Asked by Anonymous
Is it possible to downgrade from 4-room to 3-room without any cash upfront?
605 views
8 Answers
Good afternoon,
Yes its possible as long as the selling price less outstanding loan is higher than the purchase price, as the CPF refund and sale cash proceeds can cover.
I have helped various homeowners to do the same and would be happy to share the best approach for your housing plans. Hope the above clarifies. May I have more info and requirements about your plans so as to make better recommendations? Thanks and look forward to value-add to your housing plans.
Warm Regards,
Ivan Ng Realtor
ERA Senior Marketing Director
ERA Diamond Achiever
SEAA Salesperson Achievement Award 2021 (Gold)
SEAA Singapore Accredited Mortgage Planner (SAMP)
ERA Top 93th Achiever for Full-Year 2020 (Top 1.5% Company Level)
ERA Top 11th Achiever in June 2020 (Top 1% Company Level)
ERA Top 91th Achiever in 2nd Quarter 2020 (Top 2% Company Level)
ERA Top 15th Achiever in April 2019 (Top 1% Company Level)
ERA Top 86th Achiever in Sept 2019 (Top 2% Company Level)
SMU BBM (Finance), Magna Cum Laude
Proactive. Sincerity. Feedback.
Contact: (+65) 97432395
Whatsapp: wa.me/6597432395
Email: Ivanng10@gmail.com
IG: instagram.com/ivanngrealtor
WeChat: ivanng10
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Web: ivanng10.com/clientreviews
(Client's Testimonials)
CEA: R052114D
**Note: We are not prompted when you respond here, hence please get in touch directly. Look forward to hear from you soon! **
- HDB Sellers Mr. & Mrs. Moneda -
We are extremely pleased to have engaged Ivan Ng to assist us in the sale of our 3 RM HDB flat and buying a 4RM HDB flat. Ivan made the stress of selling & buying our house as minimal as possible! We thank him for bearing with us and adjusting with the different demands. Ivan displayed an exemplary drive to ensure that we were able to sell and buy our property within the given time frame. He used his very good negotiating skills to obtain the very best deal for us. A very dependable property agent. We recommend him without hesitation. Thank you Ivan!
- Sellers Mr & Mrs Wee -
We would like to share our appreciation and commendation to Ivan for their professionalism and dedication in handling our property transaction. It was a great pleasure to work with him as he was patient throughout the entire process and explained to us and clarified any doubts we had without fail. He was also very prompt in responding to all the queries we had. While we were unsure if we were able to sell off the property in time, Ivan constantly reassured us that it was possible and offered his professional advice. In fact, he managed to secure an offer to sell the property above our expected price while concurrently negotiated the buying price for our next property. Having Ivan as our agent significantly made the entire process seamless and fuss-free. We will definitely recommend Ivan to our family and friends.
-- HDB Executive Maisonette Sellers, Mr & Mrs Yeo --
Before contacting Ivan Ng, our Property Realtor, we were quite apprehensive about our Contra-deal ( concurrent resale & purchase of HDB flats) as at that time the outlook of the resale property market was quite sluggish & pessimistic. But surprisingly our property realtor, Ivan , was able to put us at ease with his professional competence, astute work experience & friendly nature . He was able to consummate our contra-deal within one month of our HDB application. Now we are convinced by his promise that (in Ivan's own words) ... "A contra-deal is where the sale & purchase transactions are done concurrently and completed on the same day. This results in a seamless transition of the funds from your sale proceeds and CPF proceeds towards your purchase price." More importantly Ivan has also managed to clinch a good deal for our contra-deal. We'll certainly recommend him to our kins & friends. Thank you very much, Ivan. We are definitely your satisfied customers! Read More
Yes its possible as long as the selling price less outstanding loan is higher than the purchase price, as the CPF refund and sale cash proceeds can cover.
I have helped various homeowners to do the same and would be happy to share the best approach for your housing plans. Hope the above clarifies. May I have more info and requirements about your plans so as to make better recommendations? Thanks and look forward to value-add to your housing plans.
Warm Regards,
Ivan Ng Realtor
ERA Senior Marketing Director
ERA Diamond Achiever
SEAA Salesperson Achievement Award 2021 (Gold)
SEAA Singapore Accredited Mortgage Planner (SAMP)
ERA Top 93th Achiever for Full-Year 2020 (Top 1.5% Company Level)
ERA Top 11th Achiever in June 2020 (Top 1% Company Level)
ERA Top 91th Achiever in 2nd Quarter 2020 (Top 2% Company Level)
ERA Top 15th Achiever in April 2019 (Top 1% Company Level)
ERA Top 86th Achiever in Sept 2019 (Top 2% Company Level)
SMU BBM (Finance), Magna Cum Laude
Proactive. Sincerity. Feedback.
Contact: (+65) 97432395
Whatsapp: wa.me/6597432395
Email: Ivanng10@gmail.com
IG: instagram.com/ivanngrealtor
WeChat: ivanng10
FB: fb.com/IvanNgRealtor
Web: ivanng10.com/clientreviews
(Client's Testimonials)
CEA: R052114D
**Note: We are not prompted when you respond here, hence please get in touch directly. Look forward to hear from you soon! **
- HDB Sellers Mr. & Mrs. Moneda -
We are extremely pleased to have engaged Ivan Ng to assist us in the sale of our 3 RM HDB flat and buying a 4RM HDB flat. Ivan made the stress of selling & buying our house as minimal as possible! We thank him for bearing with us and adjusting with the different demands. Ivan displayed an exemplary drive to ensure that we were able to sell and buy our property within the given time frame. He used his very good negotiating skills to obtain the very best deal for us. A very dependable property agent. We recommend him without hesitation. Thank you Ivan!
- Sellers Mr & Mrs Wee -
We would like to share our appreciation and commendation to Ivan for their professionalism and dedication in handling our property transaction. It was a great pleasure to work with him as he was patient throughout the entire process and explained to us and clarified any doubts we had without fail. He was also very prompt in responding to all the queries we had. While we were unsure if we were able to sell off the property in time, Ivan constantly reassured us that it was possible and offered his professional advice. In fact, he managed to secure an offer to sell the property above our expected price while concurrently negotiated the buying price for our next property. Having Ivan as our agent significantly made the entire process seamless and fuss-free. We will definitely recommend Ivan to our family and friends.
-- HDB Executive Maisonette Sellers, Mr & Mrs Yeo --
Before contacting Ivan Ng, our Property Realtor, we were quite apprehensive about our Contra-deal ( concurrent resale & purchase of HDB flats) as at that time the outlook of the resale property market was quite sluggish & pessimistic. But surprisingly our property realtor, Ivan , was able to put us at ease with his professional competence, astute work experience & friendly nature . He was able to consummate our contra-deal within one month of our HDB application. Now we are convinced by his promise that (in Ivan's own words) ... "A contra-deal is where the sale & purchase transactions are done concurrently and completed on the same day. This results in a seamless transition of the funds from your sale proceeds and CPF proceeds towards your purchase price." More importantly Ivan has also managed to clinch a good deal for our contra-deal. We'll certainly recommend him to our kins & friends. Thank you very much, Ivan. We are definitely your satisfied customers! Read More
Good evening,
It's possible but we need to really go down to the numbers to double confirm. You can use the $5k option deposit from your sale to pay for your purchase.
We can also use contra if eligible.
There could even be grants like proximity housing grant if you decide to stay near children or parents or scheme like silver housing bonus if you are eligible for downgrade from 4 to 3RM.
Let's discuss further to see whether is it feasible.
Hope my sharing helps in aiding in your enquiry. May I know how can I value add further in your property needs?
Best regards,
YT Tan
Property Kaki
You dream. I create. We make it happen!
Association of Chartered Certified Accountants Graduate
Singapore Accredited Mortgage Planner
Contact:
Mobile: 91115171 (wa.me/6591115171)
Email: yt.tan91115171@gmail.com
Do follow me on:
IG: instagram.com/propertykaki
FB: https://www.fb.com/propertykaki/
YouTube: https://bit.ly/Youtube_PropertyKaki
To find out what’s the estimated valuation of your existing house, try our SRX property tracker.
You will receive free sms update on a monthly basis.SRX property tracker: http://bit.ly/yt_proptrack Read More
It's possible but we need to really go down to the numbers to double confirm. You can use the $5k option deposit from your sale to pay for your purchase.
We can also use contra if eligible.
There could even be grants like proximity housing grant if you decide to stay near children or parents or scheme like silver housing bonus if you are eligible for downgrade from 4 to 3RM.
Let's discuss further to see whether is it feasible.
Hope my sharing helps in aiding in your enquiry. May I know how can I value add further in your property needs?
Best regards,
YT Tan
Property Kaki
You dream. I create. We make it happen!
Association of Chartered Certified Accountants Graduate
Singapore Accredited Mortgage Planner
Contact:
Mobile: 91115171 (wa.me/6591115171)
Email: yt.tan91115171@gmail.com
Do follow me on:
IG: instagram.com/propertykaki
FB: https://www.fb.com/propertykaki/
YouTube: https://bit.ly/Youtube_PropertyKaki
To find out what’s the estimated valuation of your existing house, try our SRX property tracker.
You will receive free sms update on a monthly basis.SRX property tracker: http://bit.ly/yt_proptrack Read More
1
Hi,
I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead. By the way, yes it is possible.
Regards
Aaron Chong
9730 8455
aaronchong2774@yahoo.com.sg Read More
I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead. By the way, yes it is possible.
Regards
Aaron Chong
9730 8455
aaronchong2774@yahoo.com.sg Read More
Hi Sir/Mdm,
Yes this is definitely possible. I have assisted some of my clients to downgrade and upgrade without any cash upfront. However, we will need to do a proper financial planning to ensure that it is feasible.
Please feel free to contact me so that I can understand your situation and assist you to do up and financial plan and explain the procedures and process to you!
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 / 2022
WhatsApp: https://wa.me/qr/X6VRPGSSIHN5D1
Visit my website to get to know me better:
www.nicktan.com.sg
I was featured recently on Council for Estate Agencies (CEA) Newsletter:
http://bit.ly/CEAnews
Testimonial from Satisfied Clients
“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)
I write to commend Nick Tan (R040814C). When my husband and I first met Nick, we were impressed by his drive, commitment, business acumen and strategical thinking, and decided to engage him. We were not disappointed. Nick sourced for prospective quality buyers in a targeted methodical fashion and was effective in connecting us with serious buyers, notwithstanding the fact that the search primarily took place over Dec – Feb (a traditional lull period). Throughout the transaction, he also gave us helpful advice in various aspects; the advice reflected his personal experience and expertise and was not simply regurgitated from public sources without any value-add. Further, Nick went beyond the call of duty of a competent professional. He had a sense of humanity in the way he interacted with myself and the other parties to the transaction such as my parents. As an example, my newborn daughter was warded into A&E on the completion date of the transaction; the care and concern that Nick showed went beyond the scope of work of an estate agent. I commend Nick for his capabilities and character, and would certainly wish to engage him for future property transactions.
Weilun & Benita (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)
“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 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) Read More
Yes this is definitely possible. I have assisted some of my clients to downgrade and upgrade without any cash upfront. However, we will need to do a proper financial planning to ensure that it is feasible.
Please feel free to contact me so that I can understand your situation and assist you to do up and financial plan and explain the procedures and process to you!
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 / 2022
WhatsApp: https://wa.me/qr/X6VRPGSSIHN5D1
Visit my website to get to know me better:
www.nicktan.com.sg
I was featured recently on Council for Estate Agencies (CEA) Newsletter:
http://bit.ly/CEAnews
Testimonial from Satisfied Clients
“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)
I write to commend Nick Tan (R040814C). When my husband and I first met Nick, we were impressed by his drive, commitment, business acumen and strategical thinking, and decided to engage him. We were not disappointed. Nick sourced for prospective quality buyers in a targeted methodical fashion and was effective in connecting us with serious buyers, notwithstanding the fact that the search primarily took place over Dec – Feb (a traditional lull period). Throughout the transaction, he also gave us helpful advice in various aspects; the advice reflected his personal experience and expertise and was not simply regurgitated from public sources without any value-add. Further, Nick went beyond the call of duty of a competent professional. He had a sense of humanity in the way he interacted with myself and the other parties to the transaction such as my parents. As an example, my newborn daughter was warded into A&E on the completion date of the transaction; the care and concern that Nick showed went beyond the scope of work of an estate agent. I commend Nick for his capabilities and character, and would certainly wish to engage him for future property transactions.
Weilun & Benita (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)
“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 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) Read More
Yes possible, it depends on your plan for next 5 to 10 years. Looking forward to assist or help you soon. Welcome you to call or whatsapp me at 9696 4398
. Thank you
Cheers
Stewart-PropNex Read More
Cheers
Stewart-PropNex Read More
Hi
Yes. It is possible depending on individual's profiles, the timeline and nature of the sales/purchase transaction itself which we agents are able to manage. I have assisted some clients in their upgrading/downgrading process without any cash upfront. I am specialised in HDB transactions. Do contact me at 93375051 for a free and non obligatory discussions on this.
Regards
Taufik Hussein
Marketing Director
ERA Realty Network Pte Ltd
CEA Reg No: R061607B
Contact No: 93375051 Read More
Yes. It is possible depending on individual's profiles, the timeline and nature of the sales/purchase transaction itself which we agents are able to manage. I have assisted some clients in their upgrading/downgrading process without any cash upfront. I am specialised in HDB transactions. Do contact me at 93375051 for a free and non obligatory discussions on this.
Regards
Taufik Hussein
Marketing Director
ERA Realty Network Pte Ltd
CEA Reg No: R061607B
Contact No: 93375051 Read More
Dear sir/mdm,
I am unsure exactly what do you mean by without any cash upfront. Do you mean that not using any of your existing funds on hand or do you literally mean not using any cash even from the sales proceeds of the 4 room flat? It involves a fair bit of financial planning in both scenarios and the approach towards this can be different too.
Do get in touch with us for more detailed discussion.
I have been in the real estate business since 2009, with more than 13 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.
With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.
We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!
Warmest regards,
Geryl Lim
Associate Group Director
Salesperson Registration No. R014783H
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
[main] +65 6471 8888 [mob] +65 81577565 [LDA] +65 92787772
www.geryllim.com
My self introductory video on https://www.youtube.com/watch?v=S_2NydENfx0
-----
Note: We value your home as much as you do! Find out the indicative value of your home at http://bit.ly/UrHomeMatters and get monthly update on your home value. Restructure your portfolio with us, speak to us!
Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.
Visit and Like my facebook page at https://www.facebook.com/GerylLimSince2009/ - Aspiring To Be The Best Real Estate Agent In Singapore
Pick up knowledge, skills and Real Estate concepts at https://www.facebook.com/RealEstateXcellence/
New Singapore Expatriates on facebook is up and running. Come join us at https://www.facebook.com/groups/newsgexpats/
-----
Landed Dynamic Alliance
Home of *7772 Hotline
Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ http://l.ead.me/7772 Read More
I am unsure exactly what do you mean by without any cash upfront. Do you mean that not using any of your existing funds on hand or do you literally mean not using any cash even from the sales proceeds of the 4 room flat? It involves a fair bit of financial planning in both scenarios and the approach towards this can be different too.
Do get in touch with us for more detailed discussion.
I have been in the real estate business since 2009, with more than 13 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.
With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.
We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!
Warmest regards,
Geryl Lim
Associate Group Director
Salesperson Registration No. R014783H
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
[main] +65 6471 8888 [mob] +65 81577565 [LDA] +65 92787772
www.geryllim.com
My self introductory video on https://www.youtube.com/watch?v=S_2NydENfx0
-----
Note: We value your home as much as you do! Find out the indicative value of your home at http://bit.ly/UrHomeMatters and get monthly update on your home value. Restructure your portfolio with us, speak to us!
Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.
Visit and Like my facebook page at https://www.facebook.com/GerylLimSince2009/ - Aspiring To Be The Best Real Estate Agent In Singapore
Pick up knowledge, skills and Real Estate concepts at https://www.facebook.com/RealEstateXcellence/
New Singapore Expatriates on facebook is up and running. Come join us at https://www.facebook.com/groups/newsgexpats/
-----
Landed Dynamic Alliance
Home of *7772 Hotline
Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ http://l.ead.me/7772 Read More
1
Hello,
I have helped my clients downgrade without any cash upfront and would love to check in with you to see which approach suits you best.
And Yes it is possible - your sale proceeds from your sale must be sufficient to pay for your purchase. And we can also make use of contra facility to further smooth out both sale and purchase process so that you don't need to rent a place to stay interim.
Still unsure? Text me at wa.me/6583330360 and I can help go through the criteria as well as the financial breakdown for you.
Thanks
Lucas Lim
SUSS Bsc (Marketing), Merit
Contact: (+65) 83330360
Whatsapp: wa.me/6583330360
Email: lucas@thepropguide.com
Google Reviews: https://www.google.com/search?q=thepropguide+reviews
(Client's Testimonials)
CEA: R060050H
**Note: We are not prompted when you respond here, hence please get in touch directly. Look forward to hear from you soon! ** Read More
I have helped my clients downgrade without any cash upfront and would love to check in with you to see which approach suits you best.
And Yes it is possible - your sale proceeds from your sale must be sufficient to pay for your purchase. And we can also make use of contra facility to further smooth out both sale and purchase process so that you don't need to rent a place to stay interim.
Still unsure? Text me at wa.me/6583330360 and I can help go through the criteria as well as the financial breakdown for you.
Thanks
Lucas Lim
SUSS Bsc (Marketing), Merit
Contact: (+65) 83330360
Whatsapp: wa.me/6583330360
Email: lucas@thepropguide.com
Google Reviews: https://www.google.com/search?q=thepropguide+reviews
(Client's Testimonials)
CEA: R060050H
**Note: We are not prompted when you respond here, hence please get in touch directly. Look forward to hear from you soon! ** Read More