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I am intending to get a smaller EC and upgrade to a bigger EC in future. the 1.5 year waiting period after selling the first EC is too Long. Is there anyway to avoid this? What do most couples do with their living arrangement when they upgrade EC.
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3 Answers

Hi,

Its a waitout period of 30 months (hence 2.5 years) after selling your 1st EC if you intend to upgrade to a bigger new EC. A resale levy applies as well. Theres no workaround on this. You may want to consider getting the bigger EC unit right from the start.

There are some cases whereby young couples go for a smaller EC unit, reap the appreciation and thereafter make the jump to a larger private condo or use the profits to pay up their resale HDB fully. Perhaps that might be the similar for your case.

May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
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Hi,

There are a myriad of ways we could go about.
You could fiancé the purchase of a bigger private condo with the sales of the smaller EC or buy a smaller condo and upgrade to a bigger one with the profits. There are many ways to go about this however it needs critical planning and discussion.

What we can do now is to sit down and discuss more on your expectations and requirements as well as understand your finances comprehensively. Then we can proceed to work out your financial cash projection and breakdown needed for the purchase. I will also share more insights on the market- proving up to date transaction caveats & price analysis of properties in the last few years v currently to identify and illustrate the trends.

Let's catch up at 96659926  and allow me to walk you through this process seamlessly! Furthermore, no agent fees is involved, with the entire technicalities of the purchase resting on my shoulders to best protect and maximize your interest.

D Kumar
 +65 96659926 
ERA Associate Division Director
www.kumarrai.com

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

About Me-
ERA Top Achievers 2013/14
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2014 ERA Asia-Pacific Business Conference Elite Award

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YT Tan (陈永达)
Good evening buyer,

most couples like both of you will usually sell off EC and shift to a condo or HDB if you are looking for bigger space.

If you have time to meet up, i am more than willing to share my future plans as an EC owner on how I am going to grow my assets and shift to a bigger space.

Hear from you soon!

- One of well-earned Star Performers under the category of Top Private Property Transactors in Jan 2017-

Warmest Regards,

YT TAN 陈永达 | ACCA Graduate, RES
Associate Group Director
R043025D
Propnex Realty Pte Ltd
Blk 480 Lorong 6 Toa Payoh, #11-95 HDB Hub East Wing, Singapore 310480

(M): +65 9111 5171 
(E): yt.tan91115171@gmail.com
(W):www.yttan.com
(FB): www.facebook.com/yt.tan91115171/ Read More
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