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Hi,
I have a condo unit at Palm Garden, 2 bedroom at high floor. I am thinking if i sell away this unit, how much should i top up for a 3 bedroom and high floor near pei hwa school at beauty world ? Because i already have a HDB flat, so for this new unit, i have to fork out 40% cash + CPF which i do not have, unless i sell away the palm garden unit. Can i still buy the new unit or i have to sell away palm garden first, wait for the money to come in, before buying the new unit ?

BR,
Mr Ho
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4 Answers

Ander Ang
Replied
Hi Mr Ho,

Based on your scenario, you definitely need to sell your palm garden unit first, wait for the sale proceeds to come in, then proceed to buy the new condo near Pei Hwa Primary.

How much you need to top up depends on which condo you are buying. There are several condo within 1km of Pei Hwa Primary. The price difference can be quite significant.

Please call me at 96836230  for further discussion.

Thanks,
Ander ERA Read More
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Jeron Lee
Replied
Hi Mr Ho,

The last transacted price for a 2 bedder on 13th floor at Palm Garden was $755k in Jun 2011.

I have listed some 3 bedders that are within 1km of Pei Hwa for your reference:
- High Oak (99Y from $880K onwards)
- Gardenvista (99Y from $1.3M onwards)
- Meadow Lodge (99Y from $1.31M onwards)
- Signature Park (FH from $1.32M onwards)
- Terrene (999Y from $1.6M onwards)

Feel free to call/email should you would like to explore further.

Best regards,
Jeron Lee
Jones Lang LaSalle Residential
Mobile/WhatsApp: 90015060 
Email: jeron.lee@jllassoc.com Read More
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Geryl Lim
Replied
Hi Tony,

Are you looking to shift to somewhere near to Pei Hwa in preparations of enrolling your child in the school?

Based on your description, I'd assume that you are still servicing your housing loan therefore you are required to make a 40% downpayment. As such, you will be required to sell your Palm Garden unit and ensure that you have sufficient funds in your savings and CPF before proceeding to buy a unit in the desired location. It will be more helpful to you if you are able to speak to a banker direct to assess your financial commitments prior to making any move.

Should you require any further assistance, feel free to contact me.

Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565 
Email: lim.geryl@yahoo.com.sg
ECG Property Pte Ltd - A Boutique Real Estate Company Read More
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Landon Chew
Replied
Hi, hopefully you managed to get your doubt or query answered. If so, then congrats! Hopefully you are doing well now.

If you are currently or planning to find a property agent, I can assist.

If you are interested in prices of houses in your neighbourhood, you may visit this website to find out more or contact me.

https://www.era.com.sg/R064892F

If you are currently planning to go on a property journey selling/buying/renting/investing, I can be of assistance. Do feel free to reach out to me for more queries and assistance.

Landon Chew
97 39 60 40
landonchew@email.com Read More
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