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HDB owners receive a 6-month grace period to sell their current unit after collecting the keys to their new one. It's wise to plan financially, and timing is crucial.

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Hi;

No, she doesnt have to sell first, she can sell within 6mths upon purchasing a new unit.. But please do bear in mind, if she needs the funds from the current unit, then yes, she will need to sell first / concurrently before buying a new unit. Hope this answers your doubts.. Do feel free to drop me a text if you have any further queries..

Rgds;
Lyna Song
 9623 8442 
Associate Group Director
Propnex Realty Pte Ltd Read More

She will need to sell away existing HDB as 1 household can only own 1 HDB.

——

I have been in the real estate business since 2009, with more than 15 years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 15,900 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

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Hi

If you have sufficient funds to complete the purchase, meaning cash + CPF OA + loan can cover the full purchase price and stamp duties, yes you can complete the buying first before doing the selling. You have to sell your existing flat within 6 months of key collection to next flat. This gives you sufficient time to do the renovation and handover at comfortable timeline, but it will be at the expense of 2 ongoing home loan installments as well as higher property tax for your mum.

If you need funds from the sale proceeds before you can complete the purchase, you have to do the sale completion first before doing the purchase completion. It will be go to run through both options in detail to see if which works better for you.

Hope the above clarifies. I am well-versed with HDB and private property transactions, having helped more than 100 homeowners transit smoothly with their housing plans. Please reach out to me at 97432395  for a more in-depth discussion :)

May I have more info on your requirements so as to make better recommendations? Thanks and looking forward to chat more

Warm Regards,

Ivan Ng Realtor
ERA Senior Marketing Director
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-- HDB Executive Maisonette Sellers, Mr & Mrs Yeo --

Before contacting Ivan Ng, our Property Realtor, we were quite apprehensive about our Contra-deal ( concurrent resale & purchase of HDB flats) as at that time the outlook of the resale property market was quite sluggish & pessimistic. But surprisingly our property realtor, Ivan , was able to put us at ease with his professional competence, astute work experience & friendly nature . He was able to consummate our contra-deal within one month of our HDB application. Now we are convinced by his promise that (in Ivan's own words) ... "A contra-deal is where the sale & purchase transactions are done concurrently and completed on the same day. This results in a seamless transition of the funds from your sale proceeds and CPF proceeds towards your purchase price." More importantly Ivan has also managed to clinch a good deal for our contra-deal. We'll certainly recommend him to our kins & friends. Thank you very much, Ivan. We are definitely your satisfied customers!

-- HDB Choa Chu Kang BTO 4-RM Sellers, 5-RM Purchasers, Zima & Faizal --

Ivan was prompt in replying to my endless queries & concerns. He was very attentive to details and he knows my exact 'taste' during the process of house hunting. I would say that my requirement in getting a flat is quite high because i was looking for a flat located near my parent's as well as the MRT station. It impressed me that he could read my mind well which makes the whole transaction alot easier. I also love the fact that he is calm, not pushy & always ensuring me that there are still sufficient time to look out for other available houses. We are so thankful beyond words for his understanding and patience thoroughout the whole process. We managed to sell our BTO with extension & secure a 5 room flat without COV, located near my parent's and a 3 to 5 mins walk to the MRT station.! Thank you Ivan for all your effort & for the smooth Read More

I would be glad to assist you.
Feel free to contact me at wa.me/6597100155
Hope to hear from you soon.
Pei Mobile: (65) 9 7 1 0 0 1 5 5.
Email: peicheng.tan@propnex.com
Associate Group Director
Propnex Realty Pte Ltd Read More

hi,

HDB allows owners up to 6 months to sell their current flat after collecting the keys to their new unit. However, if your mother requires the sales proceeds to fund the new purchase, the sale must be completed first. I’ve assisted many homeowners in this exact situation — and I usually plan the timeline so that the sale completes about 3 weeks before the purchase. This ensures sufficient time for the CPF refund to be credited back into the account for the new transaction. I’d be glad to assist you and your mom with this process. Please take a moment to read my client testimonials below for your consideration.

This platform does not allow me to contact you directly so kindly contact me at https://wa.me/6597261112 I would be glad to assist you further.

Thank you and best regards,

Jenny Tran
Propnex Realty Pte Ltd
(HP) +65 97261112 
(Email) jenny.tran@propnex.com
BSc (Real Estate) (Hons)-NUS

Testimonial from Satisfied Clients
-- My husband and I wish to commend the sincere attitude and good customer service rendered by your staff Jenny, who handled the sale of our 5R HDB flat early this year. We have met several agents but none as genuine as Jenny. Being a seller agent, she took our interest at heart in handling the sale, unlike other agents who are self-interest. Jenny is punctual and prompt in the whole dealings and we were convinced that such an agent is hard for find nowadays. Jenny is a trustworthy, honest, sincere and hardworking agent. We are happy with her service and would gladly recommend her to our friends in future. Jenny is an asset to Propnex and the organisation should value her. Thank you Jenny for her efforts--
Mr and Mrs Soo (HDB seller)

--Jenny is very committed and responsive to her clients and she has spent hours updating them and looking out for great deals and even tailor-made property proposal geared towards their needs. Will certainly refer her to others and will definitely approach her again in her future--
Nick and Kim (New launch buyer)

--Jenny did a great job helping my wife and I sell our unit. She took active steps to walk our neighbourhood to understand what she was marketing. During the marketing period, she managed potential buyers and provided timely updates and recommendations so we could stay on top of the process. Overall, Jenny was professional and helped us to achieve a positive result which we are very thankful for--
Aaron ( HDB seller)

--Jenny was very passionate and went the extra miles to help. Thanks to her professional advice and recommendations, I had finally found my dream home--
Yvonne (New launch buyer)

--Appreciate Jenny's clear and prompt communication style with us and other stakeholders. She was also patient and client-centered throughout the process of finding a home that met our criteria. As a first-time home buyer, we appreciate how she went out of her way to explain the process and answer questions we had--
Samantha (Resale condo buyer) Read More

You're in a common situation for many HDB owners. Your mum has to sell away her HDB at some point but not immediately, happy to connect with you to do the financial and timeline planning for the smooth transition.

I'm a Harvard graduated real estate agent with a degree in economics, and I have a decade of experience working on Singapore public policy. Feel free to reach out below.

Kay Cloud
The Harvard Educated Agent
Propnex Realty Pte Ltd
cloud@propnex.com
Tel: (+6.5.) 8.5.6.7.4.5.8.5
Whatsapp -> https://wa.me/6585674585 Read More

6-Month Grace Period – HDB owners can sell their current flat within 6 months after collecting keys to a new unit.

Financial Planning – Timing matters if your parent needs proceeds from the current flat to fund the new purchase.

HFE Letter – Ensure you have submitted it for assessment to confirm eligibility before proceeding.

Flexible Approach – Selling can be done after key collection, but if funds are required upfront, concurrent sale may be necessary.
WhatsApp me at: ABLE Toh (65) 9856-9255  or through this link.:https://wa.me/6598569255

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like renting / selling, buying / or investing, I'm here to help!

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QUOTE OF THE DAY " In negotiations, the most important thing is not to win or lose, but to find a solution that is mutually beneficial." Read More

Hi,

1) Your mother may hold on to her flat before buying the next.
2) This is provided she has sufficient funds for the purchase.
3) The HDB policy is that her flat must be sold within 6 months from the completion of the purchase.
4) You may apply an HFE with yur mum to decide what is the next move.
5) A lot of people are buying and selling at the same time while request for a 3-months extension stay after the completion.

All The Best!!!

Hope the above answers your main concerns, but if there are more queries, 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://www.linkedin.com/in/ckling/
https://agents.huttonsgroup.com/R056727F/

Note:
Any response to our answer does not reach us until we scroll through every query posted daily.
The best way to get a follow-up is to contact us directly via WhatsApp or email. Read More

Hi - please contact me at 8911 8921  for me to advise you further on your options and next steps.

Sam @ Propnex
 8911 8921  Read More