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Good evening Sir/ Mdm,

You have to be eligible under the HDB schemes to purchase a resale HDB. You are required to dispose off your private property within 6 months from completion date. You wont be subject to ABSD cause you have to sell off your private if you are buying a HDB.

If you require funds from your sale to finance your purchase then we have to kickstart the sale process and time both transactions properly so you will have a smooth transition (dont have to find a temporary accommodation and move twice).

Cost as seller:
1) $3k legal fees
2) agent's commission (at least 2% of sale price plus GST)

Cost as resale HDB buyer:
1) $2.5k legal fees
2) $120 valuation fee
3) $80 resale application fee
4) agent's commission (at least 1% of purchase price plus GST)

Other costs will be stamp duty (estimated 3% of purchase price) and at least 25% downpayment (max 75% bank loan).

Hope my sharing aids in clearing your doubts.

Perhaps we can meet up to discuss and explore your options. How about the coming few days?

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"Your Freehold Ally, Leasehold Tactician"

YT TAN 陈永达 | ACCA Graduate, RES
R043025D
Propnex Realty Pte Ltd

(M): +65 9111 5171 
(E): yt.tan91115171@gmail.com
(W):www.yttan.com
(FB): www.facebook.com/yttanassetprogessor

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Top Individual Producer July 2018 (Propnex)
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Top Individual Producer 2nd Quarter 2017 (Propnex) Read More

Good evening,

You will need to qualify under one of the hdb eligibility schemes to be eligible to purchase a resale hdb. You are required to sell off the private property within 6 months of key collection to the resale hdb. 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 ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

Contact: (+65) 97432395 
Email: Ivanng10@gmail.com
IG: instagram.com/ivanngrealtor
FB: facebook.com/ASAProp
W: ivanng10.com/clientreviews
(Client's Testimonials)

**Note: We are not prompted when you respond here, hence please get in touch directly. Look forward to hear from you soon! **

-- HDB BTO 4rm Sellers Mr. Farvin & Ms. Sel --

Ivan was the first agent that we met up with and right from the offset we had good vibes as he has a friendly personal approach, detailed working style and focuses on building the long-term relationship.

Our unit comes with its challenges but Ivan remained positive and had no qualms committing to our plans right from the start. It took only 6 weeks of aggressive marketing for him to secure a good offer which was a pleasant surprise in the end.

Ivan was always responsive and we had no worries to pass him the house keys. The whole process was transparent and hassle free, and he was always thinking from our point of view on how to make life easier for the client. He is a committed professional and has fast execution, so we felt assured that things are done well and we can entrust the sale process entirely to him.

--- HDB Flat Upgraders Mr. & Mrs. Lee ---

We decided to engage Ivan as our agent as we were impressed with how he answered the enquiries on property guru website.

He has helped us to find our ideal unit and also sold our current unit. He was very patient and never pushy when we were looking for our ideal unit. He would tell us that it is always important to find a unit that we really liked.

When it comes to selling of our unit, he was always prompt in arranging for viewings and he also tried his best to arrange and consolidate the viewings due to our time constraints. He is a reliable and prompt agent and is always willing to clarify any concerns and questions that we have.

Thanks Ivan! :)

-- HDB 5-rm Sellers Mr. & Mrs. Ting --

We have engaged the services of Ivan Ng for sale of our property at Pandan Gardens. He is professional and systematic in his marketing approach.

He is hardworking and committed to his work. He puts in great efforts in arranging clients for viewings and kept us updated thereafter. He is ever ready to help and guide us whenever the need arises.

He provided us with sound and useful advice as well as closely follow through from the start till the smooth sale of the property within a short period of time.

Thanks, Ivan. Keep up the good work! Read More

Hi, before I answer your query, could I check is the condo unit under the ownership of both you and your wife or just your name ? And are you a local and above 35 years old ?

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

Hi,
You may wish to contact me @ 97100155 
I would be glad to explain further.
Pei Propnex Read More

Hi do contact me at 97970200  to discuss more

Mark, your RIGHT choice
MCG Read More

Hi Sir/Madam

I will be glad to assist
Please contact me at (65) 96608508  or Silviayang8@gmail.com
or click here http://bit.ly/2tzIQ1a for non obligation discussion.

Thank you.

Warmest regards,

Silvia Yang

PropNex Realty Pte Ltd
Mobile: (65) 9660 8508 
Email: Silviayang8@gmail.com
www.facebook.com/SilviaProperty Read More

Dear Sir/Mdm,

There are no restrictions to own a HDB as long as you are eligible to buy ie. single Singaporean above the age of 35 or married Singaporean couple.

As my colleagues have explained, the cost will mainly consist of stamp duty, conveyancing fees and agent commission.

To transit smoothly and seamlessly from your current property to a HDB requires meticulous planning in terms of your finances and the transition timeline. A smooth transition plan will enable you to utilise your funds which are currently tied up in your condo to finance the purchase of the HDB. With a sound timeline, you will also be able to transit from your current place to the new flat without the need for an interim place to stay.

I have assisted many of my clients to transit smoothly between private properties and HDBs. Please feel free to contact me so that I can understand your situation better and draw up a transition plan for you!

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

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

I was featured recently on Council for Estate Agencies (CEA) Newsletter:
http://bit.ly/CEAnews

Testimonial from Satisfied Clients

“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.
Weilun & Benita (Property Seller)

“We are very grateful to Nick for his extensive marketing efforts. With his comprehensive marketing plan, he helped us to achieve a record selling price within 2 weeks of listing our property for sale! We highly recommend his service to anyone who is keen to sell their properties.”
Mr & Mrs Wong (Property Seller)

“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) Read More

Hi

If you are a foreigner, you will not be eligible. You will not be able to apply for an HDB loan. If you are a single below 35 years then you need to wait till you are 35. You will have to dispose of every private property you own.

It would be more constructive if you would text or call 9620 0827  for an open discussion.

Regards

Gavin Read More

Hi,

These are some of the restrictions and cost involved:

For Sale of private property,
1) Seller Stamp Duty (SSD), if applicable
2) Conveyancing cost
3) Agents Commission

For Purchase of HDB flat,
1) Form a family Nucleus, eligibility to purchase
2) Need to serve 5-year MOP thereafter
3) Buyer Stamp Duty (BSD)
4) Additional Buyer Stamp Duty (ABSD), for PRs.
5) Conveyancing Cost
6) Agents Commission

Should you need any 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