I am interested in the recent launch of EC at Hougang. Any chance if I appeal to HDB to book a unit but sell my current flat after the EC TOP? The TOP date will definitely be after my MOP.
Thanks for posting in Proeprtyguru and congrats on your intention to upgrade!
Basically we still have more than a year before your MOP is fulfilled. Yes there are cases whereby the appeals are successful for them to sell early but their reasons are usually very strong. So we will need to see what are the reasons that we have.
In order for us to advise you further, we will need to know some information from you. So maybe I can suggest for you to drop me a call or message so that we can be in contact and I can give you some advice. No worries as there are absolutely no obligations. :)
By the way, just wish to tell you that your decision to do this upgrade is really a good decision. Will share with you when we chat. Haha.
Looking forward to hear from you soon! Cheers!
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Mark, your RIGHT choice
I believe that you are very aware of the rules of MOP.
I am very certain that your case will be rejected by HDB. You will not be able to book an EC now, and sell your current flat when the EC is about to TOP.
The only way possible is for you to provide HDB with a very strong reason for you to sell away your HDB before you meet MOP. You will need to justify why you will need to sell your unit before your MOP is up, and it will be on a case-by-case basis.
In the event that HDB approves your sale, you can sell off your unit, and after the sale, apply for the new EC. The drawback would be, you will need to find a place to rent, until the EC is ready for you to move in.
Should you need any 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 and your partner in the current market.
For BTO cases about 1 year to MOP, definitely the appeal process is required, and yes you are right that there are some precedent cases, but usually there are very strong family reasons for that to get approval, which is the exception rather than the norm. Definitely, you need to get the appeal approval before you can book any EC unit. I am presently involved with Hundred Palms EC project and will be glad to share more on the best approach, however I would need to understand your situation further to make better recommendations.
May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude
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-- HDB BTO 4rm Sellers Mr. Farvin & Ms. Sel --
Ivan was the first agent that we met up with and right from the offset we had good vibes as he has a friendly personal approach, detailed working style and focuses on building the long-term relationship.
Our unit comes with its challenges but Ivan remained positive and had no qualms committing to our plans right from the start. It took only 6 weeks of aggressive marketing for him to secure a good offer which was a pleasant surprise in the end.
Ivan was always responsive and we had no worries to pass him the house keys. The whole process was transparent and hassle free, and he was always thinking from our point of view on how to make life easier for the client. He is a committed professional and has fast execution, so we felt assured that things are done well and we can entrust the sale process entirely to him.
--- HDB Flat Upgraders Mr. & Mrs. Lee ---
We decided to engage Ivan as our agent as we were impressed with how he answered the enquiries on property guru website.
He has helped us to find our ideal unit and also sold our current unit. He was very patient and never pushy when we were looking for our ideal unit. He would tell us that it is always important to find a unit that we really liked.
When it comes to selling of our unit, he was always prompt in arranging for viewings and he also tried his best to arrange and consolidate the viewings due to our time constraints. He is a reliable and prompt agent and is always willing to clarify any concerns and questions that we have.
Thanks Ivan! :)
-- HDB 5-rm Sellers Mr. & Mrs. Ting --
We have engaged the services of Ivan Ng for sale of our property at Pandan Gardens. He is professional and systematic in his marketing approach.
He is hardworking and committed to his work. He puts in great efforts in arranging clients for viewings and kept us updated thereafter. He is ever ready to help and guide us whenever the need arises.
He provided us with sound and useful advice as well as closely follow through from the start till the smooth sale of the property within a short period of time.
Thanks, Ivan. Keep up the good work!