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We intend to sell off our current HDB 4rm flat at Admiralty Link & buy a resale 4 room flat nearer to our parents at Serangoon, how do I go about calculating the value of the nxt HDB flat we can afford?
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4 Answers

Pls contact me @ 97467007  for a non-obligation discussion

Thank you
Shawn Soh ( ERA )
 97467007 
Deputy Division Director Read More
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Afternoon,

By knowing how much cash profit and CPF returns you can get from the sales, along with the loan amount eligible for you, plus whatever grants that you might be eligible for, will allow you to work the figures out.

Do feel free to contact me for further discussion.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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Dear sir/madam,

Do not be confused. The veryfirst step will be to work out the estimated sales proceeds you can generate from the sales of your current place in Admiralty. Once you have this sum, the next step will be to do an assessment of the loan eligibility,either with a bank or HLE. Couple the results gotten with your existing funds in CPF and cash on hand, you will probably have a very decent picture of how comfortable the entire financial positioning you will be in to make a decision.

I have assisted countless clients in such transactions therefore the only hurdle right now will be the loan amount you are eligible for with due respect to the recent regulatory changes by MAS and HDB.

Let me know if you need to link up with any bankers or detailed calculations.

Regards,
Geryl LIM
Real Estate Director
Masters Of Real Estate (L3010548F)
CEA Reg R014783H
Mobile: +65-81577565  /+65-92787772
Email: geryl7772@gmail.com
Facebook: https://www.facebook.com/propertyblogshop

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Zheng Yanhui(Alex)
Hi,

I have handled similar cases like you before . They are buying and selling at the same time too. I can tell you what are the options you have. I also stay in admiralty link. My block number is 487. Feel free to contact me at 92736096  . I can do a calculation for you.

Regards
Yanhui
ERA
HP:92736096
zheng_yanhui@hotmail.com Read More
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