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Hi,

I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead. By the way, you do not need any lawyer to assist with the purchase of a HDB flat. You only need to tag on the expertise of an agent to assist you further with regards to the selling of the private property as well as the purchase of the next HDB flat.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Good morning,

If you plan to take bank loan for the HDB purchase, yes you will need to engage a law firm to handle the conveyancing. Regardless, for the condo sale, you will need to engage a law firm to handle the conveyancing. Do note the condo will need to be sold within 6 months after the resale completion of the hdb.

I have assisted various clients to do the same and have helped them to smoothly transit. 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,

Ivan Ng Realtor
ERA Senior Marketing Director
ERA Diamond Achiever

ERA Top 11 Achiever in June 2020 (Top 1% Company Level)
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I would like to compliment Mr Ivan Ng for his professional work and effort.I sent my first post in Jan 2019 and Ivan replied promptly, so I have decided to contact Ivan for follow up. My EC was not ready for sale due to MOP (another 3 months from Jan) at that time and Ivan was able to give me advices on how to proceed from there. Initially we have decided to try to write to HDB for early sale but since it was only 3 months left, eventually we waited for another 3 months while we looked for our next property. Ivan was able to arrange for new property showroom appointment at a timely manner while helping us to list for our EC for sale. We were a bit worried when our EC sale time was longer than expected due to trade war, but Ivan was able to reassure us that our EC would sell. By November, he managed to secure a buyer for our EC. Thank you.

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Hi Sir/Madam

1. You can purchase HDB from direct owner (if you meet the HDB eligibility conditions to buy a resale flat )
but you will need to engage a lawyer to handle the conveyancing, either HDB lawyer or private lawyer
2. It will be good to know the current market value of your house before selling.
I will be glad to assist on this, you can text/whatsapp me the details of your unit to (65) 96608508  .
3. Do you need the cash proceeds from your current house for the new house?
This will determine whether to sell first or to search for new house first.
4. Alternatively buy and sell can happen concurrently as well with very careful timeline planning.
I just assisted my client who have similar concern

I will be glad to assist
Appreciate if you can contact me at (65) 96608508  with details of your unit
or click here https://bit.ly/WaSilvia to whatsapp me for no obligation discussion
Thank you.

Warmest regards,

Silvia Yang

Senior Marketing Director
ERA Realty Network Pte Ltd
Mobile: (65) 9660 8508 
Email: Silviayang8@gmail.com Read More

Dear Sir/Mdm,

For both the transaction of the purchase of the HDB flat and sale of the condo, you will need lawyers to assist you in the conveyancing. This is compulsory. For the HDB flat purchase, it is possible to engage a HDB lawyer which is at a lower rates, however, for the sale of the condo, you will need to engage a private lawyer.

It is important to time the purchase and the sale concurrently so that you will not need an interim place to stay during the transition. Please feel free to contact me so that I can share with you an overview of both the sale and purchase process and how we can structure the timeline to minimise your cash outlay.

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS) / Cert-in-REA
(E) nick96444854@gmail.com
SEAA Salespersons Achievement Platinum Award 2020

Visit my website to get to know me better:
www.nicktan.com.sg

I was featured recently on Council for Estate Agencies (CEA) Newsletter:
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“I would like to recommend Nick Tan from SRI. Before we engaged Nick, we were working with another agent from a very popular property agency in February 2017. We decided to terminate the contract after 5 weeks of zero viewings and no paper advertisements. Basically he was just waiting for phone calls. We engaged Nick on 20th April and by 10th of May, our unit was sold off. Why Nick? 1. He has good marketing strategies 2. He always kept us posted on what he did (communications!) 3. He made sure we understand the current market situation but he will consistently reassure us that the unit can be sold off 4. He is not greedy and trusting 5. He walks the talk”
Peter & Wendy (Property Seller)

I write to commend Nick Tan (R040814C). When my husband and I first met Nick, we were impressed by his drive, commitment, business acumen and strategical thinking, and decided to engage him. We were not disappointed. Nick sourced for prospective quality buyers in a targeted methodical fashion and was effective in connecting us with serious buyers, notwithstanding the fact that the search primarily took place over Dec – Feb (a traditional lull period). Throughout the transaction, he also gave us helpful advice in various aspects; the advice reflected his personal experience and expertise and was not simply regurgitated from public sources without any value-add. Further, Nick went beyond the call of duty of a competent professional. He had a sense of humanity in the way he interacted with myself and the other parties to the transaction such as my parents. As an example, my newborn daughter was warded into A&E on the completion date of the transaction; the care and concern that Nick showed went beyond the scope of work of an estate agent. I commend Nick for his capabilities and character, and would certainly wish to engage him for future property transactions.
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“Nick has conducted himself ethically and professionally when handling the sales of our property. Thanks to his patience and perseverance, we managed to secure a sales price beyond our expectations. We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
Mr & Mrs Tan (Seller of Inter-Terrace House)

“Nick provides a delightful customer experience from day one when I engage him as my agent to look for a flat of my choice to the completion of the deal. He is competent, resourceful and has a pleasant manner to work with. He is the Agent of my choice in dealing with properties and I would highly recommend him to others who would appreciate an agent that takes Read More

Hi,

1) You may do your own sourcing and sign an OTP in an HDB flat purchase from an owner directly.
2) I would like to highlight that it is best you verify the legal ownership and check whether the seller is not secretly an undischarged bankrupt.
3) It is best to find out whether are there any essential occupiers in this property and they are giving the consent to sell. Otherwise, you might entangle in a family affair and be unable to complete the transaction in a smooth manner.

Why Lawyer is needed:
4) However you will still need a lawyer to perform the legal transaction.
5) They are the ones that should go through the terms and conditions of your contact and advise you.
6) They have to send out the legal requisition to 9 government arms to make sure your future home not going to be replaced by any government buildings/structures.
7) After receiving replies from all these government departments, they have to understand what are the implications to your property and advise accordingly.
8) They are also the ones to write into the CPF board to request for fund release on the down payment, amount to be paid for the monthly mortgage, pay stamp duty to IRAS on time, etc.
9) Even when you are buying an HDB flat (BTO/SBF) from HDB direct. You will still need to pay a legal fee to the HDB lawyer for the paperwork they performed.
10) Most people are not aware of this because usually, they are paying the lawyer using the fund from the CPF account. No hard cash was dug out from their pocket or also because it was too long ago from their purchase. Thus most of them have no memory of this.

Buy an HDB flat:
11) To buy an HDB flat, you have to check on the eligibility scheme listed by the HDB to ensure you are allowed to buy and own one.
https://www.hdb.gov.sg/cs/infoweb/residential/buying-a-flat/resale/eligibility

12) If you need financial assistance in this purchase, it is also advisable for you to check whether you are eligible for the HDB loan. Should you consider it if you are eligible to have one.

13) To start your HDB purchase, it is best you start with the registration of intent to buy on the HDB website. This application is valid for 12 months to ensure you have ample time to search for your new home.
https://services2.hdb.gov.sg/webapp/BB31AWDashboardWeb/BB31PLogin.jsp

14) You are only eligible to buy a resale HDB flat for now. You will only be eligible to apply for BTO/SBF from the HDB after observing a 30-month wait-out period upon selling your current condo.

Hope the above answer your main concerns, but if there are more query, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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Hi,

For HDB purchase, if you're taking up a bank loan for it, you will need to engage a conveyancing lawyer to assist you. If you are intending to fully pay for the flat, then you can engage HDB to do the conveyancing for you. You will not be eligible for HDB loan as you currently own a private property.

For your condo sale, you will need to engage a private lawyer to act for you in your conveyancing.

In my opinion, Timeline planning is very important, as apart from the transfer/movements of funds from your sale proceeds for your HDB flat purchase, I believe you would also want to avoid the hassle of having to shift house more than once during this transition.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

Should you need require 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