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Hi,

Yes, you can purchase a resale HDB flat as long as you form a valid family nucleus under one of the Eligibility Schemes.

Do take note that you will be required to dispose off your overseas property latest within 6 months upon the HDB flat purchase.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

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

Dear Sir/Mdm,

You will be allowed to purchase a HDB flat but you will also need to dispose off your overseas properties within 6 month from the completion of the purchase. If you purchase a private property in Singapore, there will not be any restrictions and it will be counted as your first property and therefore ABSD is not applicable.

Please feel free to contact me if you have any further questions.

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
SEAA Salespersons Achievement Platinum Award 2020
Visit my website to know me better: www.nicktan.com.sg

I was featured recently on Council for Estate Agencies (CEA) Newsletter:
http://bit.ly/CEAnews

I have written a guide on buying Residential Property:
http://bit.ly/buypropertyguide

Testimonial from Satisfied Clients
“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)

“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) Read More

Hi

You may text 9620 0827  for a casual chat. Have assisted buyers who have similar situation.

Warmest regards

Gavin Read More

Hi
You may purchase a HDB but could not apply for any grant or take up a HDB loan. In addition, you will need to dispose off your overseas property within 6 months after taking over an HDB. If you are intenting of applying for grant and HDB loan, you will only be eligible after 30 months of disposing your overseas private property. You may consider appealing to HDB and I can assist you on this. From my experience, HDB may be able to consider your appeal on case by case basis. In order to advise you further, I will need more details in regards to your situation and circumstances. I am specialised in HDB transactions. Do contact me at 93375051  for a free and non obligatory discussion on this.
Regards
Taufik Hussein
CEA Reg No: R061607B
Contact No: 93375051 
ERA Realty Network Pte Ltd Read More

Hi,

1) Buying an HDB flat has a lot of restrictions imposed by the HDB so as to ensure only the most needed are taken care of.
2) Under your situation, you can only buy a resale HDB flat without a grant using only a bank loan.
3) If you wish to apply for BTO or buy a resale HDB flat with grants, there will be a 30 months (2.5yrs) waiting period after selling your overseas property before you are eligible.

4) As of now, you have to look into your finance.
(a) Are you eligible for an HDB loan (if you do, you will have observed the 30 months wait out period)
(b) Do you have the 5% cash, 20% cash, and/or CPF for the down payment?
(c) How much loan can you get with your current income?
(d) Buyer stamp duty ~3% and legal fees; $6,600 for $400,000 purchase, $9,600 for $500,000 purchase, legal fees ~$1,500~$1,800 depends on loan amount.

Hope the above answer your main concerns, but if there are more query, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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