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Hi Ken, do contact me at 97970200  to understand and discuss more

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Propnex Read More

Hi Ken,

This platform does not allow us to contact you directly so kindly contact me at 97261112  I would be glad to assist you further
Thank you and best regards,
Jenny Tran
Propnex Realty Pte Ltd
(HP) +65 97261112 
Whatsapp: https://wa.me/6597261112
(Email) jenny.tran@propnex.com
BSc (Real Estate) (Hons)-NUS

Testimonial from Satisfied Clients
-- My husband and I wish to commend the sincere attitude and good customer service rendered by your staff Jenny, who handled the sale of our 5R HDB flat early this year. We have met several agents but none as genuine as Jenny. Being a seller agent, she took our interest at heart in handling the sale, unlike other agents who are self-interest. Jenny is punctual and prompt in the whole dealings and we were convinced that such an agent is hard for find nowadays. Jenny is a trustworthy, honest, sincere and hardworking agent. We are happy with her service and would gladly recommend her to our friends in future. Jenny is an asset to Propnex and the organisation should value her. Thank you Jenny for her efforts--
Mr and Mrs Soo (HDB seller)

--Jenny is very committed and responsive to her clients and she has spent hours updating them and looking out for great deals and even tailor-made property proposal geared towards their needs. Will certainly refer her to others and will definitely approach her again in her future--
Nick and Kim (New launch buyer)

--Jenny did a great job helping my wife and I sell our unit. She took active steps to walk our neighbourhood to understand what she was marketing. During the marketing period, she managed potential buyers and provided timely updates and recommendations so we could stay on top of the process. Overall, Jenny was professional and helped us to achieve a positive result which we are very thankful for--
Aaron ( HDB seller)

--Jenny was very passionate and went the extra miles to help. Thanks to her professional advice and recommendations, I had finally found my dream home--
Yvonne (New launch buyer)

--Appreciate Jenny's clear and prompt communication style with us and other stakeholders. She was also patient and client-centered throughout the process of finding a home that met our criteria. As a first-time home buyer, we appreciate how she went out of her way to explain the process and answer questions we had--
Samantha (Resale condo buyer) Read More

Hi Ken,

I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead. By the way, the timeline would likely be the same and we are looking at 3 months to compete. And we could also propose that the existing owner would be paying rental all the way till the handover in the month of May 2023.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Hi Ken,

As you have mentioned, the EC will only MOP in September, therefore it is unlawful to be entering into any sales and purchase agreement with the current owner unless special permission has been granted to sell before MOP. That said, in such circumstances, you must also fulfil the eligibility criteria to purchase the EC similar to the requirements for EC new launch.

For resale transaction timeline, a typical period for contract is as follows:

1% Option Money to be paid to seller upon securing the Option To Purchase
2 weeks later, Purchaser will need to exercise the Option To Purchase at the law firm and furnish another 4% in name to the stakeholder account. Stamp duties should be furnished within the next 10 days or so with balance of funds to be ready upon the sales completion which is usually around 8-12 weeks after exercising the Option To Purchase.

Should the seller be required to stay on after the resale transaction is completed, you will need to negotiate with seller on any rental to be collected during this period of extension as well as things like Property Tax, utilities and etc.

I have been in the real estate business since 2009, with more than 13 years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.

We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!

Warmest regards,
Geryl Lim
Associate Group Director
Salesperson Registration No. R014783H
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
[main] +65 6471 8888  [mob] +65 81577565  [LDA] +65 92787772 
www.geryllim.com

My self introductory video on https://www.youtube.com/watch?v=S_2NydENfx0

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Note: We value your home as much as you do! Find out the indicative value of your home at http://bit.ly/UrHomeMatters and get monthly update on your home value. Restructure your portfolio with us, speak to us!

Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.

Visit and Like my facebook page at https://www.facebook.com/GerylLimSince2009/ - Aspiring To Be The Best Real Estate Agent In Singapore

Pick up knowledge, skills and Real Estate concepts at https://www.facebook.com/RealEstateXcellence/

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Landed Dynamic Alliance
Home of *7772 Hotline
Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ http://l.ead.me/7772 Read More

HI Ken,

Can talk to me, let me do a calculation for you and explain on the timeline. MSR will be applied on the loan for EC sell before MOP. There are some criteria need to be fulfilled too.

For property service, feel free to call/Whatsapp Mei Foong 8938 7686 
Thank you. Read More

Hi Ken,

1) First of all since you intend to wait till the EC MOP before any official paperwork is done.
2) It means you could enter into an agreement that both seller and yourself will keep the promise as per now negotiated.
3) Such agreement will face a lot of challenges when this is brought up to court. The worst thing is you properly will not get your money back if the seller decided to back out from the agreement.
4) That is all I have on your intention to purchase which will only reach its' MOP on Sept.

5) Now regarding the timeline of funds disbursement. The OTP can only issue upon reaching the MOP unless the seller got special permission from the HDB to sell before the MOP.
6) Any OTP issued before MOP is deemed to be invalid, as the HDB must approve the sale after validating the buyer's profile.
7) If the seller wished to stay till May 2023. This is considered an extension of stay. This has nothing to do with your fund disbursement.
8) The payment shall be as follow:
(a) 1% to offer for an OTP,
(b) 4% to exercise usually it is within 14 days.
(c) Pay buyer stamp duty within 14 days after exercising the OTP
(d) Pay all the remaining (95%) on the completion date. Usually, your lawyer will advise you on how to make the payment and the due date of it. Usually, this is around 3 months from exercising date.

9) So let said you exercise in Sept 2022, you will need to pay the 95% around the end of 2022.

Hope the above answer your main concerns, but if there are more query, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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