to incur rental for a longer period unless you can bunk in with your relatives.

If you sell later, you might miss out on your favourite unit but save abit on the rental.

So the call is yours, Elson.

Probably you can share more with me so I can value add further in your upgrading plans. Cheers!

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Vice President (Agency)
R043025D
Property Avenue Pte Ltd
Estate Agent no. L3010650D
Blk 420 North Bridge Road #03-30 North Bridge Centre S188727

(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W):www.yttan.com Read More

Hi Elson,

Re: Our Preferred Experienced SG Professional

Recommend that you met the MOP then decide whether you can still keen in the EC available in the market.

Still have a year to wait :)
Call me now, we can explore further in detail.

I am contactable at 92222389  or onassis@sgrealtor.com.

In all Areas of Singapore. Sale/Buy/Lease/Rent, Please call and/or drop me an email me. I’m always at your Services.

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