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i have sold my property about a year ago, i currently have some funds locked up in my retirement account, am looking to buy a 4 or 5 room resale flat in the ang mo kio area.

What are the prices around the area now?

Do i need to engage any private solicitor to request for usage of funds in my retirement account? Or we can just do it directly with HDB?
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3 Answers

Robbie Chen Chee Howe
Hi,

Resale flat prices in AMK can have a very wide range. Typically, older flats will command a lower price (though there are special cases where old flats sold for very high prices), whereas newer flats will cost more. Older 4RM flats may cost around $4xxk, whereas newer 5RM flats can cost as much as $9xxk.

Whether or not you engage a private solicitor depends on the loan (if any) that you undertake for the purchase. If you're using a Bank loan, you will need to engage a solicitor. If you're using HDB loan, or do not require loan, you can engage HDB to handle the conveyancing for you.

I am experienced and well-versed in both HDB resale and private transactions. I will be able to assist you in your property plans.

Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More
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Hi Sir

As stated in the above reply, the proce range for 4 and 5 room flat in Ang Mo Kio varies depending on the age of the flat and the exact location. As for retirement sum available for flat purchase, assuming you are currently not owning any properties, you can use the amount in excess of your basic retirement sum to purchase a resale. For the specific amount you can use, you can log in to your CPF statement where it will state the exact amount of retirement funds you can make use for your next housing. I could not provide a specific figure as the basic retirement sum amount changes every year depending on when you turned 55. For usage of retirement sum, you can engage both private or HDB lawyer once you are commited to a purchase. I do provide free and non obligatory consiltancy in regards to property transactions in Singapore. Do contact me at 93375051  for further discussion on this and I will do my best to assist.

Regards
Taufik Hussein
ERA Realty Network Pte Ltd Read More
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Hi Sir/Madam

Are you looking to sell/buy or rent out your property?

I will be glad to assist
I am well versed in HDB and Private Property transaction and have done many transactions
Appreciate if you can contact me at (65) 96608508  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) 9660 8508 
Email: Silviayang8@gmail.com Read More
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