AskGuru Q&A Community

Hi Sir/Madam

Selling:
1. Have you hold your private property for longer than 3 years? As if it is less than 3 years seller stamp duty will apply

2. Steps in selling
- Appoint agent to market your unit, I will be glad to assist on this
- After that I will proceed to market your unit in online portals and propose to buyer on hand.

3. Pricing Strategy
Selling price will be depend on level, facing, condition of unit, etc
Appreciate if you can contact me at (65) 9660.8508 with details of your unit so I can advise accordingly

4. I will be glad to assist finding the right buyer

Timeline:
- Do you need the cash proceeds from your current house for the new house?
Will be glad to share the financial breakdown and timeline as well

Buying:
Other that HDB resale eligibility:
https://www.hdb.gov.sg/business/estate-agents-and-salespersons/buying-a-resale-flat/eligibility
If you are both aged 55 years and above, you are eligible to purchase a resale 4-room HDB flat or or smaller immediately after selling your private property.
However, if you are below 55 years old, you will need to wait for a period of 15 months before you can downgrade to a resale HDB flat after selling your private property
So in your case, you must seek approval from HDB to appeal buy a resale 4-room HDB flat right after downsizing, I will be glad to assist on this.

Rest assured, whether you choose to purchase a resale HDB flat immediately or wait for the eligibility period to pass, we will guide you through the entire process. We understand the importance of finding the perfect home for you, and we are here to provide you with expert advice and assistance every step of the way.

I will be glad to assist, I am well versed in HDB and private property and has done many transactions
I hope the above clarifies, please feel free to contact me at (65) 9660.8508 so I can explain further
Appreciate if you can contact me at (65) 9 6 6 0 8 5 0 8 with details of your unit
or click here https://bit.ly/WaSilvia to whatsapp me for no obligation discussion

Don't hesitate to reach out to us for a smooth and seamless transition into your new home
Thank you.

Warmest regards,

Silvia Yang

Senior Marketing Director
ERA Realty Network Pte Ltd
Mobile: (65) 9 6 6 0 8 5 0 8
Email: Silviayang8@gmail.com Read More

According to HDB regulations, there's typically a 15-month waiting period to purchase a resale HDB flat after selling a private property.
Individuals aged 55 and above are exempted from this waiting period.
However, if you don't fall into this category, it's possible to submit an appeal to HDB.
I'm available to assist you through this appeal process. Feel free to reach out if you need any guidance or support.

I am Sorry that This platform does not allow me to direct contact you.

To further assist you, please feel free to contact me via WhatsApp at 9856 9255  or through this link: https://wa.me/6598569255.

My services come with no obligations, and I'm here to help with any questions or assistance you need.

You can check out my reviews here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

For buyers, I offer solutions for sourcing resale and new private homes at no charge.

I can connect you with reputable bankers for private housing loans free of charge and with no obligation.

I also have partners to assist with mortgage home insurance matters.

Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份） :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!

You can reach me at my Singapore mobile: +65 9856 9255  or email me at Able.selling@gmail.com.

From: ABLE Toh- Your Property ASSISTANT ：）

“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”

XXXXX The END XXXXXXX Read More

According to HDB regulations, there's typically a 15-month waiting period to purchase a resale HDB flat after selling a private property.
Individuals aged 55 and above are exempted from this waiting period.
However, if you don't fall into this category, it's possible to submit an appeal to HDB.
I'm available to assist you through this appeal process. Feel free to reach out if you need any guidance or support.

I am Sorry that This platform does not allow me to direct contact you.

To further assist you, please feel free to contact me via WhatsApp at 9856 9255  or through this link: https://wa.me/6598569255.

My services come with no obligations, and I'm here to help with any questions or assistance you need.

You can check out my reviews here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

For buyers, I offer solutions for sourcing resale and new private homes at no charge.

I can connect you with reputable bankers for private housing loans free of charge and with no obligation.

I also have partners to assist with mortgage home insurance matters.

Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份） :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!

You can reach me at my Singapore mobile: +65 9856 9255  or email me at Able.selling@gmail.com.

From: ABLE Toh- Your Property ASSISTANT ：）

“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”

XXXXX The END XXXXXXX Read More

Hi Mdm,

In order to downsize from a private property to 4 room flat immediately, both you and your hubby will need to be above the age of 55 years old. As you are under the age of 55 years old, the 15 months wait out period will still apply.

However, as you are already close to 55 years old, you may appeal to HDB for a waiver of the 15 months period. Please feel free to contact me so that I can assist you with the appeal process.

Regards,
Nick Tan
(M) +65 96 44 48 54
B.Eng(Chemical)(Hons)(NUS) / Cert-in-REA
(E) nick96444854@gmail.com

SEAA Salespersons Achievement Platinum Award 2020/2022/2023

WhatsApp: https://wa.me/qr/X6VRPGSSIHN5D1

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 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) Read More

Hi Mdm,

I regret to inform you that as you're below age 55, you will need to serve a 15-month wait-out period after selling your private property before you're eligible to purchase a 4RM HDB resale flat.

However, since your Husband is above age 55, you may wish to write in an appeal to HDB on this matter. Only upon HDB approval that you can apply for an HFE to purchase the HDB resale flat.

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 +65 97 48 63 05. I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
+65 97 48 63 05
PropNex Realty Read More

Hi, firstly, congrats on having made so many milestones in life and now it is finally time to enjoy the fruits of your labour, where you can cash out a little money and enjoy some hobbies and entertainment.

There is currently a senior scheme that allows seniors and their spouse age 55 and above to avoid the wait out period and purchase the flat right away . However, since you are only 53 , it might require you to appeal to HDB, which has a relatively high chance of going through , since you are not far from the age of 55.

A few other point of consideration to take into is

1) Are you going to sell first then buy , or buy then sell ? If you have additional cash on hand to buy first , the transition from private to hdb will be more flexible and much simpler, however you will have to pay the additional absd of 20% first. After which you can apply for remission after selling your private property.

2) Loan amount, if there is a need to get loan, the loan amount might be lower due to the age

3) timeline and plans, what plans you have will affect how the process goes

If you would like me to be part of your journey in the transition of property, I am glad to be of assistance.

If you are in the process of a property journey be it in renting/selling/buying/investing and you are looking for someone to assist you, I will be avaliable Do reach out to me for assistance.

Landon Chew
97 39 60 40
Landonchew@email.com Read More