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I have a 5rm flat in Sengkang with outstanding HDB loan of about 120k. Since the HDB prices are good now, I am planning to downgrade to a 3rm flat in AMK to take some profit. This is my 1st time buying/selling flat so will appreciate experts to advise me anything I need to take note of.

After staying in the 3rm for 5 years, I plan to rent it out. I should have enough savings then to purchase a private property w/o taking a loan.

Thanks for your advice
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4 Answers

Afternoon Ben,

It's good that you have a plan but you need to know what's up ahead to make your plan even better.
We can meet up for non-obligatory discussion so that you can aware of your financial aspect better.

Looking forward to your call soon.

Regards
Mike Lim
 96929209 
ERA Read More
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Dear Mr Ben

Good day to you!

It will be good if we can meet up for a non-obligatory discussion and we are able to understand better needs for you.

Hope to hear from you soonest.

Agnes Tan
 9029 4911 
ERA Marketing Director Read More
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Hi Ben,

The upside for your sale and purhase plan will be making use of the cash proceeds from the sale of your property for your purchase such that you will take up lesser loan for your HDB you're looking to purchase. Things to take note of will be the timing of completion for your purchase such that you will not face the problem of not having a roof over your head.

It is indeed a good plan however, as we are unaware of how the market will be in 5years time, I wouldn't dare to say that after 5years, you would have enough funds to purchase a private property but the odds maybe good.

I have helped my clients with such transactions therefore if you do not mind, perhaps I can take on the role of assisting you in the marketing of your property for sale and subsequently purchase.

Let's discuss further.

Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565 
Email: lim.geryl@yahoo.com.sg Read More
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Hi Ben,

You might like to contact Sacchi 82332548  for further discussion. They are my teammates

They stay in sengkang and is very familiar with properties in the north east. And they are sincere.

Cheers
Andrew

Hp : 9630 2109  Read More
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