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Hi, appreciate your sharing.
1. Best to consult banker to check base your current loan and situation.
2. For back to back situation, you only have 1% from the purchase and balance funds at the completion date. For purchase you require to have the 5% - cash and stamp duty (cash or CPF OA).
Looking forward to assist you at 9696 4398  or email me at stewartlim96964398@gmail.com

Cheers
Stewart-PropNex Read More

My Answer with regards to your Question:

YES POSSIBLE AS THE OTHERS HAVE POINTED OUT Read More

Hi Mr Tan

Selling:
1. Is your current property HDB? If yes, Have you fulfill 5 years minimum occupation period (MOP)?
For private property you can sell anytime.

2. Steps in selling
- Appoint agent to market your unit, I will be glad to assist on this
- After that I will proceed to market your unit in online portals and propose to buyer on hand.

3. Pricing Strategy
Selling price will be depend on level, facing, condition of unit, etc
Appreciate if you can contact me at (65) 9660.8508 with details of your unit so I can advise accordingly

4. Based on the est selling price that you provided, assuming you did not used your CPF for purchase last time, gross cash proceed will be $420k (exclude agent fee, lawyer fee, etc)

5. I will be glad to assist finding the right buyer

Buying:
1.Based on the number that you provided, it seem possible to upgrade to $1mill - $1.1 mill condo

2. Do you intend to take loan for your purchase?
If yes, Before shortlisting project/unit, I will suggest to check your in principal approval of your loan from banker.
I can connect you with reputable banker for this, free of charge and no obligation.

3. Based on $1 mill, and assuming loan is 75%
5% Cash = $50,000
20% Cash/CPF = $200,000
BSD (Cash/CPF) = $24,600
ABSD (Cash/CPF) = $50,000
Legal fee = $2,700 (estimated)
Please contact me at (65) 96608508  and I can share the breakdown for this calculation including timeline.

4. If I managed to execute buy and sell in the same period, sell then buy I will still need to prepare at least 14% of cash for option right?
------) it is depend on whether you are buying resale condo or building under construction.
Buyer Stamp duty and Additional Buyer Stamp duty for resale you need to use cash first to pay then can apply to reimburse from CPF if you like to.

5. How many bedrooms are you looking at and which area you prefer?
I have current price list, promo of every projects in Singapore and will be glad to advise you
No agent fee from private property buyer

I will be glad to assist, I am well versed in HDB and private property and has done many transactions
I hope the above clarifies, please feel free to contact me at (65) 9660.8508 so I can explain further
Appreciate if you can contact me at (65) 9660.8508 with details of your unit
or click here https://bit.ly/WaSilvia to whatsapp me for no obligation discussion
Thank you.

Warmest regards,

Silvia Yang

Senior Marketing Director
ERA Realty Network Pte Ltd
Mobile: (65) 9 6 6 0 8 5 0 8
Email: Silviayang8@gmail.com Read More

Hi,

I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Have a good day ahead. By the way, with regards to the purchasing, perhaps I could refer a mortgage broker to you to work out the sums.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Hi Mr Tan,

I have assisted many of my clients to upgrade from a HDB flat to a condo. Let me share with you the finances and timeline.

For your HDB sale, the estimated sale proceeds is about 320k. Together with your max loan of 580k and your CPF & Cash, the total amount is about 1 mil. If you have some funds in your OA, you can use them towards the purchase as well.

If you wish to buy and sell together, you will need to prepare about 8% of the purchase price which consist of 5% option fee, stamp duty and the legal fees. It is important to time the sale and purchase together so that you can avoid the need for an interim housing solution.

Please feel free to contact me so that I can do a calculation for you so that you will understand the cash flow and also explain the timeline in greater details to you.

Regards,
Nick Tan
(M) +65 96 44 48 54
B.Eng(Chemical)(Hons)(NUS) / Cert-in-REA
(E) nick96444854@gmail.com

SEAA Salespersons Achievement Platinum Award 2020/2022/2023

WhatsApp: https://wa.me/qr/X6VRPGSSIHN5D1

Visit my website to get to know me better:
www.nicktan.com.sg

I was featured recently on Council for Estate Agencies (CEA) Newsletter:
http://bit.ly/CEAnews

Testimonial from Satisfied Clients

“I would like to recommend Nick Tan from SRI. Before we engaged Nick, we were working with another agent from a very popular property agency in February 2017. We decided to terminate the contract after 5 weeks of zero viewings and no paper advertisements. Basically he was just waiting for phone calls. We engaged Nick on 20th April and by 10th of May, our unit was sold off. Why Nick? 1. He has good marketing strategies 2. He always kept us posted on what he did (communications!) 3. He made sure we understand the current market situation but he will consistently reassure us that the unit can be sold off 4. He is not greedy and trusting 5. He walks the talk”
Peter & Wendy (Property Seller)

I write to commend Nick Tan (R040814C). When my husband and I first met Nick, we were impressed by his drive, commitment, business acumen and strategical thinking, and decided to engage him. We were not disappointed. Nick sourced for prospective quality buyers in a targeted methodical fashion and was effective in connecting us with serious buyers, notwithstanding the fact that the search primarily took place over Dec – Feb (a traditional lull period). Throughout the transaction, he also gave us helpful advice in various aspects; the advice reflected his personal experience and expertise and was not simply regurgitated from public sources without any value-add. Further, Nick went beyond the call of duty of a competent professional. He had a sense of humanity in the way he interacted with myself and the other parties to the transaction such as my parents. As an example, my newborn daughter was warded into A&E on the completion date of the transaction; the care and concern that Nick showed went beyond the scope of work of an estate agent. I commend Nick for his capabilities and character, and would certainly wish to engage him for future property transactions.
Weilun & Benita (Property Seller)

“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 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 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 complet Read More

Hi Mr Tan
I would be glad to assist you.
Feel free to contact me at wa.me/6597100155 .
Hope to hear from you soon.
Pei
Mobile: (65) 9 7 1 0 0 1 5 5.
Email: peicheng.tan@propnex.com
Associate Group Director
Propnex Realty Pte Ltd

https://linktr.ee/peiproperty
https://r011838b.propnex.net Read More

My Answer with regards to your Question:

ON SELLING PART:

Confirm if your property is HDB and if Minimum Occupation Period (MOP) has been met. For private property, selling can be done anytime.

Steps: Appoint me as your agent, and I'll market your property online and liaise with potential buyers.

Pricing: Selling price depends on factors like level, facing, and unit condition. Contact me with your unit details for advice.

Estimated cash proceeds after deducting fees: $420k.

I'll help find the right buyer.

ON BUYING PART:

With your budget, upgrading to a ESTIMATED $1million condo seems possible.

Planning to take a loan? Get loan approval first. I can connect you with a banker.

Based on a $1 million purchase with a 75% loan:

Cash needed: $50,000 (5%), $24,600 for BSD, $50,000 for ABSD (Cash/CPF), and estimated legal fees: $3000.

Preferred number of bedrooms and area? I have pricing info for various projects and no agent fee for private property buyers.

Let me ASSIST further ,.....PM me : )

Whatsapp me at 9856 9255 

I am Sorry that This platform does not allow me to direct contact you.

You can reach me at https://wa.me/6598569255.

I am Happy to Help with No obligations! If you have any more questions or need assistance, FEEL GOOD to let me know. I am here for You! Cheers :)

See my REVIEWS here: (Just need to Copy and Paste the link)

https://www.propertyguru.com.sg/agent/able-s-k-toh-61591

Final A,B,C NOTES:

(A): For BUYERS: SOLUTION for sourcing of RESALE and NEW PRIVATE Home such as Condominium or Landed properties. Represent you as BUYER > Currently there will be NO FEES CHARGED TO YOU/ FREE SERVICE. IN ADDITION:

(B)I can connect you with reputable banker for Private housing loan (IPA, In –Principle Approval), free of charge with no obligation.

(C) Finally , for mortgage home insurance matters , i have liasing partner to fulfill your needs as well .

YES , A ONE STOP SOLUTION Especially For You !

Singapore has hovering over 30000 licensed agents for the last 10 years as property agents come and go .And in my opinion, property guru is the most effective marketing platform this season in Singapore

So, what’s the odd / chances that 2 complete strangers get to link together by property guru ?

So, I believe in Affinity (Chinese word: 缘份） :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!

ABLE Toh-ERA, Singapore

Mobile :( +65) 9856 9255  “ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me

XXXXXXXX Read More