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Hi,

Have you checked up how much loan to take to ensure your finances are comfortable to take up the unit? If so, yes you can book the unit first since you have met your MOP, but just that your timeline will be tight from now onwards. You need to sell your current flat within 6 months after key collection to the next resale flat.

Thanks and hope to understand your requirements further so to value-add to your housing plans.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
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Hi, you still could do the purchase first if your finances allowed. However due to the weak market sentiment, it is not advisable for you to do the new purchase first and then selling the old unit. Pls feel free to let me know if you need any assistance.

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

Afternoon,

There is no hard and fast rule as to whether you can or cannot secure the OTP for purchase first before starting to sell your unit. The selling price, your unit's condition and the location is vital. Furthermore, with the current housing market condition, you might run yourself into unnecessary risk should the timeline does not work as planned.

Do contact me further should you require my assistance.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More

Good afternoon,

If you are financially capable to purchase first then sell current flat, you are good to go ahead and do so. But if you need sales proceeds from current flat to finance the purchase then you might have to think twice.

Disposal of HDB in current slow moving market might take up to 3 to 6 months to secure a qualified buyer. In addition to that the whole legal completion might take up to 3 to 4 months.

So the question is will the seller be willing to wait for you?

Probably you can share more with me so I will be in a better position to advise you further.

Hope to hear from you soon!

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

Good day. In order to buy first, you have to make sure the timeline is in line so you can utilise all your sales proceed and cpf from this current house. In current market, most clients sell first, unless you are paying mostly cash for your next housing.
I would be pleased to discuss in details from you offline from here.
Looking forward to assist u. You may reach me via 91442664  for a discussion.
Tricia Tan
propnex
 9144 2664  Read More

Hi,

Re: Our Preferred Experienced SG Realtor

If you wanna to sign the OTP, you need to secure a loan from bank and have sufficient cash and cpf for upfront payment 23% of the HDB.

It will be a bit risky as you might not be to sell your existing hdb fast.

Call us now, we can explore further in detail.

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

In all Areas of Singapore. Sale/Buy/Lease/Rent, Please call and/or drop me an email me. I’m always at your Services.

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