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Good morning investor,

Do take note that SPR household has to dispose off their HDB within 6 months from private property completion or TOP date be it you have outstanding or have fully paid up your HDB.

If you are thinking of holding on to your HDB, can consider investing in commercial or industrial property instead.

If not, you have to sell HDB and invest in residential property in two individual names. Sell one buy two.

Hope my sharing is beneficial to your property needs.

May I know how can I continue to value add in your 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

Hi there
unfortunately you cannot keep your hdb if you decide to upgrade to a pte property. I will be available at 91442664  for a detailed discussion. Looking forward to assist you.
Tricia Tan
 9144 2664  Read More

Hi,

Yes SPR households need to sell away their HDB if they purchase private property. It doesn't matter whether HDB is fully paid up or not, you are still required to sell the hdb within 6 months of key collection to private property. May I understand your plans further so to make better recommendations? Thanks and hope to discuss further.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

Email: Ivanng10@gmail.com
Contact: (+65) 97432395 
Facebook Page: www.facebook.com/ASAProp
Website: http://www.ivanng10.com/#!reviews/c11r1
(Client's Testimonials) Read More

Hi Sir/Mdm,

For SPR, you cant own HDB and private condo at the same time. If you are thinking from an investment perspective, you may wish to consider to invest in commercial properties which are able to generate a steady stream of income without having to sell your HDB flat.

Alternatively, if both of you are working, you may consider getting 2 residential properties, one for own stay and the other one to rent out to generate income and for future capital appreciation.

Ultimately, you will need to work out your finances and see which plan is feasible. Please feel free to contact me so that I can draft a financial plan for you and assist you further.

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nicktan@propertyavenue.com.sg / nick96444854@gmail.com
(W) www.nick-tan.com / www.propertyavenue.com.sg

Testimonial from Satisfied Clients (2015/2016)
“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 from Property Avenue 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)

“Nick is a responsible, efficient and excellent salesperson. He has very good knowledge of the real estate market and I benefitted a lot from his advice and sharing. He is extremely patient when guiding me through the buying process and I am happy to secure a dream house within my budget with his assistance. A highly recommended salesperson who made my house hunting journey a breeze.”
Ms Chia (Buyer of HDB)

“Nick provides a delightful customer experience from day one when I engage him as my agent to look for a flat of my choice to the completion of the deal. He is competent, resourceful and has a pleasant manner to work with. He is the Agent of my choice in dealing with properties and I would highly recommend him to others who would appreciate an agent that takes care and can give the customer a peaceful mind.”
Susana (Buyer of HDB)

“Nick is very pro-active in helping us to resolve whatever questions and problems that we encountered. All the issues are settled even before us having to request or ask for a second time. He was very frank and transparent with all the details, limitations and advantages that we wouldn’t have known. I think this is the most important virtue to be successful in this line. I will surely recommend him to anyone who needs his service because I trust that they will be equally satisfied!!”

Mr and Mrs Chan (Sold and Bought a property through Nick) Read More

Afternoon,

SPR are not eligible to own HDB and private property at the same time. Should you decide to purchase private property, you will be required to sell off your HDB unit within 6 months from key collection date. The same applies even if the owner had fully paid for the current HDB unit.

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

Hi investor,

You'd have to sell off your HDB within 6 months of getting the keys of your private property.

However, I would advise you to start marketing your current unit or even secure a buyer first before proceeding to commit on the next purchase.

Feel free to contact me at your convenience, and we can carry on from there.

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

Hi,

You would have to dispose off your unit within 6 months.
Perhaps we can speak more in depth for me to understand and advise you further. Thanks!

D Kumar
 +65 96659926 
ERA Associate Division Director
www.kumarrai.com ( Recent Awards and Testimonials)

#1 team of ERA in Singapore, Asia Pacific International for 2014/2015

2015 ERA Asia-Pacific Business Conference Elite Award
ERA 2015 Q1 Top Achievers (Top1% of ERA)
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2014 ERA Asia-Pacific Business Conference Elite Award

P Group
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