Our question is : Can we sell off the existing HDB flat and purchase a 4-rm resale HDB and still keep the condo?
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, it is not possible in your case as you would need to also sell away your property private and have a wait out period of 15 months if you are below 55 years of age, before you could purchase HDB again.
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Unfortunately no, once you sold off the 3-room flat, and decide to buy another 4-room again, you will need to sell off all private properties. If you are below 55 years old, you also need to wait out 15 months after selling the condo before you are eligible to purchase the 4-room HDB.
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.
Ivan Ng Realtor
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Condo Seller Mr & Mrs Wee : We would like to share our appreciation and commendation to Ivan for their professionalism and dedication in handling our property transaction. It was a great pleasure to work with him as he was patient throughout the entire process and explained to us and clarified any doubts we had without fail. He was also very prompt in responding to all the queries we had. While we were unsure if we were able to sell off the property in time, Ivan constantly reassured us that it was possible and offered his professional advice. In fact, he managed to secure an offer to sell the property above our expected price while concurrently negotiated the buying price for our next property. Having Ivan as our agent significantly made the entire process seamless and fuss-free. We will definitely recommend Ivan to our family and friends. Read More
I regret to inform you that it's not possible. If you're below age 55, you will need to sell off your private property and then serve a wait-out period of 15 months before you're eligible to purchase a resale HDB 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 9748 6305 . I will be happy to assess and share with you the possibilities for you in the current market.
PropNex Realty Read More
You will not be eligible to purchase a resale HDB without selling your current condo based on latest regulations. If both you and your wife are 55 years and above and wishes to purchase a resale HDB, you will be required to sell your current condo before you purchase a 4 room flat or smaller unit, otherwise you will be required to wait out for a 15 months period before being eligible to purchase a resale HDB.
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.
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I'm afraid you won't be able to. Any reason why you want to sell off the HDB?
Feel free to reach out to me at https://wa.me/6585711399 and I’ll get back to you ASAP. I seldom monitor this forum.
I look forward to seeing you soon.
Tobby Oei | ERA Realty Network Pte Ltd
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