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I currently own a HDB which is 6 years old now. I intend to sell it and buy a condo. What should my next course of action be? Sell HDB first then look for a condo? But I would prefer not having to rent another place while looking for a new condo. Buy a condo and sell current HDB within 6 months? How can I do that and what kind of charges would I incur?
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3 Answers

Mike Lim
Replied
Afternoon Mata,

We need to work on how much loan you can get, capital you have at hand and how much additional you need. If you have enough to let you purchase first and sell later, be it with or without bridging loan, we can sit down and work the sums out.

However, if you do need monies from the sales of your HDB, we can also work on both events concurrently, based on your requirements for purchase and asking price for your sales.

Do feel free to contact me if you require further assistance.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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Tricia Tan
Replied
Hi, Let me help you.
We can do it at the same time.
It will be clearer if we can meet up so I can understand better and discuss in details with you.
Look forward to hear from you. I am just a phone call away or u may text me at 91442664  .
Tricia Tan Read More
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Aaron Chong
Replied
Hi Mata

It all depends on your current situation and it is a case to case basis. More importantly, do take note that if you intend to buy the condo first, then you have to pay the stamp duty of (3% + 7% ABSD = 10%). And could only ask for a refund after you sold off the HDB. Cheers!

Best regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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