AskGuru Q&A Community

Hi
If you have met your MOP, you are eligible to sell.

Attached is a link for your reference. https://tinyurl.com/y39sn9gp

You may text 9620 0827  for a casual chat.

Gavin Read More

Hi,

You can check your eligibility to sell on HDB website.

https://services2.hdb.gov.sg/webapp/BP21NonPortalWeb/jsp/ETS/BP21PEligibilitytoSell.jsp

If you need any assistance in selling and purchasing of home, do drop me a message @ 8118 4108  and i will get in touch with you.

Regards,
Nicholas Read More

you can do intend to sell or buy first sell later.

Regards
wilson leong
 96305577  Read More

Hi,

As long as your MOP of 5 years are met and finances are comfortable, definitely the upgrade to condo from hdb is not an issue. I have worked on similar cases and will be happy to share the best approach.

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
ERA Senior Marketing Director
ERA Top 600 Achievers in Year 2017 (Top 10%)
ERA Top 300 Achievers in 3rd Quarter 2017 (Top 5%)
SMU BBM (Finance), Magna Cum Laude
Proactive. Sincerity. Feedback.

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. 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.

We're looking to find an investment property next and will be glad to work with Ivan again for the long-term to restructure our property portfolio. He has become a friend now, and we are most happy to recommend his professional services to our loved ones and friends.

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

We decided to engage Ivan as our agent as we were impressed with how he answered all our enquiries. 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. Thanks Ivan! :)

-- Sellers of Exec Maisonette Gaffoor & Isha --

Buying or selling property is a big decision, as we wanted to make sure our agent is someone we can trust, get in touch with, and approachable. Ivan certainly fits the bill. He was available anytime of the day to answer our queries and was with us throughout the process. We have no reservations in recommending him.

-- HDB BTO 4rm Sellers at Sengkang, Jonathan & Abigail --

By faith, we signed the contract with Ivan and in less than two weeks time, we opened our house for the first and the only viewing, days later the OTP was signed! Thank you for all your excellent diligent services and all the professional advise!

-- HDB upgraders to New EC owners Mr. & Mrs. Goh --

My unit was marketed by another agent back in Q3 2017 and after more than 3 months, there wasn’t any offer. I almost lost hope and thankfully I made the right decision to switch to Ivan. Through his hard work, perseverance & commitment, my unit was sold by Q1 this year. Would definitely recommend Ivan’s services to any potential sellers out there. Read More

Hi Sir/Madam

Yes it is possible if you have fulfilled 5 years MOP of your HDB
I will be glad to assist
Will you be interested in new launch condo only from $6xxk, 5 mins walk to future MRT?
No agent fee from private property buyer

I won't be able to contact you first as I do not have your contact, appreciate if you can contact me at (65) 96608508  or Silviayang8@gmail.com with details of your unit
or click here http://bit.ly/2tzIQ1a to whatsapp me for no obligation discussion
Thank you.

Warmest regards,

Silvia Yang

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

Hi Sir/Mdm,

First of all, congrats on your intention to upgrade from a HDB to a condominium! With the current market sentiments, I have to say you are making the right move.

Basically there is no restriction for you to upgrade from HDB to condominium. The only thing that we need to take note here will be your HDB Minimum Occupation Period or what we call MOP in short. As long as we have fulfilled 5 years of MOP then we will be eligible to sell off the HDB and upgrade to a condominium.

For such upgrading cases, the 2 most important thing will be to do a proper financial calculation and also a very detailed timeline planning. Only when these 2 are done well, then the upgrading move will be smooth and stress-free. Many a times, I hear a lot of sellers starts to stress when the timeline is not planned properly and they end up having no time to renovate their property and they need to spend unnecessary expenses to rent a property to tide them through the period.

Just recently, I have done 3 cases of such upgrading cases. One of them sold their HDB in the central area and upgraded to a landed property nearby, one sold their HDB in the north and upgraded to a condominium in Pasir Panjang area and another sold their HDB in Punggol and upgraded to a beautiful patio unit in the same town. Maybe what I can suggest Is that we can actually meet up for a chat on this. Do not worry as there are no obligations at all. We can really just take it as a chat. And we can take that opportunity to do a financial calculation for you. When it comes to financial calculations, it is not just as simple as whether can you afford it. It is also planning for some reserve funds on rainy days. Of course we can also give you some advice based on your needs and requirements and answer some questions that you may have.

Just to share a little more about myself. I have been in this industry for 10 years and I work closely with my partner who is also my wife, who have been in this industry for about 8 years. Over our tenure in this industry, we have really served many clients and we are proud to say that many have become our friends in the midst of walking the real estate journey with them. Many of them have also left testimonials for us for our service rendered. We were also featured in Council of Estate Agent's newsletter for Great Client Service and personally I also won the SAEA Real Estate Excellence Silver Award for Best Client Service. Being great partners, we were also being interviewed and featured by PropertyGuru. I have left the links below and maybe I can trouble you to copy and paste the links in your internet browser on your phone or computer and take a look. I am sure you will be able to have a glimpse of how we work to serve our clients. One of the links is actually a video testimonial by a beautiful couple whom we upgraded them from a 3 room HDB flat to a beautiful 2 bedroom condo in the east. As seen in the video, initially they did not even know that they can upgrade but after some calculations and brainstorming, they are already happily staying in their condo now.

I will be looking forward to hear from you soon! Cheers!

Best Regards,

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

Founder of Sincerus Division
SAEA Real Estate Excellence Silver Award - Best Client Service (2014)
SAEA Real Estate Excellence Award Nominee - Best Client Service (2012/2013)

* Featured in CEA Newsletter for Great Client Service - https://goo.gl/NMusPZ *
* Featured in Propertyguru Magazine - https://goo.gl/cioyEu *
* Words From Clients - https://www.sgpropertyadvisers.com/testimonials *
* Check Out Our Client Testimonial Video Here - https://youtu.be/WzNepsjH1Oc *

Mobile : +65 9858 1322 
Email : hengjeffrey@gmail.com
Web : www.sgpropertyadvisers.com Read More

Hi,

As long as you have met the 5-year MOP of your HDB flat, you will be eligible to sell it off and upgrade to a private property.

If you're upgrading, you might want to focus your attention on the Timeline for both your sale and purchase, to avoid unnecessary cost upfront.

If your HDB is still under loan, and you're looking to take maximum up to 75% of loan for your new condo, and at the same time avoid ABSD (12% for Singapore Citizen's 2nd property), you will need to sell off your HDB flat first before you commit to purchase the condo.

And if you need the sale proceeds from your HDB flat to pay for the condo, you will need to take note of the Timeline too. Also, as shifting house can be a tiring process, I believe you would also want to avoid the hassle of having to shift house more than once? Hence, I think it is very important for you to take all these into consideration first before you take any step.

I have helped many clients upgrade to their new homes with minimal fuss. And I would be glad if I could help you do the same too.

I am experienced and well-versed in both private and HDB resale transactions. My area of focus is in Central/Queenstown/Bukit Merah region, and I am blessed to have transacted several "million-dollar" HDB flats over the past 1-2 years, with many others in the $900k+ range.

I will be able to assist you in your upgrading plans. Please get in touch with me for a more in-depth discussion.

Should you need require 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

Hi, I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Hope to hear from you soon and have a great week ahead. By the way, can I have more info of your HDB unit detail so that I can find out about the unit value on your behalf alright?

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

Hi Do contact me at 97970200  to discuss more

Mark, your RIGHT choice
Propnex Read More

Hi there,

Thank you for your query!
If you would like assistance in this matter, please do contact me for a discussion for me to advise you further and as you requested share in depth price analysis details on your block and surrounding vicinity (capital % gains). More details on your end will enable me to churn out a more comprehensive, exact and thorough financial calculations with exact figures. Furthermore, I would be able to share more on the varied marketing strategies and mediums through which your property might get maximum exposure as well as study the recent up to date transaction caveats of similar sized units in vicinity and hence, present a sales and elevation report to advise further. I have transacted a EM unit in Bishan at Record Price and it was published in the Newspaper (Available on my website).

Visit my website for my recent accolades and testimonials@ www.kumarrai.com.

D Kumar
 +65 96659926 
ERA Associate Division Director

#1 team of ERA in Singapore, Asia Pacific International for 2014/5/6/7

ERA 2015 Q1 Top Achievers (Top1%)
ERA Top Achievers 2013-2017
ERA Multi-Million Dollar Club Award
2014 ERA Asia-Pacific Business Conference Elite Award

P Group
Overall Top 100 achievers 2014-2018 Read More

Hi

No restrictions if you cleared your MOP , other considerations are finances and ABSD if you are not singaporean .

Kindly contact me Joanne Chia hp 8333 3327  for a no obligations chat for your property needs.

I am not able to contact you as i do not have your contacts .

Commission rates are negotiable , generally is about 2% .

My charges are 1% comm for exclusive ( sole agent ) selling rights to your property , or 2% for open listing ( many agents ) .

Joanne chia.
Chia_joanne@yahoo.com.sg
Hp 8333 3327  . Read More

Dear Sir/Mdm,

There are no restrictions as long as you have met the 5 years Minimum Occupation Period (MOP) for your HDB. However you will need to pay special attention to the timeline and cash flow so that you can able to upgrade smoothly and seamlessly.

In terms of cash flow and timeline planning, it will be ideal to time the sale and purchase concurrently so that you can minimise your cash outlay and use the funds tied up in your HDB to finance your condo purchase. You will also be able to avoid the Additional Buyer Stamp Duty that is applicable for the purchase and not need to rent a place to stay in the transition.

I have assisted many clients to upgrade successfully from their HDB to a private property. Please feel free to contact me so that I can understand your situation better and draw up an upgrading 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 Sir/Madam

The only restrictions is 5 years of Minimum occupation period for your existing flat..

Thanks.

Raymond Lim
CCN Realty Pte Ltd
 91388805 
Email: raymondshaq@hotmail.com Read More