10 Answers

Ivan Ng
Hi Winston,

Nope there is no wait out period if you wish to upgrade from resale hdb to private condo. However, we need to sell first then buy and plan the timeline properly such that ABSD can be avoided and the transition (financial and physical moving wise) can be smooth. I have assisted clients with similar scenario before and will be glad to hear more about your plans and share the best approach.

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,
(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 BTO 4rm Sellers Mr. Farvin & Ms. Sel --

Ivan was the first agent that we met up with and right from the offset we had good vibes as he has a friendly personal approach, detailed working style and focuses on building the long-term relationship.

Our unit comes with its challenges but Ivan remained positive and had no qualms committing to our plans right from the start. It took only 6 weeks of aggressive marketing for him to secure a good offer which was a pleasant surprise in the end.

Ivan was always responsive and we had no worries to pass him the house keys. The whole process was transparent and hassle free, and he was always thinking from our point of view on how to make life easier for the client. He is a committed professional and has fast execution, so we felt assured that things are done well and we can entrust the sale process entirely to him.

--- 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! Read More


D. Kumar
Hi Sir ,

Thanks for your query.
There is certainly no cool off period and this transaction timeline must be managed well enough so that you can avoid ABSD.
Hence we need to adopt the sell buy technique.
Firstly , it's apt to have your financial calculations established and loan approved to chart a financial plan - to show breakdown of payment , expected returns and amount to be utilised for purchase. In these transactions it is worthwhile noting engaging a professional agent can value add and protect your interest through out. From devising marketing strategies for your home , to locating your next perfect home , to handling all the legal and financial matters- you are well take care off. I concluded such a high stake transaction last year when I sold off my client'a EM at Bishan at record price (came out in newspaper) and helped them upgrade to private property in a hassle free manner. Do visit my website to view my latest awards and testimonials @ www.kumarrai.com. Hope to hear from you !

D Kumar
ERA Assistant Division Director
+65 96659926


Mark Ng S W
Hi Winston, do contact me at 97970200 or ngsiewwhye@gmail.com to discuss more on your plans

Mark, your RIGHT choice
MCG Read More


Robbie Chen Chee Howe
Hi Winston,

There is no restriction for you to purchase a private property. There is no cooling period for your upgrading.

To avoid ABSD, you will need to sell off your HDB (submission of HDB 1st Appointment) and then exercise the OTP for your purchase.

Alternatively, if you're planning to buy the private property as your matrimonial home, you can purchase first, then sell your HDB later and apply to claim ABSD refund.

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 and your partner in the current market.

Thank you.

Best regards,
Robbie Chen
9748 6305
PropNex Realty Read More


Yvonne Low

There's no cooling period as this is considered an upgrade. Have you considered EC for your next purchase? Or perhaps we can discuss further on your requirements.

Hope to know more info and your requirements so as to better assist you.

Warmest Regards,

Yvonne Low
Associate Group Director
PropNex Realty Pte Ltd
Powerful Negotiators #1 Team in PropNex
E: y.lowps@gmail.com
www.SingaporeECs.com Read More


Gavin Ng
Hi Winston

You may buy a condominium after meeting your MOP. There is no cooling period.

You may sell your HDB flat first and then buy a private condo. Do note that you will need housing during the transition period.

You may want to write to gavin.ng@orangetee.com to explore possible alternatives.


Gavin Read More


Joanne Chia 谢诗琳
Good day Mr Winston Loh

There is no cooling period for you to wait out before buying a private property .

There is NO ABSD. payable since you are selling your hdb to buy a private property .

You may negotiate with the buyer of your hdb for 3months extension stay , subject to buyer being agreeable , this will serve to accommodate you during the interim period , therefore a smoother transit from hdb to private property .

Kindly contact me joanne chia HP 8333 3327 for a no-obligations chat for your property needs .

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

No commission chargeable when I serve private property buyers.

Joanne chia
Hp 8333 3327 Read More


Nick Tan
Hi Winston,

As explained by my colleagues, there is no cooling period. As long as your buyer exercised the option for your HDB before you exercise the option for the purchase of the condo, there WILL NOT be a ABSD.

I have assisted many of my clients to upgrade from a HDB to a condo. The most challenging part is on how to manage the finances and the timeline such that the transition is smooth and there is no need for an interim place to stay.

Please feel free to contact me so that I can understand your full situation and assist you to draft up a comprehensive financial plan and also plan out a feasible timeline for the upgrade!

Nick Tan
(M) +65 9644 4854
(E) nick96444854@gmail.com
(W) www.nick-tan.com

Testimonial from Satisfied Clients (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


CK Ang
Hi Winston,
You can purchase private condo immediately after sold your HDB, this will avoid ABSD. For more details of the procedure, the cost breakdown and loan computation, 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


Eric 李清海 Lee
Depends on your status PR, SC or others ... ABSD may be applicable www.cobrokesystem.info Read More