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Good Morning. I would love to assist.
Yes first you need to dispose your pte.
For your first matrimonial home, you are still liable for 5% buyer stamp duty.
Feel free to reach me via 91442664  . Hear from you soon.
Best Regards,
Tricia Tan
 91442664  Read More

Hi

Buying a HDB flat will require you to sell of the private property.

For SPR you will be subjected to ABSD.

You may write to gavin.ng@orangetee.com if you have other question.

Regards

Gavin Read More

Hi,

Yes you can sell your condo now, and its better to sell first then buy so as to avoid the higher ABSD outlay. Once condo sold, you can buy resale hdb immediately no issue. Yes the ABSD of 5% will apply regardless hdb or condo, since it will be SPR 1st residential purchase.

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
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**Note: We are not prompted when you respond here, hence please get in touch directly. Look forward to hear from you soon! **

-- 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

Hi,

Your situation are such:
(1) You are still allowed to hold on to your private within 6 months upon key collection of the resale HDB.
(2) By doing so, you will be subjected to 10% ABSD, no remission is available.
(3) To avoid paying additional 5% ABSD, it is best to sell private first than buy resale HDB.
(4) The timeline to exercise resale HDB OTP has to be after completion of condo sale.
(5) Since both of you are PR, you will still subjected to 5% ABSD for 1st property.
(6) If your condo bought on and before 10 Mar 2017, there might be SSD imposed. Unless you have fulfilled of holding it for more than 4 years, i.e. before April 2014.

Hope the above answer to your main concerns, but if there are more queries, 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

Note:
Any response to our answer do not reach us until we scroll through each and every queries posted daily.
The best way to get a follow up is to whatsapp or email us directly. Read More

Hi there,

Thank you for your query!
Since both of you are PR, you will still subjected to 5% ABSD for 1st property. Are you considering the engagement of a specialist to guide you through the sales and purchase? In a lacklustre market today, it requires high level of advertisement, marketing, exposure and network to get a unit sold off, coupled with the fact the need of strong concrete financial plan with timeline planned out. If you are looking for assistance, or rather, would require some insight or explanations , please do not hesitate to contact me. I take pride in addressing concerns.

Where words do fall short, I would let me accolades and testimonials speak for my dedication and experience in this industry for the past 20 years. Please visit my website : www.kumarrai.com for all the up to date awards, testimonials and accolades. Thank you very much!

D Kumar
 +65 96659926 
ERA Associate Division Director
#1 team of ERA in Singapore, Asia Pacific International for 2014/5/6/7

ERA 2015 Q1 Top Achievers (Top1%)
ERA Top Achievers 2013-2017
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P Group
Overall Top 100 achievers 2014-2017 Read More

Hi Ms,

There are no restrictions for you to sell off your private property. You can sell it off anytime that you wish.

Should you proceed to purchase a property (be it HDB or private), after you sold off your private condo, you will be liable for a 5% ABSD, whether you purchase it under your name or jointly with your boyfriend.

Based on your current situation, I would not advise you to sell off your condo. Instead, I would recommend you to purchase another property (for your own stay) under your husband's name after you guys get married. You can keep you existing condo as investment purpose and rent it out after you get married.

If the downpayment or the stamp duties for another property is a concern for you right now, I may have a workable solution for you. Let's take this discussion further.

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

Hi Mdm,

For your situation, I would suggest that you sell your private condo first before buying a HDB. However, you will need to plan carefully in term of finances and timeline.

With careful planning, you will be able to reuse the sales proceeds and CPF from your current property to fund the purchase of the HDB and also be able to transit smoothly from your current place to your new place without the need of finding a temporary accommodation.

Unfortunately, as both of you are SPR, you will not be eligible for the ABSD remission and therefore you will be liable to pay an ABSD of 5% when you purchase the HDB.

I have assisted clients in a similar situation to transit smoothly and seamlessly from their condo to a HDB. Please feel free to contact me so that I can understand your situation better and provide you with further assistance!

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

I was featured recently on Council for Estate Agencies (CEA) Newsletter:
https://www.cea.gov.sg/docs/default-source/module/newsletter/3-2017/bouquets-for-property-agents.html

Testimonial from Satisfied Clients (2016/2017)
“I would like to recommend Nick Tan from SRI. Before we engaged Nick, we were working with another agent from a very popular property agency in February 2017. We decided to terminate the contract after 5 weeks of zero viewings and no paper advertisements. Basically he was just waiting for phone calls. We engaged Nick on 20th April and by 10th of May, our unit was sold off. Why Nick? 1. He has good marketing strategies 2. He always kept us posted on what he did (communications!) 3. He made sure we understand the current market situation but he will consistently reassure us that the unit can be sold off 4. He is not greedy and trusting 5. He walks the talk”

Peter & Wendy (Property Seller)

“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)

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

Good afternoon,

both of you are eligible to purchase a resale HDB as you guys are SPR for at least 3 years. ABSD as SPR will still be applicable.

Do take note by buying a resale HDB, you will have to sell off your private. If sell before exercising HDB OTP, 5% ABSD applicable. If sell after exercising HDB OTP, a higher ABSD will be applicable thus it will advisable to secure a buyer for your private first.

By the way, care to share why are you guys looking at resale HDB?

Have you guys thought of owning two properties in which 1 for own stay and the other as investment property to finance the first property?

We can meet up to discuss and explore what are your options available to both of you.

Hear from you guys soon!

"Your Freehold Ally, Leasehold Tactician"

YT TAN 陈永达 | ACCA Graduate, RES
R043025D
Propnex Realty Pte Ltd

(M): +65 9111 5171 
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Good day madam .

Yes you can buy resale hdb with your husband but will have to dispose your condo latest within 6months after collecting key to your hdb .

Yes ABSD stamp duty is payable by SPR regardless you buy hdb or condo (with exception for few nationalities) .

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

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

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