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I am currently selling my HDB flat and intend to look for a condo. It is possible to find one where I am able to rent it for 3 months 1st while pending for my HDB transaction to be completed before official purchase of the condo?

Any advice is appreciated. Anyone who currently has a vacant condo for sale but willing to consider intial rental do let me know. My budget is preferably not more than 950k. Thanks.
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1 Answer

Mike Lim
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Morning Kit,

After signing the OTP, for the sales of your HDB unit, it will take 3 months or so, prior to completion. During these process, you can purchase the condo and let both process move concurrently.
You will have some time gaps between the sales and purchase, of about 2 to 3 weeks, if no renovation is required. However, if the unit that you are purchasing is vacant, you can talk to the seller to allow "Tentancy at Will" for certain amount of time.
As for the budget you have set aside, it would be good for 2 bedroom units and maybe 3 bedroom units, in certain area and projects.

Do feel free to contact me for further discussion.

Regards
Mike Lim
 96929209 
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