AskGuru Q&A Community

Hi,

You can start to engage an agent to market your unit in January 2016. As long as you are staying within 2km from your parents, you will get the PHG. You still qualify for a hdb loan if you have not used up twice of the hdb loan.

Feel free to contact me for further discussion.

Thank you.

Angela Chua
Propnex Realty Pte Ltd
H/P: 9323 3330  Read More

Hi,

You can start to engage an agent to market your place as with current market sentiment it may take 3 months or more to secure a buyer. You should qualify for PHG if its the same town or within 2km. Are you buying on your own? Each household can only take hdb loan twice per lifetime. Thanks and hope to understand your requirements and plans so to value-add further.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude
Email: Ivanng10@gmail.com
Contact: (+65) 97432395 
CEA Registration Number: R052114D
ERA Realty Network: L3002382K
Facebook Page: www.facebook.com/ASAProp
Website: http://www.ivanng10.com/#!reviews/c11r1
(Client's Testimonials) Read More

Dear sir/madam,

In order to sell prior to meeting the MOP, you will need to obtain approval from HDB before inking on the Option To Purchase.

If you are unsure of whether you are eligible to take up a HDB loan for your next property, you may visit https://services2.hdb.gov.sg/webapp/BP27MaxLoan/BP27PMax0.jsp and complete the questionnaire in order to find out your eligibility just to be sure.

Eligibility conditions for PHG can also be found at http://www.hdb.gov.sg/cs/infoweb/residential/buying-a-flat/resale/living-with-near-parents-or-married-child.

Is there anything else which I may assist in?

Visit and Like my facebook page at https://www.facebook.com/propertyblogshop/

New Singapore Expatriates on facebook is up and running. Come join us at https://www.facebook.com/groups/newsgexpats/

My self introductory video on https://youtu.be/6UfrCOCB6Mg

Regards,

Geryl LIM
Real Estate Director
Global Alliance - Masters Of Real Estate
M.O.R.E Property Pte Ltd (L3010548F)
CEA Reg R014783H
Mobile: +65-81577565  /+65-92787772
Email: geryl7772@gmail.com

G.A Landed Dynamic Alliance
Home of *7772 Hotline
Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now! Read More

Hi,
You may start to market the flat from now as the current market may take a few month to get the right buyer. If you have a good reason to sell the flat earlier, you may apply through hdb.
If you never take the Proximity Housing Grant before, you may apply during the next purchase.

As for the HDB loan, every citizen is entitled for 2 times but with condition for the 2nd loan.

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

Hi,

Within 2km away from your parents there will be live near parent grant. Do let me know if you need help in marketing your unit.

Louis See
ERA Realty Network PTE LTD
HP: 9091 3553  Read More

Hi, due to the weak market sentiment, you could actually start to engage an agent to market your unit for sale. As it would probably takes a few months to get your unit sold due to the slow times. I would be most glad to assist you further and pls feel free to let me know if you need any assistance.

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

Afternoon,

With the festive season, sales movement are slower than normal. Pace will normally pick up after CNY. If you have intention of using proximity housing grant, you will be entitled to it but your parents are to staying within the same estate till your MOP have being fulfilled. As for HDB loan, it will depend on your current combined income status. You will also be required to utilize 50% of your current unit cash proceed and all your CPF monies before HDB disperse the balance as mortgage loan.

Do contact me further for detail discussion.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More

Good afternoon seller,

Due to slow moving market conditions, I will usually advise my clients to start marketing 1 to 2 months before MOP date so probably its a good time to start soon.

If you want to ink the OTP before MOP date, you will have to seek approval from your HDB branch office first before you can do so.

As for the proximity housing grant, as long as your parents or in laws are staying with you or in the same town or within 2km from your new house, you will be eligible for this grant.

Lastly, each household are eligible to apply HDB loan twice. If you have not done so, you will be still eligible. But do take note that you have to set aside 50% of the sales proceeds to be utilised into your purchase.

Hope my explanation helps!

If you need further assistance or advice in your property needs, feel free to contact me. Cheers!

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Vice President (Agency)
R043025D
Property Avenue Pte Ltd
Estate Agent no. L3010650D
Blk 420 North Bridge Road #03-30 North Bridge Centre S188727

(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W): www.yttan.com
(W): www.propertyavenue.com.sg Read More