1. For matured estate, there are still a healthy demand for older resale flats due to the amenities and the convenience.
2. You will not be liable for ABSD, just normal stamp duty of about 3%. If you were to take a HDB loan, you will be able to secure up to 90% of the valuation. For a bank loan, it will be 80% of valuation. The balance 20% will consist of 5% cash and 15% CPF.
3. If you wish to purchase a HDB with less than 60 years lease, I recommend that you purchase in a central location so that you will not face issues selling in the future.
I have a 2rm nicely renovated unit for sale in TPY. You can refer to the link for more info!http://www.propertyguru.com.sg/listing/hdb-for-sale-54-lorong-5-toa-payoh-20249134
Please feel free to contact me if you need further assistance!
(M) +65 9644 4854
Testimonial from Satisfied Clients (2015/2016)
“Nick is a responsible, efficient and excellent salesperson. He has very good knowledge of the real estate market and I benefitted a lot from his advice and sharing. He is extremely patient when guiding me through the buying process and I am happy to secure a dream house within my budget with his assistance. A highly recommended salesperson who made my house hunting journey a breeze.”
Ms Chia (Buyer)
“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 care and can give the customer a peaceful mind.”
“Nick is very pro-active in helping us to resolve whatever questions and problems that we encountered. All the issues are settled even before us having to request or ask for a second time. He was very frank and transparent with all the details, limitations and advantages that we wouldn’t have known. I think this is the most important virtue to be successful in this line. I will surely recommend him to anyone who needs his service because I trust that they will be equally satisfied!!”
Mr and Mrs Chan (Sold and Bought a property through Nick)
“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)