AskGuru Q&A Community

Hi,

To purchase a HDB:
You need to sell off your condo and observe a 30 months period.

There are however no restrictions to owning more than 1 private property? Are you looking out for an additional property for investment purposes to enhance your portfolio?

I have value buys and adorable units at hand. One of which-
Mega development facing River or sea. 1BR from ONLY $530k! There are a couple more of best star buys; going at extreme discounts and Firesales as high as 20-30% which is definitely appropriate for enchancing your portfolio. For example, a city centre project, mins walk to MRT and 5 mins from Marina Bay is being sold below the surrounding PSF and projected rental yield of a 2BR stands at a whooping 4.8%-5.3%! Where can you obtain such figures and rent caveats from?

Let's catch up at 96659926  and allow me to walk you through this process seamlessly! Furthermore, no agent fees is involved, with the entire technicalities of the purchase resting on my shoulders to best protect and maximize your interest.

D Kumar
 +65 96659926 
ERA Associate Division Director
www.kumarrai.com

#1 team of ERA in Singapore, Asia Pacific International for 2014.

About Me-
ERA Top Achievers 2013/14
ERA Multi-Million Dollar Club Award
2014 ERA Asia-Pacific Business Conference Elite Award

P Group-
2015 February ERA Top Achievers
2014 Aug/Sept/3rd quarter/Dec/ overall 2014 ERA Top Achievers Read More

Hi,

For SPRs to purchase resale hdb, only a legally married couple where both have been PRs for 3 years or more, can purchase. If its an SPR-SC household, this will not apply. SPR households cannot purchase BTO.

If you are eligible to purchase resale hdb and already own a condo, you have to sell away your condo within 6 months after key collection to HDB.

Thanks and hope it clarifies. Perhaps there are other investment value-buy properties (private residential or commercial) I can recommend to you to meet your investment objectives. May I know how should I get in touch? Thanks.

Warm regards
Ivan ERA
 97432395 
Ivanng10@gmail.com
Website: http://www.ivanng10.com/#!reviews/c11r1
(Client's Testimonials) Read More

Morning,

Since you're currently a private property owner, you will only be eligible to purchase Resale HDB unit if you are married to another SPR or SC. You will also be required to sell away your private property within 6 months from key collection date.

Do contact me further for detail discussion.

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

Good morning!

To be eligible to purchase a resale HDB, you must have to form a family nucleus with a Singapore or SPR spouse. Both SPRs must be SPR for at least 3 years before you can purchase.

Yes you have to sell off your condo within 6 months from completion date.

Why are you thinking of purchasing a resale HDB?

If you want to hold two properties, you should consider condo instead but do take note that you will be subject a total of 13% (3% BSD + 10% ABSD) stamp duties on your second property purchase.

Hope my explanation helps!

If you need any assistance or advice in your property purchase, feel free to contact me.

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