AskGuru Q&A Community

Question

HDB Questions

Asked by Mr. D DS 19 Dec 2014

Hi, we are Singapore PR and own a HDB flat (MOP already passed). Plan to Renounce the PR. Still haven't decide which one should do first :Renounce PR then Sell HDB or vice versa
Thanks

3325 views

Upvote Upvoted

5 Answers

Previously Asked Questions

Aaron Chong · Answer 1 · 2014-12-19T18:12:57+08:00

Aaron Chong

Replied 19 Dec 2014

Hi Mr DS, you may wish to consider sellng your hdb unit first. Reason being due to the weak market sentiment, it takes a longer time frame for the marketing effort and finding the right buyer to offer your unit. And as for renouncing of PR status, one could do it anytime. Pls feel free to let me know if you need any assistance.

Regards
Aaron
97308455
aaronchong2774@yahoo.com.sg Read More

Upvote Upvoted

Ivan Ng · Answer 2 · 2014-12-19T19:15:33+08:00

Ivan Ng

Replied 19 Dec 2014

Hi,

As mentioned, it is better to sell the HDB first before renouncing PR status as you have more time to manage your plans. May I understand your housing requirements before further value-adding?

Warm regards,
Ivan ERA
97432395
ivanng10@gmail.com
www.ivanng10.com Read More

Upvote Upvoted

Mike Lim · Answer 3 · 2014-12-19T19:28:57+08:00

Mike Lim

Replied 19 Dec 2014

Evening,

The advice that I have given to my client who just moved to Europe is to sell the unit first. Selling of your HDB unit would take time. Upon getting a buyer, you can then concurrently apply for the renounce on your SPR status. However, if you choose to renounce your SPR status first, you will be limited to sell your unit within 6 months timeframe.

Do feel free to contact me for further discussion.

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

Upvote Upvoted

Joanne Chia 谢诗琳 · Answer 4 · 2014-12-19T21:38:34+08:00

Joanne Chia 谢诗琳

Replied 19 Dec 2014

Good day mr D DS.
You will be in less rush if you sell your hdb first .
Secondly paperwork for the hdb sale will either be cheaper or more convenient if you are still based in spore .
Kindly contact me for a no-obligations chat for your property needs .
My charges are 1% comm for exclusive selling rights to your property .

Joanne chia
Hp 8333 3327 Read More

Upvote Upvoted

YT Tan (陈永达) · Answer 5 · 2014-12-20T11:09:30+08:00

YT Tan (陈永达)

Replied 20 Dec 2014

Good morning D,

Seems like all my colleagues have advised you appropriately.

If you need any assistance in your property sale, feel free to contact me.

Hope to hear from you soon!

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
District Director
ECG Property Pte Ltd
(M): +65 9111 5171
(E): yt.lovelyhomes@gmail.com
(W): www.yttan.com Read More

Upvote Upvoted

AskGuru Q&A Community

5 Answers

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

AskGuru Q&A Community

Want this question answered?

5 Answers

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours