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Hi

You may text 9620 0827  for a casual chat. We can share the HDB policy, transaction process and timeline and an estimated financial commitment.

Warmest regards

Gavin 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.

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

HI,

I am afraid your friends are wrong about COV. There are still a lot of COV cases in resale HDB and we are not able to determine this before the purchase. Thus, prudent consideration must be made before making an offer on the unit and this is where you should engage an agent to assist you.

For a first timer, there will be HDB resale grant for singles as well.

Thanks!

Alan Sng
ERA Read More

Hi,

1. There are still COV in some of the resale transactions, some even has COV over hundereds of thousand, especially those million dollars flat.
Normal case, $10~$50k COV is still heard.

2. How to avoid COV? You have to carefully negotiate with the seller. Usually COV are common in those flat that looks very nice. You have to check the past transactions to determine whether seller is asking beyond market value.

3. Grants for single are:
a) Single grant: max $25k
b) Enhanced CPF housing Grant: max $40k
c) Proximity housing grant: max $15k

3a - $25k for 2~4-rm resale flat, $20k for 5-rm resale flat.

3b - This shall dependent on your income level:
Income <$750/mth, grant = $40k
every increment of $250/mth, grant less $2,500.
Income ~ $4,251 to $4,500 = $2,500
Income >$4,500, grant = $0

3c - there are 2 types: Stay with parent or within 4km radius
stay with parent, $15k, parent must listed as occupier and not owning any private or HDB
Stay within 4km, $10k

Hope the above answer to your main concerns, but if there are more query, 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
https://www.facebook.com/Homesellerbuyer

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Hi,

Whether or not there's COV will depend largely on the price you offer for the flat, as well as the Valuer's perceived value of the flat.

To minimise the possibility of COV, it is best if you could do proper research on the area of the flat you wish to purchase. Alternatively, you could engage the GTA agent in the estate to assist you in your purchase.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans.

Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305  .

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More

Hi there,

Not sure where your friends got the information from, but COV is ever-common recently. Even COV can't get you many units these days.

Feel free to contact me to discuss further.

Regards,
Teck Chuan
BBA (Finance), NUS
Marketing Director
ERA Realty Network Pte Ltd
Mobile: 91374602  Read More