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Transition from existing place to the new place is always 1 of the key concern for home buyers like you. If you have an alternative place to stay in between and do not mind the hassle of moving twice, this is definitely 1 of the best option available.

In my experience, the best way to move things forward is always to concurrently do the sale and purchase, and plan for the timeline that allows you to have the funds flow in accordance to your needs, especially if you require the funds from your sale to finance the purchase of a new place, plus the renovation. Such arrangement allows you to have the best idea on whether you should accept an offer when it comes base on your readiness to purchase a place too. Hope this helps!

In case you are unaware, SPH is organising The Home Expo 2024 this coming September and OrangeTee is proud to be the presenter for this event where we have lined up a total of 16 speakers who will be sharing on the different market segments and topics during the 3 days event. Do register for the event if you are looking out for more insights of the real estate market at http://bit.ly/THE2024Geryl. Looking forward to see you at the event.

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I have been in the real estate business since 2009, with more than 14 years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

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Hi, there are many considerations that will need to be addressed before you make any decisions. Both of the options that you have stated are good paths worth thinking about. For the first option that you mentioned, it is ideal as most people do not have a place to stay after selling their house and will require them to buy a house first before selling.

Firstly, I think the most important thing is to find out what will the cash proceeds amount to when you sell your flat, as well as the loan amount and grants you are eligible for when purchasing another flat, this way it will be much easier to plan the timeline for this. Perhaps I can assist you with this.

Hi, hopefully you managed to get your doubt or query answered. If so, then congrats! Hopefully you are doing well now.

If you are currently or planning to find a property agent, I can assist.

If you are interested in prices of houses in your neighbourhood, you may visit this website to find out more or contact me.

https://www.era.com.sg/R064892F

If you are currently planning to go on a property journey selling/buying/renting/investing, I can be of assistance. Do feel free to reach out to me for more queries and assistance.

Landon Chew
97 39 60 40
landonchew@email.com Read More

Hi, appreciate your sharing. Propose to sell first so that cash on hand, you are ready to shop anytime.
Looking forward to assist you at 9696 4398  or email me at stewartlim96964398@gmail.com

Cheers
Stewart-PropNex (Senior Associate Division Director) Read More

Hi,

The good thing about selling first is a higher likelihood of getting a higher price because we are able to support buyer with a faster take over timeline. The downside is having to move out within 3 or 4 months once buyer confirms the purchase, and have to squeeze at your parents place for a longer time, as you need some time to find the next house as well.

Buying first before selling could potentially allow you to transit more smoothly without moving to another temporary place first. If fortune favors us, we may even be able to move in after renovation after new house is done before doing handover of the old house. But this typically means extension needed for old house, which due to a longer timeline restricts the buyer pool and may also affect the price we can fetch.

I have worked on various similar cases and have done both sale and purchase concurrently. Happy to share more on my experience and to tailor a structured approach for you objectives.

Hope the above clarifies. I am well-versed with HDB and private property transactions, having helped more than 100 homeowners transit smoothly with their housing plans. Please reach out to me at 97432395  for a more in-depth discussion :)

May I have more info on your requirements so as to make better recommendations? Thanks and looking forward to chat more

Warm Regards,

Ivan Ng Realtor
ERA Senior Marketing Director
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We were fortunate to have met Ivan Ng. He was thorough in going through what the complicated home-selling process required of us and more so in understanding what we would like to achieve from the sale of our unit. His responsiveness and assurance, was a trait that we really appreciate. We managed to secure a sale that exceeded our expectation with Ivan’s advises. The offered price for our unit was a record set for the flats in the neighborhood. This was definitely supported by the fact that Ivan’s listing of our unit was detailed and stood out from other listings. Because of this, we also engaged Ivan's service to help us search and buy our new resale home. After some searches and viewings, we managed to secure one at a reasonable price with his help. With Ivan’s cheery and positive demeanour, selling our unit to procuring a new one, was a smooth journey for us. It was a pleasure to have worked with him.

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We would like to thank you for ensuring a smooth and well-explained process throughout the whole selling and buying of our property. We got to know you thru Property Guru, where we are scouting for condo around West area. We remember that we are quite tight in our budget in purchasing the condo unit,but you are still very willingly explaining and calculating our financial liabilities. You are always having your smiles whenever we met for discussion.

We appreciated your process of selling and buying of our property are very systematically and well executed, from financial calculation to the purchase procedure of our new house. We are always being updated thru our group Read More

Hi,

I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Have a good day ahead. By the way, it is advisable to always sell first if you do have an interim place to stay, and then to slowly shop for the next flat of your liking.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Best is to sell and buy concurrently. You can ask for extension of stay to facilitate moving to the next flat. Read More

Hi Sir/Mdm,

I have assisted many of my clients who are in the same situation as yourself, upgrading from a HDB to a bigger flat. There are both pros and cons in selling or buying first.

If you have sufficient funds on hand and do not need to use the sale proceeds from the current flat to purchase the new flat then buying first is a good idea because you will have sufficient time to renovate and move to the new flat without rushing through the process.

If you need the funds from the current flat then I will suggest selling first while concurrently buying a flat. Your in law's place will be a back up plan in case you need an interim place to stay for a while. With proper planning, you will be able to transit smoothly from your current place to the new one with some buffer time for renovation.

Please contact me privately so that I can understand your situation and draw up a transition plan for you.

Regards,
Nick Tan
(M) +65 96 44 48 54
B.Eng(Chemical)(Hons)(NUS) / Cert-in-REA
(E) nick96444854@gmail.com

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Testimonial from my Clients
Nick was introduced to me by a friend who learned that my previous property agent wasn’t meeting my expectations. During our first phone call, Nick quickly grasped my concerns and provided a detailed financial plan the next day. Since switching to Nick, selling my house has been much more relaxed. His virtual tour and informative fact sheet eliminated the need for my family and me to be constantly present for viewings by unsuitable buyers.
Nick was invaluable in purchasing my next property. He sourced units within my budget and analysed price trends of condo projects I was interested in. With Nick’s assistance, the buying process was seamless, and he expertly coordinated the sale of my current unit with the purchase of the next. Kudos to Nick for his outstanding service and advice!
Eileen Chen (Seller) June 2024

During Nick’s presentation to us, he showed confidence and resourcefulness. He showed us his various methods of reaching out to potential buyers instead of just relying on Propertyguru. He also saw the potential of our home to sell at our projected price. Where other agents deem impossible to achieve, he did his analysis and deems it reasonable and achievable. Nick proves trustworthy. From time to time, Nick will update us on the progress and on any viewing. He will filter buyers who could not meet our asking price and provide update and advice on the offers. We are grateful that he helps us to negotiate for a good price for our home. In summary, Nick is dedicated, resourceful, trustworthy and willing to take challenges.
Sunny Ng (Seller) April 2024

Selling our house was a pretty stressful ordeal, as we have already committed to buying our new home and hence have a timeline to meet. Losing a substantial deposit and worse still, not getting our dream home caused many sleepless nights as we are nearing our deadline. I am very glad we have decided to switch to Nick and seek his help after the dismal performance of our first agent. Not only is Nick very patient in explaining things to us, time and time again he gives us reassurance to allay our worries. And he walked his talk.
With his help, we finally managed to sell our unit at a price within our expectations, before the deadline. Nick’s service is top notch – he is knowledgeable in his field, swift to respond, easy to communicate with and extremely accommodating.
Thank you very much once again Nick, for this smooth transaction!
Judy Rong (Seller) Dec 2023 Read More

1. SUGGESTION: sell and buy your new home concurrently to manage funds effectively.
2. Planning the timeline ensures you have the necessary funds for both the purchase and renovation.
3. This approach helps you assess offers based on your readiness to buy a new place.
4. Selling and buying at the same time gives you a clearer view of your financial situation.
5. Consider asking for an extension of stay to make the transition to your new home smoother.
WhatsApp me at: ABLE Toh (65) 98 56 92 55 or through this link.:https://wa.me/6598569255

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Hi there,

Here’s a breakdown of selling first vs. buying first:

- Selling first:
- You get extra cash in hand from the sale, which can be used for your reno and the downpayment.
- Less financial stress, as you're not juggling two properties.
- However, you might feel rushed to find a new place, especially with two kids, and staying at your in-law’s might not be ideal for long.

- Buying first:
- You have more time to find the perfect new home without the pressure of selling.
- You avoid temporary housing, but it may require a bigger upfront budget and bridging loans.

Thank you.

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- Mani Subramanian Veeramani
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You can do contra if you are taking a HDB loan or request for a bridging loan (if you are taking a bank loan) Read More

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