Hi,
Typically, I would suggest to market the condo for sale first as typically it takes a longer time in current subdued resale private market to secure a buyer, due to loans curbs and a smaller buyer pool. At the same time, you can also start to inform the tenant about the impending sale as HDB regulations is such that you have to sell the HDB without any tenancy ongoing.
However, as you are currently staying in the condo, selling the condo first may not be your preference as I understand all owners prefer not to move twice. If this is crucial to you, perhaps selling the HDB first will be the first step. Will be happy to hear more about your preference in terms of timeline planning.
I will also suggest not to buy first, as once you commit to the HDB Exec, you are required to sell away your other residential properties within 6 months after key collection to the HDB exec. This exposes you to time pressures which will be disadvantageous towards your potential selling price.
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)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude
Email: Ivanng10@gmail.com
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(+65) 97432395
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(Client's Testimonials)
--- HDB Flat Upgraders Mr. & Mrs. Lee ---
We decided to engage Ivan as our agent as we were impressed with how he answered the enquiries on property guru website.
He has helped us to find our ideal unit and also sold our current unit. He was very patient and never pushy when we were looking for our ideal unit. He would tell us that it is always important to find a unit that we really liked.
When it comes to selling of our unit, he was always prompt in arranging for viewings and he also tried his best to arrange and consolidate the viewings due to our time constraints. He is a reliable and prompt agent and is always willing to clarify any concerns and questions that we have.
Thanks Ivan! :)
-- HDB 5-rm Sellers Mr. & Mrs. Ting --
We have engaged the services of Ivan Ng for sale of our property at Pandan Gardens. He is professional and systematic in his marketing approach.
He is hardworking and committed to his work. He puts in great efforts in arranging clients for viewings and kept us updated thereafter. He is ever ready to help and guide us whenever the need arises.
He provided us with sound and useful advice as well as closely follow through from the start till the smooth sale of the property within a short period of time.
Thanks, Ivan. Keep up the good work!
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