AskGuru Q&A Community

Hi, due to the weak market sentiment, it may take a little longer like 3 to 6 months time than usual to get a unit sold. However all these would still depends on your unit location, condition, selling price and etc. And once your HDB unit is sold, you will receive the sales proceeds in approximately 3 months time from the date which the buyer has exercised the option. Pls feel free to let me know if you need any assistance.

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

Dear Sir,

HDB prices has stabilized in the past few quarters and we are seeing more buyers in the market now as resale volume is on the uptrend. As long as you price your HDB fairly, you should not take a long time to sell.

You will only be able to receive the sales proceed in cash and CPF upon the completion of the sales which is 3-3.5 months down the road. If you need the sales proceed to fund the upgrade in housing, then you will need to work out the time-line for the sales and purchase. It is likely that you will need a temporary shelter during the transition process.

Please feel free to contact me so that I can assist and guide you in the process.

Nick Tan +65 9644 4854 
nicktan@propertyavenue.com.sg
B.Eng(Chemical)(Hons)(NUS)
www.nick-tan.com

Property Avenue Pte Ltd
Follow us on FB to receive 24/7 market information & update! ==> https://www.facebook.com/propertyavenuesg Read More

Hi,

It will take about 3-6 months to complete the HDB transaction, and proceeds will be in at completion. your timelines need to be managed carefully for both sale and purchase, and I will be glad to assist. Thanks and may I understand your requirements further so as to value add to your sale plans?

Warm regards
Ivan ERA
 97432395 
Ivanng10@gmail.com
Website: http://www.ivanng10.com/#!reviews/c11r1
(Client's Testimonials) Read More

Hi
It all depends on your location demands and supply. As long as you can get a buyer within the 1st mth of marketing, the whole process will take min 3 mths. of course it also depend on your buyer who might have certain criteria in order to give an offer to your unit. They might need at least 2-3 mths wait too if they have not sold theirs. Therefore a min of 3-6 mths wait is the guideline, might be longer. Please call me at 97508318  so that I can present to you the whole process of buying and selling.
Silvia Chua, ERA , silviac@singnet.com.sg Read More

Hi,

Thanks for the query!
Due to the weak market sentiments, it might take between 3-6 months, to find a buyer and receive your sales funds at the end of the completion.

I am currently assisting my client with his sales of his EA to fund his brand new EC purchase and am fully equipt with the purchase timeline and knowledge to assist similarly.

Perhaps we could schedule a non obligatory meet up so that I can understand your requirements and work out your finances of EC progressive payments for the intended purchase. I will also take this opportunity to chart the financial cash computations (amalgamation of sales funds, CPF returns and likely purchase price).

A discussion would also allow me to furnish you with recent transaction caveats , market insights and run you through the EC purchase timeline via the upgrade process as it's tricky and require much succinct planning in the procedural framework. To add, no fees involved in the purchase.

D Kumar
 +65 96659926 
ERA Associate Division Director
www.kumarrai.com ( Recent Awards and Testimonials)

#1 team of ERA in Singapore, Asia Pacific International for 2014.

ERA 2015 Q1 Top Achievers (Top1% of ERA)
ERA Top Achievers 2013/14
ERA Multi-Million Dollar Club Award
2014 ERA Asia-Pacific Business Conference Elite Award

P Group
2015 Feb/ April/May/June ERA Top Achievers
2014 Aug/Sept/3rd quarter/Dec/ Overall 2014 ERA Top Achievers Read More

Hi there!

Due to the weaker market sentiments, it will take an average of 3 to 6 months to find a buyer and sell your HDB. Of course if the HDB is in a highly sought after location and is priced right, it will take a shorter time to sell your HDB.

As for sales proceeds, you'll receive it upon completion of the sale which is around 3 months from the date that your buyer exercises the option to purchase your unit.

There are many affordable ECs as well as private condos in the market.

Do give me a call or drop me a text so I can discuss with you further and give you all the necessary information to assist with the sale of your HDB and condo purchase.

Look forward to hearing from you!

Bhavina
Senior Marketing Manager
ERA Realty

M: +65 91708295 
E: bhavina7777@gmail.com
W: investbuysellrent.com Read More

hi,
The location and the asking will affect the time to sell the property. Generally it took 3 - 6 months in the current market. For the proceeds, you will received the cheque for the cash portion on the 2nd appointment. And the CPF fund will be credited around 2 weeks after 2nd appointment.

To assist and advise you more, kindly drop me an email for me to share.

I can be contactable at my mobile or email.

CK Ang
 9046 3808 
res.ckang@gmail.com Read More

Good afternoon upgrader,

Currently the supply of flats is more than demand thus you might take slightly longer time to dispose off your property. But as long as your asking is reasonable, you should be able to get a buyer soon.

Upon HDB submission, it will take you about 3 months to receive your sales proceeds.

I will advise you to place your HDB for sale first while looking out for a private property but only commit to a purchase after buyer has exercised on the HDB OTP. Lengthen the purchase option period to be after HDB completion so you can tap on the funds from your sale.

Hope my opinion helps in your decision making.

If you need any assistance or advice in your upgrade, feel free to contact me. 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
(W): www.propertyavenue.com.sg Read More

Hi,

Re: One Stop Services for property upgrader

We can assist you for the purchasing of your new property by marketing your existing property.

Tell us more about your requirements, we can explore further in detail.

We are contactable at 92222389  or onassis@sgrealtor.com.

Onassis Gan Eng Joo - CEA Reg No.: R021244C
CES Certified SG Realtor l SGRealtor.com
agent.myweb.sg (PropertyGuru) / agent.irealtor.sg (iProperty)

SG Hotline: +65 9222 2389 
Email: Onassis@sgrealtor.com
Skype: incomecare

SG Commercial Websites
www.SGCBD.com
www.CBDSingapore.com
www.SingaporeCBD.com
www.CommercialSingapore.com
www.SgOfficeRental.com
www.SgShophouse.com

SG Landed Houses Websites – www.LandedGroup.com
www.SGGCB.com
www.SGBungalow.com
www.SGDetached.com
www.SGSemiD.com
www.SGTerrace.com
www.SGCluster.com

SG Districts Websites
www.BukitTimah.com.sg
www.Holland.sg
www.MarineParade.sg Read More

Dear Sir/Mdm,

The process for HDB will takes about 3 to 4 months, this exclude marketing period for you to find a buyer. How long you need to take to find a buyer depend on various factors such as asking price, location, facing and condition of the property.

Therefore, I would say will take at least 3 to 6 months for the whole process.

You will get cashier upon completion, and CPF will be refunded to your OA account in 10 working days.

If you are buying and selling at the same times, the timeline is very important. Therefore, it is best to an agent to assist.

Hope that I have answered your question.

If you are looking for salesperson to assist you, I would like to offer my service.

Not all internet marketing is the same, especially during this low period. We need to have the most advance marketing tools to give your property maximum exposure. One of the tools we have is virtual tour. But that is not all we have, and there are many other tools and strategy that give me and you an unfair advantage over the rest.

Check out video at this link http://youtu.be/4a02hTxJS6U
Check out virtual tour at this link http://goo.gl/VDF3I

Don’t you agree that marketing plan is most important factor when trying to get the ideal buyer for your property, especially during this slow period?

You may want to check my website for my testimonial.

Feel free to contact me if you need my assistance.

Thanks and Regards
Johnny Goh
R018297H
Team Associate Director
OrangeTee.com Pte Ltd
Mobile: 90906267 
Email: johnny.goh@orangetee.com
Website: johnny-goh.com Read More