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Hi, I have been thinking of upgrading to a 5rm unit from my current 3rm(AMK) HDB flat. But I am unsure on where to start in terms of financial planning and advise. Do you think it is a good time to upgrade now? Thx
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3 Answers

YT Tan (陈永达)
Good afternoon, Do share more information on your potential sale (full address, cpf utilized plus accrued interest and any outstanding loan) of your current unit and your ideal/ preferred location of your 5RM flat. Let me draft a financial plan (based on your current cash and CPF OA funds on hand as well) for you then we can work things out from there to see is it feasible for you to upgrade. Hope to hear from you soon! Warmest Regards, YT TAN 陈永达 | ACCA Graduate, RES Senior District Manager R043025D ECG Property Pte Ltd (A Wholly Owned Subsidiary of ECG Group of Companies) Estate Agent no. L3009759F Blk 190 Lorong 6 Toa Payoh #05-508 S (310190) (M): +65 9111 5171  (E): yt.lovelyhomes@gmail.com (W): www.yttan.com (W): yttan.stproperty.com.sg/ (W) www.lovelyhomes.com.sg (W) www.ecgproperty.com Read More
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Dear sir/madam, Anytime is a good time to do upgrading as long as it will not be financially straining on your expenses to do so. We will be able to assist to calculate your probable sales proceeds with more information like your outstanding housing loan, CPF utilised with accrued interest and any outstanding upgrading fees to be paid for your existing 3rm flat. You can also calculate it yourself if you are comfortable and confident of the probable transacting price for your current unit. Thereafter, you will need to consult a banker to work out an in principle approval of loan or apply for HLE to determine your loan eligibility. Once all these checks are in place, you will then be in an excellent position to make judgement of wherher to upgrade or not. If you need an advisor for these transactions, perhaps you may allow me to bring in a team of consultants with experience to provide our opinions. Regards, Geryl LIM Real Estate Director Masters Of Real Estate (L3010548F) CEA Reg R014783H Mobile: +65-81577565  /+65-92787772 Email: geryl7772@gmail.com https://www.facebook.com/propertyblogshop https://www.facebook.com/media/set/?set=a.297043923770884.1073741832.284747148333895&type=1&l=90fca1674e M.O.R.E Landed Dynamic Alliance - www.DAG.com.sg Home of *7772 Hotline Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now! **Aspiring to be your preferred partner in real estate** We have successfully concluded our Landed Homes Sales Exhibition on 22/23 February 2014. Huge thanks to our clients, we managed 3 transactions and 5 listings, registering more than 100 guests for the event. If you are looking to buy a landed home or looking for a landed home buyer, we have the solutions for you. Royal Wharf, London. A new prime waterfront township in central London awaits your attention. An excellent opportunity for investment in an ideal location on the River Thames in central London. Register your interest as soon as possible for your exclusive invitation to our exclusive event. https://www.facebook.com/media/set/?set=a.372619176213358.1073741861.284747148333895&type=1 Interested in other international projects? We have MORE opportunities for you. From neighbouring Malaysia to Philippines, Australia, France and US, we have these great opportunities for your investment. Call us to find out MORE! Read More
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Evening, By understanding where you stay and which area you are looking into, along with how much loan you may get will allow us to work on your purchase ability. DO feel free to contact me for further discussion. Regards Mike Lim 96929209  m52i@yahoo.com ERA Read More
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