3 Answers

Ivan Ng

Was your partner's 4rm HDB purchased with grant taken? It does appear he has bought 2 subsidized housing, hence will not be eligible to purchase from EC from developer.

It may not be bad news as buying EC from developer or buying resale HDB requires you to dispose/remove your ownership from your current HDB. If you wish to keep both your current HDB and your next property, you can only go for a condo.

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.

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

Email: Ivanng10@gmail.com
Contact: (+65) 97432395
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(Client's Testimonials)

--- HDB Flat Sellers Uncle "Seng" and Mdm. Png ---

Translation from Mandarin:

We are from the Pioneer Generation, already in our 70s, and have no experience selling HDB flat. As our new BTO is arriving, we considered selling our flat earlier.

We felt he was a patient agent who is willing to hear out our plans and concerns, and explain new HDB selling procedures clearly to us. He is also a hardworking agent who did Roadshows for weeks to create awareness for our unit, and we quickly found a buyer through this avenue.

We also appreciate that he made the extra effort to accompany us down to the Banks and Town Council to help us with the outstanding paperwork procedures, and ensure the sale go through smoothly. Throughout the process, we always felt assured and happy, as Ivan was always professional, accessible and saw things through till conclusion. Ivan will remain as a family friend and we will be glad to invite him over for coffee when our BTO is ready.

--- HDB Flat Sellers Mr. Hayum and Ms. Azizah ---

Ivan has justified our faith in appointing him as our Exclusive Agent. He transacted our unit at 620k, above valuation & highest price ever achieved for our block, within 2 months.

In a slow market, you need a proactive & committed agent who puts the extra effort. Besides advertising in papers & online intensively, he also had personally distributed flyers & spoke to potential buyers in neighboring blocks to increase exposure. Every week there were viewings & feedback.

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-- Ms. Toh, Condo Investor in the East ---

Ivan is a young agent filled with dedication for his work. He seeks to stay long in this career.

I seeked out his service among a sea of agents as his belief on his website is credibility. I need an agent who is honest and provide me the knowledge needed to navigate the property market. Ivan's commitment and earnestness made up for his young age.

He has made a promise to find a good tenant for me in two years time when the condo completes, and I appreciate this commitment" Read More


Johnny Goh Mui Huat
Dear Mdm,

If you wish to keep your HDB, you will not be able to buy a brand new EC from the developer.

However, you do have the option of buying condo or EC more than 5 years old. Do take note that ABSD is applicable should you would like to be the co-owner of the new purchase with your partner.

Hope that I have answered your question.

Feel free to contact me should you need any assistance.

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


Robbie Chen Chee Howe
Hi Miss,

Based on your above description, I regret to inform that you are unlikely to be eligible to apply for a new EC. Unless the following conditions are met:

1) your partner's first 4RM HDB flat is not a subsidized flat

2) you undertake to sell off or transfer out the ownership of your current HDB

If not, the next option you can go for would be a private condo. Do take note of the ABSD involved, and also if your current HDB is still under loan, LTV will apply too.

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 in the current market.

Thank you.

Best regards,
Robbie Chen
9748 6305
PropNex Realty Read More