AskGuru Q&A Community

Hi Rambabu,

You can possibly start shopping about 3 months later, and only exercise OTP after 30 August. However, should you find a suitable unit, we can always negotiate for a delayed submission to "book" the unit.

Feel free to contact me at your convenience, and we can discuss this further.

Thanks and regards,
Teck Chuan, Ng
BBA (Finance), NUS
ERA Realty Network Pte Ltd
Mobile: 9137 4602  Read More

Good afternoon Rambabu,

It will be too early to do househunting now as you wont be able to ink the option to purchase also. Your in principle approval wont be invalid by then as well.

It will be advisable to start househunting 1 month before you fulfill SPR status for 3 years. Perhaps 1 August.

Once you ink on OTP, we can submit resale application to book 1st appointment. Whole legal completion period could be 3 to 4 months. Thus you might be able to move in around Dec.

Hope my sharing is beneficial to your property purchase.

May I know how can I continue to value add in this purchase?

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Vice President (Agency)
R043025D
Property Avenue Pte Ltd
Estate Agent no. L3010650D
Blk 420 North Bridge Road #03-30 North Bridge Centre S188727

(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W):www.yttan.com Read More

Afternoon,

As you will still require around 5 more months to fulfill the 3 years holding on SPR status, it would be too early even for loan assessment. It would be more prudent to have it done around late July and start the house hunting concurrently.

Do contact me further for discussion.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More

Hi Rambabu Puligedda

The experience we had in taking most SPR/SPR for viewing will be 2 weeks before they meet the waiting period of 3 years.

Although we share your enthusiasm, however any earlier will be a frustrated effort on your part as you cannot make any booking.

You may at the same time request for a fresh IPA (In-principle approval for the loan).

The 1st appointment will be about 4-6 weeks from date of option. This 4-6 weeks time frame will be dependent on the number of transactions in HDB at that time.

Should you have any questions, you may call 9620 0827  for a chat or email to gavin.ng@orangetee.com like some of the SPR/SPR did.

Regards

Gavin Read More

Hi Rambabu,
A month before both of you meet the 3 years PR status, we can start to work on the requirements and the bank loan.

To assist and advise you more in details, kindly drop me an email for me to share.

I am contactable at my mobile or email.

CK Ang
 9046 3808 
res.ckang@gmail.com Read More

Hi Rambabu Gaaru,
As a PR there are certain other criteria to consider for buying HDB PROPERTY.
To Guide you better please call or sms to 83994949  .

Thank you
Suma Pamu
R041733I
 +65 83994949  Read More