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Hi there,

Thank you very much.
If you do have 6 months on your hands to sell your HDB, it is sufficient time to stage the sales. Perhaps you could consider marketing your unit earlier , if you are worried. However, please take note that it is not only about timing that is crucial in the sales of your unit. It also depends on the kind of massive advertisement/ exposure your unit gets and how much it is being promoted in the market that will make a difference.

Perhaps you could contact me at 96659926  for a non obligatory discussion for me to derive more info on your unit, advise on the financial sums/proceeds and enlighten my marketing techniques and strategies. It is essential you know the high&varied level of advertisement and exposure your unit would get with the vast networking. I do take pride in my craft and even go the extra mile with an exclusive and exquisite 360* virtual tour and professional videography to enhance the desirability and exposure of your residence. I have additionally transacted a EM unit in Bishan at Record Price and it was published in the Newspaper (Available on my website).

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: www.kumarrai.com for all the up to date awards, testimonials and accolades. Thank you very much!

D Kumar
 +65 96659926 
ERA Associate Division Director

#1 team of ERA in Singapore, Asia Pacific International for 2014/5/6/7

ERA 2015 Q1 Top Achievers (Top1%)
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Overall Top 100 achievers 2014-2017 Read More

Hi Ms. Faith,

For EC that has been granted special approval for sale, typically the buyer has to fulfil the EC eligibility conditions, namely not earning more than 14k per month and didn't take more than 2 subsidies. Is that the case for you?

Yes you are required to dispose your flat within 6 months of key collection of EC. That is more than sufficient time with the right marketing and pricing strategy. If its not sold within the stipulated period, hdb can choose not to approve the EC purchase or require some penalties to be paid subject to hdb discretion.

This requires some detailed timeline and financial planning to ensure a smooth transition. May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

Email: Ivanng10@gmail.com
Contact: (+65) 97432395 
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Website: http://www.ivanng10.com/clientreviews
(Client's Testimonials)

**Note: We are not prompted when you respond here, hence please get in touch directly. Look forward to hear from you soon! **

-- HDB BTO 4rm Sellers Mr. Farvin & Ms. Sel --

Ivan was the first agent that we met up with and right from the offset we had good vibes as he has a friendly personal approach, detailed working style and focuses on building the long-term relationship.

Our unit comes with its challenges but Ivan remained positive and had no qualms committing to our plans right from the start. It took only 6 weeks of aggressive marketing for him to secure a good offer which was a pleasant surprise in the end.

Ivan was always responsive and we had no worries to pass him the house keys. The whole process was transparent and hassle free, and he was always thinking from our point of view on how to make life easier for the client. He is a committed professional and has fast execution, so we felt assured that things are done well and we can entrust the sale process entirely to him.

--- HDB Flat Upgraders Mr. & Mrs. Lee ---

We decided to engage Ivan as our agent as we were impressed with how he answered the enquiries on property guru website.

He has helped us to find our ideal unit and also sold our current unit. He was very patient and never pushy when we were looking for our ideal unit. He would tell us that it is always important to find a unit that we really liked.

When it comes to selling of our unit, he was always prompt in arranging for viewings and he also tried his best to arrange and consolidate the viewings due to our time constraints. He is a reliable and prompt agent and is always willing to clarify any concerns and questions that we have.

Thanks Ivan! :)

-- HDB 5-rm Sellers Mr. & Mrs. Ting --

We have engaged the services of Ivan Ng for sale of our property at Pandan Gardens. He is professional and systematic in his marketing approach.

He is hardworking and committed to his work. He puts in great efforts in arranging clients for viewings and kept us updated thereafter. He is ever ready to help and guide us whenever the need arises.

He provided us with sound and useful advice as well as closely follow through from the start till the smooth sale of the property within a short period of time.

Thanks, Ivan. Keep up the good work! Read More

Good day miss Faith Lim .

Assuming you already have the funds to buy the EC before selling the hdb, as per your question , it should be easy to sell your hdb , the worse case scenerio is you will not be allowed to rent out either of your property , and it will not be favourable to you if hdb confiscate your hdb as it would be at a low monetary value .

Kindly contact me for a no obligations chat for your property needs.

My charges are 1% commission for exclusive ( sole agent ) selling rights to your HDB , or 2% for open istings ( many agents ) .

No commission chargeable when i serve EC buyers .

Joanne chia
Chia_joanne@yahoo.com.sg
Hp 8333 3327  Read More

Hi Faith, for your existing HDB, you would be granted more time for it as long as you can proof that your agent has actively been marketing for your unit but no offer thus far. So not to worry about it. Pls feel free to let me know if you need any assistance.

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

Hi Faith, and are you referring to The Canopy EC ? I have a unit for sale too.

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

Dear Faith,

It is highly unlikely to be unable to sell a unit within 6 months if it is priced reasonably and without major objections in terms of environment factor. The key for such scenarios usually revolves around pricing to sell. If you do not wish to be held hostage to such situations where you have already committed to a purchase and is required by regulation to sell, then simply avoid making a commitment before liquidating your existing property. That said, we need to really look into the whole finances to calculate the potential gains you are likely to get out from the purchase over the long run, whether is it worthwhile to potentially undersell your unit.

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Regards,

Geryl LIM
Consultant - Director
Global Alliance Property (L3010679B) - Century 21
CEA Reg R014783H
Mobile: +65-81577565  /+65-92787772
Email: geryl7772@gmail.com

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Hi Ms Faith,

To buy an EC with special approval of sale, you will need to fulfill the requirements to purchase an EC, ie the family nucleus and the income ceiling. You will also need to fulfill the remaining term of the the MOP.

6 months is definitely more than enough time to find a buyer for your HDB provided you have an comprehensive and intensive marketing plan. For most of my units, I managed to find a buyer under 3 months at my clients' desired price.

Please feel free to contact me so that I can understand your situation better and provide you with further assistance!

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
Visit my website to know me better: www.nicktan.com.sg

I was featured recently on Council for Estate Agencies (CEA) Newsletter:
https://www.cea.gov.sg/docs/default-source/module/newsletter/3-2017/bouquets-for-property-agents.html

Testimonial from Satisfied Clients (2016/2017)
“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)

“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 my choice in dealing with properties and I would highly recommend him to others who would appreciate an agent that takes care and can give the customer a peaceful mind.”
Susana (Buyer)

“Nick is very pro-active in helping us to resolve whatever questions and problems that we encountered. All the issues are settled even before us having to request or ask for a second time. He was very frank and transparent with all the details, limitations and advantages that we wouldn’t have known. I think this is the most important virtue to be successful in this line. I will surely recommend him to anyone who needs his service because I trust that they will be equally satisfied!!”

Mr and Mrs Chan (Sold and Bought a property through Nick) Read More

Hi Faith
I would love to assist. My track records are I usually will sell off my clients unit within 3months. You may wish to reach me via 91442664  for further discussion.

Best Regards,
Tricia Tan
 91442664 
Group Director
Propnex Realty Pte Ltd Read More