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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, you could start appointing an agent to market your condo about 3 months before the seller stamp duty period is over and at the same time, to go for viewing for the next purchase concurrently.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Good evening,

Assuming you are eligible for 75% max loan after selling the existing property, the downpayment + stamp duties will total approx 28% of the purchase price. Assuming $1.3mil, singaporean purchase, that will work out to $364100 (of which minimum $65000 must be in cash).

Assuming you are open to pay the 4% seller stamp duties, you can sell & purchase from Aug 2022 onwards, and start looking for the next property.

I would say 1.3m in the areas mentioned your options for 3 bedder may be limited. May I know have you done a detailed financial planning calculation as yet?

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)
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ERA Top 93th Achiever for Full-Year 2020 (Top 1.5% Company Level)
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SMU BBM (Finance), Magna Cum Laude
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-- 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.

-- Private Property Seller in the East, 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. Read More

Hi, I am Brendan!

Generally, you can start to buy/sell your next property about 3-4 months before SSD is over.
Your options might be quite limited with a budget of 1.3m for a 3 bedroom freehold resale condo. In addition, condo resale prices have been on the rise for the past 21 months. If it continues, prices next year will be even higher.
Resale condo may be able to hold it's value or appreciate slightly based on various factors.
In order to calculate downpayment for your new 3br, you will need to estimate selling price, buying price, outstanding loan amount, cpf used, etc in Aug 2023

If you will like to know more, feel free to contact me at 9754 5207  or wa.me/6597545207.

Thank you!
Brendan Bay, ERA
 9754 5207 
wa.me/6597545207 Read More