Asked by Mr. Ang ST
presently staying 4 rm hdb and own a private property, can i downgrade my hdb?
545 views
4 Answers
Good morning ST,
Do take note that for HDB purchase, one have to sell off all their private properties be it in Singapore or overseas within 6 months from purchase completion date.
You will have to fulfill minimum occupation period of 5 years first before you are eligible a private property again.
Of course you are eligible to purchase a resale HDB, but you will have to sell off your private property as well thus I am not sure whether is this choice suitable for you.
Probably you can share more information on your decision so I am in a better position to advise you further.
Hope to hear from you soon!
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
Do take note that for HDB purchase, one have to sell off all their private properties be it in Singapore or overseas within 6 months from purchase completion date.
You will have to fulfill minimum occupation period of 5 years first before you are eligible a private property again.
Of course you are eligible to purchase a resale HDB, but you will have to sell off your private property as well thus I am not sure whether is this choice suitable for you.
Probably you can share more information on your decision so I am in a better position to advise you further.
Hope to hear from you soon!
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
Hi Mr. Ang,
If you purchase a resale hdb again, you have to sell off both your current 4-rm and condo within 6 months of key collection to the resale hdb. This may not be the best option for you. Perhaps I can have more details so to make better recommendations? Thanks and hope to discuss further.
Warm regards
Ivan ERA
97432395
Ivanng10@gmail.com
Website: http://www.ivanng10.com/#!reviews/c11r1
(Client's Testimonials) Read More
If you purchase a resale hdb again, you have to sell off both your current 4-rm and condo within 6 months of key collection to the resale hdb. This may not be the best option for you. Perhaps I can have more details so to make better recommendations? Thanks and hope to discuss further.
Warm regards
Ivan ERA
97432395
Ivanng10@gmail.com
Website: http://www.ivanng10.com/#!reviews/c11r1
(Client's Testimonials) Read More
Morning Mr. Ang,
As you are currently owning private property, to downgrade your HDB unit would mean that you will have to sell away your private property within 6 months from key collection of the resale HDB unit.
FYI
Mike Lim
96929209
m52i@yahoo.com
ERA Read More
As you are currently owning private property, to downgrade your HDB unit would mean that you will have to sell away your private property within 6 months from key collection of the resale HDB unit.
FYI
Mike Lim
96929209
m52i@yahoo.com
ERA Read More
Mr Ang
Possible if you willing to settle with only 1 hdb eventually .
Firstly sell any one of your present property .
Next you have to sell your remaining old property , latest by 6months after collecting key to your latest hdb.
Kindly contact me for a no obligations chat for your property needs.
My charges are 1% commission for exclusive selling rights to your property or 2% for open listing.
Joanne chia
Hp 8333 3327 Read More
Possible if you willing to settle with only 1 hdb eventually .
Firstly sell any one of your present property .
Next you have to sell your remaining old property , latest by 6months after collecting key to your latest hdb.
Kindly contact me for a no obligations chat for your property needs.
My charges are 1% commission for exclusive selling rights to your property or 2% for open listing.
Joanne chia
Hp 8333 3327 Read More