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I am selling my current resales flat to get another resales HDB. I do not have other properties. I am Singaporean. Are seller and buyer duty stamps applicable for my case? If yes, how much? Secondly, how long does the sales procedures take for selling off? Thanks.
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Afternoon, To sell your HDB unit, you are only liable for legal fee! other than the standard upgrading fee payable, if the billing have being issued prior completion of sales. For purchase of property, you will be liable for both legal and stamp fee. As for the figures, it's dependent on whether your mortgage is under bank or HDB and the selling and/or purchase price. As for how long the sales process takes, it may be as fast as 4 months, inclusive of marketing, submission, HDB first appointment and completion, to around 5 to 7 months. This is again dependent on your unit's location, asking price, condition and amenities around your unit. Do feel free to contact me for further discussion. Regards Mike Lim 96929209  m52i@yahoo.com ERA Read More
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Dear Sir/Mdm, Thanks for your post in Propertyguru. There are no seller stamp duties involved for you and normal stamp duty for the purchase will apply. As for the timeline, it usually takes 3-4 months for the whole transaction to complete. I will suggest we can meet up for a non obligatory discussion and I can share more with you. I can also better advise you on the timeline. Another thing we need to do will also be to calculate your sales proceeds from the sale and how do we purchase the next one. As you are doing both together, we will have to be very meticulous in calculating the timeline for a smooth transaction for both selling and buying. May I also request for you to pay a visit to my website and you can take a look at the testimonials that my clients have left for me. Hopefully you can have a rough feel of how I serve my clients from there. I believe I can provide the same level of service and hopefully even better. Really looking forward to hear from you soon. Thanks. Best Regards, Jeffrey Heng Deputy Division Director ERA Realty Network Pte Ltd Property Navigators (The #1 Team in ERA for 2009 & 2011) Mobile : +65 9858 1322  Email : hengjeffrey@gmail.com Web : www.jeffreyheng.com Read More
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Dear sir/madam, For your scenario, you will only be paying normal buyer stamp duty. Depending on the reference point of time, supposedly from the day your buyer exercises the Option To Purchase to buy over your property and do immediate submission for resale application, the time frame is likely to be at least 10 weeks to complete the sale. This time frame does not include the preparation, marketing and viewing of your unit. Are you eligible for enhance contra facility or you will be opting for bank loan? The time management for such process will be critical if you do not have alternative accomodation in between the sales and purchase. You may want to speak to one of my friendly consultants in the HDB resale teams across the island to find out more about the procedure and address some of your other concerns. We can also take this opportunity to share more with you why we have unfair advantages over our competitors which allows our clients to appoint us to achieve their real estate meeds. Looking forward to hearing from you. Regards, Geryl LIM Real Estate Director Masters Of Real Estate (L3010548F) CEA Reg R014783H Mobile: +65-81577565  /+65-92787772 Email: geryl7772@gmail.com https://www.facebook.com/propertyblogshop https://www.facebook.com/media/set/?set=a.297043923770884.1073741832.284747148333895&type=1&l=90fca1674e M.O.R.E Landed Dynamic Alliance - www.DAG.com.sg Home of *7772 Hotline Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now! **Aspiring to be your preferred partner in real estate** The Game Is Changing... International Property Opportunities Await! Don't Be Left Behind! More and more investors are seeking offshore real estate for investment. Have you missed out on the last international property fair? Let me know if you are keen in overseas investment. I would like to thank more than 120 of you who have took out your precious time in attending the original Landed Homes Sales Exhibition on 7 & 8 September. 1 unit was sold with 4 units reserved over this 2 day event. Do look forward to our next edition. Register with me if you are keen. Read More
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