Asked by Anonymous
My HDB is already 30 years old , can i sell it ? Any agt can make it sell ? Cause i heard is not easy since lease only left 60 plus years
1854 views
7 Answers
Hi, depending on the unit condition and it’s surrounding, it may or may not be difficult to dispose off a HDB unit. Pls feel free to let me know if you need any assistance.
Regards
Aaron
9730 8455
aaronchong2774@yahoo.com.sg Read More
Regards
Aaron
9730 8455
aaronchong2774@yahoo.com.sg Read More
Do not be misled by others who may not understand the whole picture about the balance lease before you make that critical decision to sell.
I have just assisted my client to match a buyer for his 22years old penthouse (99yrs leasehold project) in the central region at a record price, despite the number of comparable choices available for the buyer.
If you do have a genuine plan and reason to sell your current place, there are 3 main factors for considerations in terms of marketing.
1) Pricing
2) Demand
3) Supply
I was sharing in an earlier post where I have come to know of units which was priced $50k below indicative value, but yet the response was sluggish, because in past 12 months, there was only less than 3 units transacted but there is easily more than 10 units listed on the market for sale within the vicinity. This shows very clearly that the demand in the area is low, therefore pricing it low may not be the key to getting it sold fast.
We can discuss more about this marketing assignment once I am able to understand more about your situation as well as the unit you intend to sell, such that you are able to make a more informed decision moving forward instead of rushing into any decision just because of the age of property.
I hope to hear from you in private soon as we are not alerted to any responses posted here.
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Regards,
Geryl LIM
Consultant - Director
Global Alliance Property (L3010679B) - Century 21
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
I have just assisted my client to match a buyer for his 22years old penthouse (99yrs leasehold project) in the central region at a record price, despite the number of comparable choices available for the buyer.
If you do have a genuine plan and reason to sell your current place, there are 3 main factors for considerations in terms of marketing.
1) Pricing
2) Demand
3) Supply
I was sharing in an earlier post where I have come to know of units which was priced $50k below indicative value, but yet the response was sluggish, because in past 12 months, there was only less than 3 units transacted but there is easily more than 10 units listed on the market for sale within the vicinity. This shows very clearly that the demand in the area is low, therefore pricing it low may not be the key to getting it sold fast.
We can discuss more about this marketing assignment once I am able to understand more about your situation as well as the unit you intend to sell, such that you are able to make a more informed decision moving forward instead of rushing into any decision just because of the age of property.
I hope to hear from you in private soon as we are not alerted to any responses posted here.
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! Register at bit.ly/RealDealSG today.
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/propertyblogshop/
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/
My self introductory video on https://youtu.be/6UfrCOCB6Mg
Regards,
Geryl LIM
Consultant - Director
Global Alliance Property (L3010679B) - Century 21
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
Good evening owner,
Yes definitely you are eligible to sell off your HDB as long you have fulfilled minimum occupation period.
HDB sale will tend to be less responsive if HBD is 40 years old and beyond because buyers wont be able to obtain maximum loan and utilise maximum CPF usage due to restrictions imposed.
Secondly its that unit must be priced correctly.
I had experience selling ageing HDB with these imposed restriction so your property sale is still fine.
Hope my sharing aids in clearing your doubts. May I know how can I value add further in your property needs? What will be your next move?
"Your Freehold Ally, Leasehold Tactician"
YT TAN 陈永达 | ACCA Graduate, RES
R043025D
Propnex Realty Pte Ltd
(M): +65 9111 5171
(E): yt.tan91115171@gmail.com
(W):www.yttan.com
(FB): www.facebook.com/yttanassetprogessor
Accolades:
Top Individual Producer July 2018 (Propnex)
Top Individual Producer 2nd Quarter 2018 (Propnex)
Top Individual Producer 1st Quarter 2018 (Propnex)
Top Individual Producer Propnex Annual Convention 2018 (Propnex)
Platinum achiever (Clock $100k commission within 1 month) August 2017(Propnex)
Top Individual Achiever August 2017(Powerful Negotiators Group)
Top Individual Producer 2nd Quarter 2017 (Propnex)
Top Individual Producer 1st Quarter 2017 (Propnex)
Top Private Property Transactors January 2017 (Propnex)
Find out your property value for FREE on a monthly basis. Simply sign up by clicking the link below:
http://bit.ly/yt_proptrack Read More
Yes definitely you are eligible to sell off your HDB as long you have fulfilled minimum occupation period.
HDB sale will tend to be less responsive if HBD is 40 years old and beyond because buyers wont be able to obtain maximum loan and utilise maximum CPF usage due to restrictions imposed.
Secondly its that unit must be priced correctly.
I had experience selling ageing HDB with these imposed restriction so your property sale is still fine.
Hope my sharing aids in clearing your doubts. May I know how can I value add further in your property needs? What will be your next move?
"Your Freehold Ally, Leasehold Tactician"
YT TAN 陈永达 | ACCA Graduate, RES
R043025D
Propnex Realty Pte Ltd
(M): +65 9111 5171
(E): yt.tan91115171@gmail.com
(W):www.yttan.com
(FB): www.facebook.com/yttanassetprogessor
Accolades:
Top Individual Producer July 2018 (Propnex)
Top Individual Producer 2nd Quarter 2018 (Propnex)
Top Individual Producer 1st Quarter 2018 (Propnex)
Top Individual Producer Propnex Annual Convention 2018 (Propnex)
Platinum achiever (Clock $100k commission within 1 month) August 2017(Propnex)
Top Individual Achiever August 2017(Powerful Negotiators Group)
Top Individual Producer 2nd Quarter 2017 (Propnex)
Top Individual Producer 1st Quarter 2017 (Propnex)
Top Private Property Transactors January 2017 (Propnex)
Find out your property value for FREE on a monthly basis. Simply sign up by clicking the link below:
http://bit.ly/yt_proptrack Read More
Good day sir / madam.
Kindly contact me joanne at my mobile 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 listing ( many agents ) .
Joanne chia
Chia_joanne@yahoo.com.sg
Hp 8333 3327 Read More
Kindly contact me joanne at my mobile 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 listing ( many agents ) .
Joanne chia
Chia_joanne@yahoo.com.sg
Hp 8333 3327 Read More
Good day sir / madam.
Kindly contact me joanne at my mobile 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 listing ( many agents ) .
Joanne chia
Chia_joanne@yahoo.com.sg
Hp 8333 3327 Read More
Kindly contact me joanne at my mobile 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 listing ( many agents ) .
Joanne chia
Chia_joanne@yahoo.com.sg
Hp 8333 3327 Read More
Dear Sir/Mdm,
There is still a demand for older flats. I have recently sold an old flat with less than 60 years remaining lease for a record high price.
Please feel free to contact me so that I can understand your situation better and provide you with further advice and assistance. I will also be happy to share with you more on my track record and marketing strategies which consistently enable me to exceed my clients expectations!
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
“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
There is still a demand for older flats. I have recently sold an old flat with less than 60 years remaining lease for a record high price.
Please feel free to contact me so that I can understand your situation better and provide you with further advice and assistance. I will also be happy to share with you more on my track record and marketing strategies which consistently enable me to exceed my clients expectations!
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
“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
Hi,
No doubt the balance lease plays a part in the sale of a flat, but this does not mean that there are no interests in such flats.
In my opinion, there are demand for all flats. You just need to bring out the selling points and also price it right to attract the right buyers.
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 in the current market.
Thank you.
Best regards,
Robbie Chen
9748 6305
PropNex Realty Read More
No doubt the balance lease plays a part in the sale of a flat, but this does not mean that there are no interests in such flats.
In my opinion, there are demand for all flats. You just need to bring out the selling points and also price it right to attract the right buyers.
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 in the current market.
Thank you.
Best regards,
Robbie Chen
9748 6305
PropNex Realty Read More