AskGuru Q&A Community

Hi,

If you are purchasing resale HDB, you need not wait for 30 months after selling condo. You need to sell away your condo within 6 months after key collection to purchased resale HDB flat.

In current market it might take some time to secure a buyer. It would be ideal to do up some financial and timeline planning before making the next move. 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
Contact: (+65) 97432395 
Facebook Page: www.facebook.com/ASAProp
Website: http://www.ivanng10.com/clientreviews
(Client's Testimonials)

--- HDB Flat Sellers Uncle "Seng" and Mdm. Png ---

Translation from Mandarin:

We are from the Pioneer Generation, already in our 70s, and have no experience selling HDB flat. As our new BTO is arriving, we considered selling our flat earlier.

We felt he was a patient agent who is willing to hear out our plans and concerns, and explain new HDB selling procedures clearly to us. He is also a hardworking agent who did Roadshows for weeks to create awareness for our unit, and we quickly found a buyer through this avenue.

We also appreciate that he made the extra effort to accompany us down to the Banks and Town Council to help us with the outstanding paperwork procedures, and ensure the sale go through smoothly. Throughout the process, we always felt assured and happy, as Ivan was always professional, accessible and saw things through till conclusion. Ivan will remain as a family friend and we will be glad to invite him over for coffee when our BTO is ready.

--- HDB Flat Sellers Mr. Hayum and Ms. Azizah ---

Ivan has justified our faith in appointing him as our Exclusive Agent. He transacted our unit at 620k, above valuation & highest price ever achieved for our block, within 2 months.

In a slow market, you need a proactive & committed agent who puts the extra effort. Besides advertising in papers & online intensively, he also had personally distributed flyers & spoke to potential buyers in neighboring blocks to increase exposure. Every week there were viewings & feedback.

He actually secured 2 attractive offers but assessed that the 2nd one will be a more smooth transaction. We're glad to have proceeded with his advice for a successful completion. Throughout he was professional and responsive. We wish him a great career and will be happy to recommend his services.

--- 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! :) Read More

Afternoon,

If you are looking at purchase of resale HDB unit, you do not need to wait for 30 months. You can technically proceed with the purchase immediately. However, you will need to remove the condo ownership within 6 months from key collection of the HDB unit.

Do feel free to contact me should you require additional assistance.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More

Dear Sir/Mdm,

If you decide to sell first, you do not have to wait for 30 months if you are buying a resale flat.

If you decide to buy first, you need dispose your condo within 6 months after key collection.

Hope that I have answered your question.

If you are looking for salesperson to assist you, I would like to offer my service.

Not all internet marketing is the same and we have the most advance marketing tools to give your unit an unfair advantage over the rest. One of the tools we have is virtual tour and this is absolutely free for our valued customer.

Check out one of our virtual tour at this link below
http://tinyurl.com/La-Casa-2-plus-Study

Don’t you agree that marketing plan is most important factor when trying to get the ideal buyer for your property?

Thanks and Regards
Johnny Goh
R018297H
Associate Group Director
OrangeTee.com Pte Ltd
Mobile: 90906267 
Email: johnny.goh@orangetee.com Read More

Dear Sir/Mdm,

Yes. You NEED NOT wait out for the 30 months before purchasing a resale HDB. The 30 months period is only applicable for purchase of BTO.

However, I would recommend you to sell your condo first before purchasing a HDB flat. This is because under the current buyer's market condition, it may not be as easy to sell your condo and you will not want to be binded by the 6 months compulsory period to find a buyer.

There are a lot of available HDB units for sale in the market currently and therefore it is certainly easier to buy as compared to selling your condo.

Please feel free to contact me so that I can map out a timeline for you to ensure that your transition will be as smooth as possible!

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
(W) www.nick-tan.com

Testimonial from Satisfied Clients (2015/2016)
“We are very grateful to Nick for his extensive marketing efforts. With his comprehensive marketing plan, he helped us to achieve a record selling price within 2 weeks of listing our property for sale! We highly recommend his service to anyone who is keen to sell their properties.”
Mr & Mrs Wong (Property Seller)

“Nick has conducted himself ethically and professionally when handling the sales of our property. Thanks to his patience and perseverance, we managed to secure a sales price beyond our expectations.
We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
Mr & Mrs Tan (Seller of Inter-Terrace House)

“Nick is a responsible, efficient and excellent salesperson. He has very good knowledge of the real estate market and I benefited a lot from his advice and sharing. He is extremely patient when guiding me through the buying process and I am happy to secure a dream house within my budget with his assistance. A highly recommended salesperson who made my house hunting journey a breeze.”
Ms Chia (Buyer)

“Nick provides a delightful customer experience from day one when I engage him as my agent to look for a flat of my choice to the completion of the deal. He is competent, resourceful and has a pleasant manner to work with. He is the Agent of my choice in dealing with properties and I would highly recommend him to others who would appreciate an agent that takes care and can give the customer a peaceful mind.”
Susana (Buyer)

“Nick is very pro-active in helping us to resolve whatever questions and problems that we encountered. All the issues are settled even before us having to request or ask for a second time. He was very frank and transparent with all the details, limitations and advantages that we wouldn’t have known. I think this is the most important virtue to be successful in this line. I will surely recommend him to anyone who needs his service because I trust that they will be equally satisfied!!”

Mr and Mrs Chan (Sold and Bought a property through Nick) Read More

Good day sir / madam .

You need not wait 30months after selling your condo to buy a resale hdb .

Yes are correct have to sell your condo within 6months after collecting key to your hdb .

Kindly contact me for a no obligations chat for your property needs .

My charges are 1% commission for exclusive selling rights ( sole agent ) to your condo or 2% for open listing ( many agents ).

Joanne chia
Chia_joanne@yahoo.com.sg
Hp 8333 3327  Read More

Hi,
You are not required to wait for 30 months to purchase a resale flat after dispose of the condo. If you choose to buy the hdb first, condo have to be sold within 6 months.
With the current market condition, it is advisable to sell the condo before buyer the hdb. Reason is it may take longer time to sell.
Would you like to know the cost breakdown and the time line of the purchase and sale? Please drop me an email for me to share.

To assist and advise you more in details, kindly drop me an email for me to share.

I am contactable at my mobile or email.

CK Ang
 9046 3808 
res.ckang@gmail.com Read More

Hi

Our fellow agents have answered to your questions.

The next question will be whether you should sell first or buy first. This will much depend on your personal situation

If you like to write to gavin.ng@orangetee.com, we can discuss over your concerns.

Regards

Gavin Read More

Dear sir/madam,

I believe you have already gotten the answer to your question.

The next key consideration is likely how would you want to strategise this move of sale and purchase. Have you gotten your finances all planned out? For example the timeline in terms of downpayment, especially if you require to draw down CPF for the purchasing?

To ease your concerns, my team has began to offer 1 session of non-obligatory free consultation for prospective clients like yourself where we can discuss towards strategising the move forward to best cater to your needs.

Get in touch with me in private if you are keen to work together on the above because we are not alerted to any responses posted on this thread.

Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.

Claim your free home report today at http://bit.ly/ClaimFreeReport.

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My self introductory video on https://youtu.be/6UfrCOCB6Mg

Regards,

Geryl LIM
Associate Marketing Director
Global Alliance Property (L3010679B) - Century 21
CEA Reg R014783H
Mobile: +65-81577565  /+65-92787772
Email: geryl7772@gmail.com

G.A Landed Dynamic Alliance
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! Read More

Hi,

You do not need to wait 30 months if you're going for a HDB resale flat. You only need to wait out if you're applying for a subsidized flat (BTO / Sales of Balance / EC).

Also, you will need to dispose off your interest in your private property latest 6 months after the collection of keys to your HDB flat.

May I know what are your reasons to sell your private and go for a HDB resale flat? Have you explored all the options that are available to you in this current market and deemed that this is the best move for you?

If not, would you like to explore these options before making an informed decision?

Should you need any 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