Asked by l***@gmail.com
should I sell my house first , then search for new house
80 views
7 Answers
Dear Sir/Mdm,
It depends on your objectives and what you are buying. If your current property is a private property and you intend to buy another private property then it will be wiser to sell first before buying because you will not need to pay any ABSD. However, if the next housing is a HDB, you can buy first if you have the financial means.
For most of my clients, I will plan the sale and purchase concurrently with the sale first so as to avoid paying ABSD and also minimise the cash outlay for the purchase. However, it is important to plan the timeline carefully so that you do not end up in a situation that you have no place to stay.
Please feel free to contact me so that I can understand your situation better before drawing up a transition plan for 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
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 Read More
It depends on your objectives and what you are buying. If your current property is a private property and you intend to buy another private property then it will be wiser to sell first before buying because you will not need to pay any ABSD. However, if the next housing is a HDB, you can buy first if you have the financial means.
For most of my clients, I will plan the sale and purchase concurrently with the sale first so as to avoid paying ABSD and also minimise the cash outlay for the purchase. However, it is important to plan the timeline carefully so that you do not end up in a situation that you have no place to stay.
Please feel free to contact me so that I can understand your situation better before drawing up a transition plan for 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
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 Read More
Hi
In order to provide any advise, I would need more information on your current property and future plans. Whether to sell first, buy later or buy first, sell later, or even buy first but planning for the buying completion date to be scheduled after selling completion depends on factors such as your current property type, your future housing plans, your financial capabilities, personal circumstances. There is no 'one-sized fits all' approach in timeline planning. I have experienced assisting my clients in planning a customized timeline that meets their needs. Do contact me at 93305051 for a free and non obligatory discussion on this.
Regards
Taufik Hussein
ERA Realty Network Pte Ltd
93305051 Read More
In order to provide any advise, I would need more information on your current property and future plans. Whether to sell first, buy later or buy first, sell later, or even buy first but planning for the buying completion date to be scheduled after selling completion depends on factors such as your current property type, your future housing plans, your financial capabilities, personal circumstances. There is no 'one-sized fits all' approach in timeline planning. I have experienced assisting my clients in planning a customized timeline that meets their needs. Do contact me at 93305051 for a free and non obligatory discussion on this.
Regards
Taufik Hussein
ERA Realty Network Pte Ltd
93305051 Read More
Hi Sir/Madam
1. It will be depend on what is your objective, are you upgrading or maybe change location?
2. It will be good to know the current market value of your house before selling.
I will be glad to assist on this, you can text/whatsapp me the details of your house to (65) 96608508 .
3. Do you need the cash proceeds from your current house for the new house?
This will determine whether to sell first or to search for new house first.
4. How many bedrooms are you looking at and which area you prefer?
So I can do financial breakdown for your sell and purchase accordingly
5. Do you plan to take loan for your purchase? If yes, I will suggest to check your in principal approval of your loan from banker.
I can connect you with reputable banker for this, free of charge and no obligation.
I will be glad to assist
Appreciate if you can contact me at (65) 96608508
or click here https://bit.ly/WaSilvia to whatsapp me for no obligation discussion
Thank you.
Warmest regards,
Silvia Yang
Senior Marketing Director
ERA Realty Network Pte Ltd
Mobile: (65) 9660 8508
Email: Silviayang8@gmail.com Read More
1. It will be depend on what is your objective, are you upgrading or maybe change location?
2. It will be good to know the current market value of your house before selling.
I will be glad to assist on this, you can text/whatsapp me the details of your house to (65) 96608508 .
3. Do you need the cash proceeds from your current house for the new house?
This will determine whether to sell first or to search for new house first.
4. How many bedrooms are you looking at and which area you prefer?
So I can do financial breakdown for your sell and purchase accordingly
5. Do you plan to take loan for your purchase? If yes, I will suggest to check your in principal approval of your loan from banker.
I can connect you with reputable banker for this, free of charge and no obligation.
I will be glad to assist
Appreciate if you can contact me at (65) 96608508
or click here https://bit.ly/WaSilvia to whatsapp me for no obligation discussion
Thank you.
Warmest regards,
Silvia Yang
Senior Marketing Director
ERA Realty Network Pte Ltd
Mobile: (65) 9660 8508
Email: Silviayang8@gmail.com Read More
Dear sir/madam,
Situation differs:
Finances - If you require the return of proceeds from sale to finance your purchase, then it is obvious that you will need to sell first, therefore I am assuming that you have the necessary finances to proceed with purchase first to be asking this question.
Niche - Depending on what you are looking out for next, where it could be a shortage of supply therefore if you sell first, where are you going to stay next? This is very much a chicken and egg issue, that when you found a place you like, you may not be able to dispose your existing place in time.
The key here will be to negotiate for a deal that allows you to stay on after sale completion while you simultaneously work on the purchasing aspect. In this way, you will have better idea on what is available for your selection, from price point to conditions of unit that you can also plan out your timeline for your sale and the extension required thereafter completion of your sale.
I have been in the real estate business since 2009, with more than 10years 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 Deputy 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
-----
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/
My self introductory video on https://www.youtube.com/watch?v=uZ6REQfdGSw
-----
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
Situation differs:
Finances - If you require the return of proceeds from sale to finance your purchase, then it is obvious that you will need to sell first, therefore I am assuming that you have the necessary finances to proceed with purchase first to be asking this question.
Niche - Depending on what you are looking out for next, where it could be a shortage of supply therefore if you sell first, where are you going to stay next? This is very much a chicken and egg issue, that when you found a place you like, you may not be able to dispose your existing place in time.
The key here will be to negotiate for a deal that allows you to stay on after sale completion while you simultaneously work on the purchasing aspect. In this way, you will have better idea on what is available for your selection, from price point to conditions of unit that you can also plan out your timeline for your sale and the extension required thereafter completion of your sale.
I have been in the real estate business since 2009, with more than 10years 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 Deputy 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
-----
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/
My self introductory video on https://www.youtube.com/watch?v=uZ6REQfdGSw
-----
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
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 advisable to sell the existing unit first before you proceed on to the next purchase.
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 advisable to sell the existing unit first before you proceed on to the next purchase.
Regards
Aaron Chong
9730 8455
aaronchong2774@yahoo.com.sg Read More
Hi,
1) There are people doing both methods; sell first buy later, buy & sell together.
2) Personally prefer the 1st method because there is less pressure and able to make a logical decision rather than an emotional one.
3) Rent a place while doing searching at ease, buy without the pressure of no place to stay and worry about extension requested by the seller, not enough time to do renovation, etc. I'm also able to very sure how much budget I have and confirm I wouldn't face any difficulty in committing the buying.
4) The disadvantage of doing so has to pay a one-year lease and shift twice.
Hope the above assist in your decision making. Good luck!
Hope the above answer to your main concerns, but if there are more query, please feel free to contact me at 90110636 , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.
Best regards
Ling CK
90110636
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer
Note:
Any response to our answer does not reach us.
The best way to get a follow-up is to Whatsapp or email us directly. Read More
1) There are people doing both methods; sell first buy later, buy & sell together.
2) Personally prefer the 1st method because there is less pressure and able to make a logical decision rather than an emotional one.
3) Rent a place while doing searching at ease, buy without the pressure of no place to stay and worry about extension requested by the seller, not enough time to do renovation, etc. I'm also able to very sure how much budget I have and confirm I wouldn't face any difficulty in committing the buying.
4) The disadvantage of doing so has to pay a one-year lease and shift twice.
Hope the above assist in your decision making. Good luck!
Hope the above answer to your main concerns, but if there are more query, please feel free to contact me at 90110636 , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.
Best regards
Ling CK
90110636
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer
Note:
Any response to our answer does not reach us.
The best way to get a follow-up is to Whatsapp or email us directly. Read More
Hi,
There is no fixed rule to say that you will have to sell first before you can buy. If you have the ready funds to purchase first, you can proceed to purchase and then sell your current flat within 6 months upon the purchase.
I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.
Should you need require 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
There is no fixed rule to say that you will have to sell first before you can buy. If you have the ready funds to purchase first, you can proceed to purchase and then sell your current flat within 6 months upon the purchase.
I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.
Should you need require 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