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Dear sir/mdm,

It will be important to establish the financial aspect in terms of loan and cash aspects before making any offers. As purchasing a private resale condo or apartment is considered buying under private treaty. the typical timeline and commitment is as follows:

1) Making an offer by putting up 1% of the offer price in cheque addressed to the owner
2) Should offer be accepted, the seller will grant you the Option To Purchase (seller will not be able to sell the unit to anyone else within the option period which is typically 2 weeks)
3) Purchaser will need to exercise the Option To Purchase at the law firm and prepare another 4% of the agreed price in favour of the seller law firm conveyancing account within the option period. Purchaser to get ready for stamp duties payment. If buyer decides not to exercise the Option To Purchase, the 1% given to the owners will be forfeited
4) Purchaser to make necessary arrangement for bank loan if applicable anytime after the Option has been granted.
5) Legal completion to take place typically between 8-12 weeks after Option To Purchase has been exercised. This is where the remaining funds needs to be ready, whether in terms of loan or CPF and cash for the purchase.

Do take note that legal fees and some admin fees will be applicable like lodging of caveat.

If you are unsure, we can assist you in the process of purchasing and guide you step by step in this purchase process.

Let us know how we can help u better by getting in touch with us in private as we are unable to contact you through this chat.

Thank you!

I have been in the real estate business since 2009, with more than 13 years 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 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

My self introductory video on https://www.youtube.com/watch?v=S_2NydENfx0

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Landed Dynamic Alliance
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Good afternoon,

It will be good to work out the finances first so to ascertain the affordability. May I know the amount of cash + CPF OA you are planning for this purchase? Also I can also assist to estimate the max loan attainable and the monthly repayments required.

For resale private condo, typically it takes approximately 3 months to complete and for you to get the key. Your will also be required to come up with 5% option fee for deposit within a 14 days period so to secure the unit.

Hope the above clarifies. May I have more info and requirements about your plans so as to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,

Ivan Ng Realtor
ERA Senior Marketing Director
ERA Diamond Achiever

SEAA Salesperson Achievement Award 2021 (Gold)
SEAA Singapore Accredited Mortgage Planner (SAMP)

ERA Top 93th Achiever for Full-Year 2020 (Top 1.5% Company Level)
ERA Top 11th Achiever in June 2020 (Top 1% Company Level)
ERA Top 91th Achiever in 2nd Quarter 2020 (Top 2% Company Level)
ERA Top 15th Achiever in April 2019 (Top 1% Company Level)
ERA Top 86th Achiever in Sept 2019 (Top 2% Company Level)

SMU BBM (Finance), Magna Cum Laude
Proactive. Sincerity. Feedback.

Contact: (+65) 97432395 
Whatsapp: wa.me/6597432395
Email: Ivanng10@gmail.com
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(Client's Testimonials)
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**Note: We are not prompted when you respond here, hence please get in touch directly. Look forward to hear from you soon! **

-- HDB Yishun BTO 5-RM Sellers, Private Property Upgraders Mr. & Mrs. Koh --

I would like to express my appreciation to Ivan Ng for his excellent work. Ivan is a dedicated, client-focused, patient and sincere agent. Throughout the whole process of selling and looking for our next property, he has always acted very professionally that makes my wife and I feel at ease and assured. Ivan is not a pushy and hard sales agent. Ivan listens and understands our needs and carefully guided us through. We are fortunate to have Ivan as our agent. Thank you Ivan.

- Condo Seller Andrew - Ivan understood there's urgency to sell my private property too within the given timeframe, provided me with assurance and solutions. When the sale of my private property commenced, it was during the Covid-19 pandemic period; whereby, only 2 unique visitors were allowed to view the property on any given day. Notwithstanding this, Ivan somehow managed to arrange many viewings in the weeks ahead & from time to time, he would also update me on the viewers' feedback (if any), after their viewings. My place was eventually sold within 5 weeks only from the commencement of its marketing (which was well ahead of the 6 months deadline that I had to meet). Most importantly, my property was sold close to my asking price & frankly, this too, exceeded my expectations!! Kudos to Ivan, for the effort & hard work he put in (in marketing my property) during the difficult Covid-19 period that Singaporeans all over were going through then. In short, the whole process was seamless.

- Condo Seller Tom Lee - I would like to express my thanks to our real estate agent Ivan Ng for helping us to complete a smooth and great customer experience in the recent property selling transaction. The timing, arrangement , follow up and execution were amazing and awesome. I would recommend Ivan to my friends for future property buying or selling. Thank you once again Read More

Hi

You may text 9620 0827  for a casual chat. You can shared with you the transaction process, timeline and an estimated financial statement.

Warmest regards

Gavin Read More

Good afternoon,

When you are ready to commit, you would pay seller 1% to buy an OTP (Option to purchase). This OTP is usually valid for 2 weeks (can be slightly more- subject to mutual agreement). In this 2 weeks there are 2 things u need to do: Appoint an lawyer to act on your behalf + Get a loan approval from your prefered bank (unless you paying full cash). Before the OTP expires you will need to exercise OTP at law firm by paying another 4% and necessary stamp fee. The completion will take about 8-12 weeks. You will only need to pay the balance on completion date

Hope this helps,

This platform does not allow me to contact you directly so kindly contact me at 97261112  I would be glad to assist you further
Thank you and best regards,
Jenny Tran
Propnex Realty Pte Ltd
(HP) +65 97261112 
Whatsapp: https://wa.me/6597261112
(Email) jenny.tran@propnex.com
BSc (Real Estate) (Hons)-NUS

Testimonial from Satisfied Clients
-- My husband and I wish to commend the sincere attitude and good customer service rendered by your staff Jenny, who handled the sale of our 5R HDB flat early this year. We have met several agents but none as genuine as Jenny. Being a seller agent, she took our interest at heart in handling the sale, unlike other agents who are self-interest. Jenny is punctual and prompt in the whole dealings and we were convinced that such an agent is hard for find nowadays. Jenny is a trustworthy, honest, sincere and hardworking agent. We are happy with her service and would gladly recommend her to our friends in future. Jenny is an asset to Propnex and the organisation should value her. Thank you Jenny for her efforts--
Mr and Mrs Soo (HDB seller)

--Jenny is very committed and responsive to her clients and she has spent hours updating them and looking out for great deals and even tailor-made property proposal geared towards their needs. Will certainly refer her to others and will definitely approach her again in her future--
Nick and Kim (New launch buyer)

--Jenny did a great job helping my wife and I sell our unit. She took active steps to walk our neighbourhood to understand what she was marketing. During the marketing period, she managed potential buyers and provided timely updates and recommendations so we could stay on top of the process. Overall, Jenny was professional and helped us to achieve a positive result which we are very thankful for--
Aaron ( HDB seller)

--Jenny was very passionate and went the extra miles to help. Thanks to her professional advice and recommendations, I had finally found my dream home--
Yvonne (New launch buyer)

--Appreciate Jenny's clear and prompt communication style with us and other stakeholders. She was also patient and client-centered throughout the process of finding a home that met our criteria. As a first-time home buyer, we appreciate how she went out of her way to explain the process and answer questions we had--
Samantha (Resale condo buyer) Read More

Hi
I would be glad to assist you.
Feel free to contact me @ 97100155  or https://linktr.ee/peiproperty.
Hope to hear from you soon.
Pei @ERA Read More

Hi Sir/Madam

1. Do you intend to take loan for your purchase?
If yes, Before shortlisting project/unit, 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.

2. For Singaporean 1st Property, Based on $650k, and assuming loan is 75%
5% Cash = $32,500
20% Cash/CPF = $130,000
BSD (Cash/CPF) = $14,100
Legal fee = $2,500 (estimated)
Please contact me at (65) 96608508  and I can share the breakdown for this calculation including timeline.

I will be glad to assist, no agent fee from private property buyer
I have current price list, promo of every projects in Singapore and will be glad to advise you

I won't be able to contact you first from PropertyGuru
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

Hi,

1) Once you identified the ideal unit and completed the negotiation.
2) You have to get all documents to verify the ownership of the unit.
3) Place a 1% cheque or do fund transfer address to the owner only.
4) Collect the signed OTP from the owner.
5) Secure your bank loan with the signed OTP.
6) Once you contact your conveyance lawyer, he will instruct you on what to bring, the amount to pay, and the payee's detail. You may raise any questions regarding the payment and timeline to the conveyance lawyer at this juncture.
7) Exercise (sign) the OTP in front of your lawyer, and place 4% for exercising the OTP.
8) At the same time pay the buyer stamp duty.
9) It takes around 3 months from the issue of the OTP to completion. You have to prepare to pay the 20% in cash and/or CPF on the completion day. This is assuming you have secured a 75% mortgage loan.
10) You are supposed to collect the keys and all necessary items related to the unit on the completion day.

Hope the above answer 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 until we scroll through each and every query posted daily.
The best way to get a follow-up is to Whatsapp or email us directly. Read More

Hi,

May I know if you're looking to purchase for your own stay? Or is it for investment purpose?

As purchasing a property is a big ticket item, it is advisable for you to seek assistance from professionals on the procedures as well as working out the finances. I will be able to handhold you throughout your buying process.

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