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Dear sir,

You are absolutely on the right direction. Rather than spending on rental for the next 3 years where we can see that rental in Singapore has risen so much over the past 2 years, and help other owners finance their property, why not buy something now while you wait out the 3 years before you do another round of assessment to determine if you should upsize but downgrade to a HDB?

You will be eligible for a resale HDB as long as you dispose ownership of the private residential property within 6 months of taking possession of the resale HDB, and yes, ABSD is applicable on both the purchase transactions if we follow the existing stamp duty guidelines. If we study the trend of real estate market, you will understand the benefits of the ownership of a property in Singapore as a SPR despite the stamp duties applicable.

We have a dedicated team to serve expatriates like yourself settling in Singapore, whether you have just arrived or you have been here for a while. Perhaps we can meet up for a chat without obligations and work out some options for you.

I have been in the real estate business since 2009, with more than 13 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 9,400 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.

With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.

We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!

Warmest regards,
Geryl Lim
Associate Group Director
Salesperson Registration No. R014783H
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
[main] +65 6471 8888  [mob] +65 81577565  [LDA] +65 92787772 
www.geryllim.com

My self introductory video on https://www.youtube.com/watch?v=S_2NydENfx0

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Landed Dynamic Alliance
Home of *7772 Hotline
Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ http://l.ead.me/7772 Read More

Good morning,

Congratulations on getting the PR status! Yes I would think if the finances are ready, it is always better to purchase a property now then later, as one you are saving on the rental expenses as indicated, and two the property price you are looking at may have increased by another few percentage points by the 3rd year when you buy. Both rentals & prices are on a upward moving trend still and renting is not really to your advantage.

Yes if you buy condo now, you still can get a resale HDB after 3 years. Do note that for SPR buying the 1st residential property, a 5% ABSD is payable regardless. Hence buying a condo today will incur that, and selling it and buying a hdb later will also incur, assuming regulations remain the same.

Hope the above clarifies. May I have more info and requirements about your plans so as 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

SEAA Salesperson Achievement Award 2021 (Gold)
SEAA Singapore Accredited Mortgage Planner (SAMP)

ERA Top 93th Achiever for Full-Year 2020 (Top 1.5% Company Level)
ERA Top 11th Achiever in June 2020 (Top 1% Company Level)
ERA Top 91th Achiever in 2nd Quarter 2020 (Top 2% Company Level)
ERA Top 15th Achiever in April 2019 (Top 1% Company Level)
ERA Top 86th Achiever in Sept 2019 (Top 2% Company Level)

SMU BBM (Finance), Magna Cum Laude
Proactive. Sincerity. Feedback.

Contact: (+65) 97432395 
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-- HDB Yishun BTO 5-RM Sellers, Private Property Upgraders Mr. & Mrs. Koh --

I would like to express my appreciation to Ivan Ng for his excellent work. Ivan is a dedicated, client-focused, patient and sincere agent. Throughout the whole process of selling and looking for our next property, he has always acted very professionally that makes my wife and I feel at ease and assured. Ivan is not a pushy and hard sales agent. Ivan listens and understands our needs and carefully guided us through. Thank you Ivan.

- Condo Sellers Mr & Mrs Wee : We would like to share our appreciation and commendation to Ivan for their professionalism and dedication in handling our property transaction. It was a great pleasure to work with him as he was patient throughout the entire process and explained to us and clarified any doubts we had without fail. He was also very prompt in responding to all the queries we had. While we were unsure if we were able to sell off the property in time, Ivan constantly reassured us that it was possible and offered his professional advice. In fact, he managed to secure an offer to sell the property above our expected price while concurrently negotiated the buying price for our next property. Having Ivan as our agent significantly made the entire process seamless and fuss-free.

- Property Buyers Mr & Mrs. Wang: We want to convey our thanks to Ivan, who helped us find our first home. Ivan was very responsive when we first met, and took time to understand our needs and requirements for our first home. He helped us narrow down our criteria and gave us good advice on how to structure our mortgage as well. He also made a great recommendation of an area we never thought of, and it was where we eventually bought our home. We appreciate Ivan's thoroughness in pros and cons of all our options that we viewed. We never felt pressured or rushed to make a decision. In fact, Ivan gave honest and useful inputs on the considerations of acting immediately or waiting. All in all, it was a very smooth experience. Read More

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, yes your move is towards the right direction. As most HDB flats would not give you the maximum capital appreciation as compared to a private property.

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

Hi Sir,

It is a better idea to purchase a condo now instead of waiting for 3 years to buy a HDB, these are the reasons why:

1. Rental market is at a high now and therefore paying rental to a landlord instead of servicing your own house is not a good idea.

2. Your idea of buying a condo now and downgrading to a HDB is a better option because condo appreciate in the long run and therefore the value of your house will continue to go up. Most people will downgrade to a HDB nearing their retirement age so that they can unlock the value from the house and use the funds for their retirement.

3. If you still have many years of working life in front of you, you should purchase a condo first and upgrade to a bigger condo a few years down the road (possibly when you become a citizen so that you can avoid the 5% ABSD). The last step would then be a downgrade to HDB to unlock your assests.

4. A condo is a better option as compared to HDB because HDB price depreciate with the lease decay.

Please feel free to contact me so that I can provide you with an in depth analysis of your situation.

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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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 Read More

Hi Do contact me at 97979020  0 to discuss more

Mark, your RIGHT choice
Propnex Read More

Dear Sir/Madam,

Hi, I am Brendan!

Buying your own property now is definitely much better than renting. Property prices in Singapore over the long term is always increasing. 3 years later the price may be even higher and you could sell for a profit to upgrade.

Yes, if you buy condo now you can downgrade to HDB in future.
Yes, based on current regulations if you upgrade to another condo you will need to pay ABSD. But your profit from the sales may be able to offset the ABSD.

I had helped many couples and families planned their property wealth creation, if you will like to know more, pls contact me at 9754 5207  .
Or Whatsapp me by clicking this link: wa.me/6597545207 which will direct you to open Whatsapp on your mobile phone.

Thank you!
Brendan Bay, ERA
 +65 9754 5207 
wa.me/6597545207
bay.binhao@gmail.com Read More

Hi ,
I would be glad to assist you.
Feel free to contact me @ 97100155  or https://linktr.ee/peiproperty.
Hope to hear from you soon.
Pei @Propnex Read More

WhatsApp me at: ABLE Toh (65) 9856-9255  or through this link.:https://wa.me/6598569255
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