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Hi,

Yes resale levy will still apply, and it will be half of the full amount. May I know which new EC you are considering? 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 ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

Email: Ivanng10@gmail.com
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(Client's Testimonials)

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-- 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,

Resale levy:
As long as one of the applicant had obtained subsidize from government, you are required to pay resale levy. But since you are the only one received the subsidize thus it is only 50% of resale levy.
The resale levy are dependent on your subsidized flat type as follow:
(a) 3-rm: $30k.
(b) 4-rm: $40k
(c) 5-rm: $45k
(d) EA/EM: $50k

Hope the above answer to 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

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Any response to our answer does not reach us until we scroll through each and every queries posted daily.
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Hi,

Congrats on your decision to purchase an Executive Condominium. Personally I would tell you that it is really a good and right choice.

For a start, let's talk about your resale levy. For your situation you will need to pay resale levy but it will be half the levy amount. I always tell my clients and even relatives and friends, if we want to pay resale levy, then we need to make sure that the resale levy is worth paying. Which in this case, it is definitely worth paying.

Right now we are facing an issue here and that is there is not really much choices left for ECs. So choosing the right one is very important too. What I would suggest is that we can probably meet up for a chat and we can have a chat on this. No worries there will be no obligations at all. We can take this opportunity to share a little more with you on ECs and why we strongly encourage. After that then it will be which ECs are the ones that we can and should consider. Financial calculations will also be an important factor in this purchase too. So we can also do some calculations for you. You can keep the calculations and you can make a better and more informed decision with figures in hand.

My partner and I have served many clients over time and many have also became our friends, Some have also been kind enough to leave testimonials for us. We we featured in Council of Estate Agents (CEA) newsletter for good client service. Personally I also won the SAEA Real Estate Excellence Silver Award for Best Client Service in year 2014. We pride ourselves as agents who places our clients interests in top priority and we believe that we will be able to provide some good advice to you too.

Looking forward to hear from you! Cheers!

Best Regards,

Jeffrey Heng
Associate District Director (Sincerus Division)
NAVIS Living Group - A group in OrangeTee that believes in Technology, Training & Teamwork (3Ts)

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Good day. Let me walk u through the entire transaction.
Yes you will be subject half of the resale levy.
Lets do a meet up so I can share with you financials involved and timeline.I would be available via a call/msg at 91442664  .

Best Regards,
Tricia Tan
 91442664 
Group Director
propnex realty pte ltd Read More

Hi Mdm,

In a normal situation, you will need to pay 1/2 the resale levy when you purchase the EC. However, I have assisted my clients for situations in which they are 2nd timer and need not pay a resale levy when buying a new EC.

Please feel free to contact me so that I can understand your situation better and provide you with further assistance!

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

Featured on Council for Estate Agencies (CEA) Newsletter:
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Testimonial from Satisfied Clients (2016/2017)
“Nick is a responsible, efficient and excellent salesperson. He has very good knowledge of the real estate market and I benefited 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.”
Susana (Buyer)

“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) Read More

Good morning buyer,

Actually it depends.

If you transfer your ownership, you might not subject to resale levy.

But if you sell off previous subsidised flat, you will be subject to 50% resale levy.

Hope my explanation helps!

Do take note that EC supply is diminishing at a quick rate, we have to act fast!

Care to share do you have any preferred EC?

"Your Freehold Ally, Leasehold Tactician"

YT TAN 陈永达 | ACCA Graduate, RES
Associate Group Director
R043025D
Propnex Realty Pte Ltd
Blk 480 Lorong 6 Toa Payoh, #11-95 HDB Hub East Wing, Singapore 310480

(M): +65 9111 5171 
(E): yt.tan91115171@gmail.com
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Accolades:

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